Capital investments in the steel industry dropped by 13.2% in Q1

The volume of capital investment in the steel industry and production of finished steel products fell by ₴0.7 billion (-13.2%) to ₴4.6 billion in Q1 2020 compared to the same period of the previous year, according to the State Statistics Service.

The share of the steel industry and production of steel products was 30.1% of all industrial capital investment.

In Q1, capital investments in the mining industry (iron ore mining) as part of the mining & metals sector fell by ₴4.4 billion (-31.3%) to ₴9.7 billion. Their share in the total volume of industrial capital investment was 31.7%.

In total, capital investment in the industry in Q1 2020 decreased by ₴13.5 billion (-30.7%) to ₴30.5 billion.

In 2019, the volume of capital investment in the steel industry and production of finished steel products increased to ₴30.49 billion. Capital investment index was 129.7%.

Share
Published by
Aleksandr
Tags: industry capital investment State Statistics Service macroeconomics
  • Global Market

Nucor raised prices for hot-rolled coil by $10/t

US steel company Nucor announced an increase in the weekly spot price (CSP) for hot-rolled…

Tuesday July 1, 2025
  • Companies

Central Mining modernized its pelletizing plant at a cost of UAH 40 million

A three-week repair campaign costing almost UAH 40 million has been completed at the pelletizing…

Tuesday July 1, 2025
  • Companies

SSAB has secured an additional €430 million for its green transformation in Luleå

Swedish steel company SAAB has announced that it has secured an additional €430 million in…

Tuesday July 1, 2025
  • Industry

Ukraine reduced semi-finished products’ exports by 34% y/y in January-May

In January-May 2025, Ukrainian steel companies reduced exports of semi-finished steel products by 34.1% compared…

Tuesday July 1, 2025
  • Society

Metinvest to allocate over $500 thousand to support veterans in 2025

Metinvest Group, which has faced the mobilization of one in five employees since the start…

Tuesday July 1, 2025
  • Global Market

Canadian steelmakers consider government’s proposed protective measures insufficient

Representatives of the Canadian steel industry told government officials that the proposed measures to protect…

Monday June 30, 2025