Gas consumption by Ukrainian steel companies in October was 7.2%

In October 2019, Ukrainian steel companies consumed 130 million cubic meters of natural gas, 7.2% down from October 2018.

GMK Center came to that conclusion based on the consolidated performance indicators of Ukraine’s mining & metals sector published by Ukrmetallurgprom.

In January–October, Ukrainian steel companies consumed 1.53 million cubic meters of natural gas, 1% up from the same period of the previous year.

As reported earlier, the same growth rate, 1%, was recorded for the first nine months of the year (1.4 billion cubic meters).

Over the first five months of 2019, Ukraine’s mining & metals sector consumed 740 million cubic meters of gas, 6% down from January–May 2018.

As reported earlier, on 1 November, Naftogaz of Ukraine raised gas prices for industrial consumers by 18.4–19.6% against October, up to ₴6,463-7,755 per thousand cubic meters, VAT included.

The company explained this with a hike in prices for natural gas in the European market, from which Ukraine imports this energy source.

  • Industry

Ukraine reduced imports of steel coke by 2.1% y/y in January–April

In January–April 2026, Ukraine’s steelworks reduced imports of coke and semi-coke (HS Code 2704) by…

Thursday June 4, 2026
  • Industry

Industrial production fell by 0.4% y/y in January–April

Industrial production in Ukraine fell by 0.4% year-on-year in the January–April period. This is linked…

Thursday June 4, 2026
  • Global Market

Trump’s tariffs have significantly reduced steel exports from the EU to the US – EUROFER

Since the US raised steel tariffs to 50%, exports of steel products from the EU…

Thursday June 4, 2026
  • Global Market

Turkey increased steel exports by 11.3% y/y in April

In April, Turkey increased its steel exports by 11.3% year-on-year to 1.3 million tonnes. The…

Thursday June 4, 2026
  • Infrastructure

200 million tonnes of cargo have been transported via the Ukrainian maritime corridor

Since its launch in September 2023, the Ukrainian maritime corridor has already handled 200 million…

Thursday June 4, 2026
  • Global Market

The UK has announced the details of the transition period for steel safeguard measures

The UK Department for Business and Trade (DBT) has published details of a transitional phase…

Thursday June 4, 2026