Prices for mining & metals products are falling, while prices for industrial products in general are rising

According to the State Statistics Service, in January–October 2019, prices for steel and finished metal products fell by 7.2% compared to the same period of 2018.

For comparison: prices for Ukrainian industrial products grew by 6.2%.

In the ten months, prices in the mining & metals sector grew only in the metal ore mining segment — by 14.4%. This was the result of the growth in the global prices for ore that was recorded in the middle of the year. In early autumn, however, the prices stopped growing, and in mid-October 2019 dropped by 7.2% year on year.

Steady decline is recorded in other segments of the mining & metals sector. That’s why in October, prices for steel and finished metal products fell by 16% compared to October 2018.

Prices for coke and petroleum products fell by 1.3% in the first ten months of the current year and by 15.4% compared to the same month of the previous year.

Share
Published by
Aleksandr
Tags: iron ore prices metal products industrial production Ukraine’s iron and steel industry
  • 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
  • Companies

ArcelorMittal Poland launches new hydrogen furnaces in Krakow

ArcelorMittal Poland has officially commissioned hydrogen furnaces in the cold rolling annealing shop at its…

Monday June 30, 2025
  • Global Market

Taiwan has imposed temporary anti-dumping duties on Chinese hot-rolled steel

Taiwan will impose temporary anti-dumping duties on certain types of flat hot-rolled steel from China…

Monday June 30, 2025
  • Companies

Atlas Holdings to acquire Evraz North America with assets in the US and Canada

Investment company Atlas Holdings has signed a definitive agreement to acquire Evraz Inc. NA and…

Monday June 30, 2025
  • Industry

Ukraine increased pig iron exports by 35.1% m/m in May

In May 2025, Ukrainian steel enterprises exported 162.36 thousand tons of commercial pig iron, which…

Monday June 30, 2025
  • Infrastructure

German LEAG suspends energy project using green hydrogen

German energy company LEAG, the country's second-largest electricity supplier, is suspending its 110 MW hydrogen…

Monday June 30, 2025