Ukraine’s mining & metals sector reduced the consumption of gas by 6% in January–May

According to Ukrmetallurgprom, mining & metals companies reduced gas consumption by 6% within the first five months of 2019, down to 740 million cubic meters, compared to the same period of the previous year.

Since the beginning of the year, Ukrainian steelmakers reduced electricity consumption by 2%, down to 4.85 billion kWh, compared to the same period a year earlier.

In January to May, Ukrainian steel plants ramped up production of pig iron, steel, and steel rolled products. The output of steel increased by 7%, up to 9.3 million tons; steel rolled products by 3%, up to 7.9 million tons; and pig iron by 2%, up to 8.7 million tons, compared to the same period of the previous year.

In the meantime, companies of the mining & metals sector may boost production of pig iron and steel rolled products in July.

Central GOK will annually save UAH 5.5 million on energy consumption

  • 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
  • Global Market

Canada will extend its tariffs on steel and aluminium imports for a further year

Canada will extend tariff rate quotas (TRQs) and preferential tariffs on imports of certain types…

Thursday June 4, 2026
  • Global Market

Global scrap consumption rose by 4.5% y/y in 2025 — BIR

Global scrap consumption rose by 4.5% compared with the previous year, reaching 480 million tonnes,…

Thursday June 4, 2026
  • Companies

Worthington Steel has completed the acquisition of Klöeckner

The US-based Worthington Steel has completed its voluntary public takeover bid for Klöeckner & Co…

Thursday June 4, 2026
  • Companies

Voestalpine forecasts a rise in profits amid new EU protective measures

Austrian steel producer voestalpine expects profits to rise in the 2026/2027 financial year against the…

Wednesday June 3, 2026