Iron & steel companies capital investments up 33% in 2021

Overall volume of Ukrainian iron & steel companies’ capital investments in 2021 increased by 32.7% y-o-y to $1.82 billion . It’s indicated by the data of the State Statistics Service.

In particular, capital investments growth in the metal industry in dollar terms amounted 36.7% – to $875.4 million.

In the metal ore mining growth amounted to 29.2% – up to $948.7 million.

In iron ore mining the amount of investments amounted to $918.6 million, nonferrous metals ore mining – $30 million.

In 2020 Ukrainian iron & steel companies’ capital investments decreased in the metal industry by 40.8%, to $640.2 million, in the mining industry – by 11.8% y-o-y, to $734.2 million. The overall decline in the industry was 28.2% – to $1.37 million.

According to GMK Center estimates, during 2010-2020 average annual volume of iron & steel companies’ capital investments was $2 billion. 

  • Global Market

India increased production of iron ore pellets by 5% y/y in FY2024/2025

In FY2024/2025, India increased production of iron ore pellets to 105 million tons, up 5%…

Wednesday May 14, 2025
  • Companies

Electricity cost and tariffs force Ingulets Mining to continue downtime

Ingulets Mining and Processing Plant (Ingulets GOK), a part of Metinvest Group, continues to be…

Wednesday May 14, 2025
  • Global Market

EU exported 3 million tons of scrap in January-February

In January-February 2025, EU companies specializing in ferrous scrap operations reduced their exports of raw…

Wednesday May 14, 2025
  • Global Market

UK TRA recommends restricting countries’ access to residual quotas on steel imports

The British Trade Remedies Authority (TRA) has recommended introducing restrictions on the share of total…

Wednesday May 14, 2025
  • Global Market

Nissan to close seven plants and cut 20 thousand jobs

Following the announcement of disastrous annual results, Japanese automaker Nissan Motor Co will close seven…

Wednesday May 14, 2025
  • Industry

Ukraine reduced iron ore exports by 10% y/y in January-April

In January-April 2025, Ukraine's mining industry reduced iron ore exports by 10.2% compared to the…

Wednesday May 14, 2025