Ferrexpo - Latest news GMK Center

Major companies are developing different solutions – from electrification of mining fleet to new steelmaking technologies

Smart factories are already operating around the world, while Ukrainian steeelmakers are currently only at the initial stage of introducing AI into production

The company continues exploring new alternatives to further reduce emissions

The company continues to demonstrate commitment to responsible growth under extraordinary pressure

Suspension of VAT refunds threatens further socio-economic contribution

The company supports housing and infrastructure repairs, educational programs, assistance for veterans and vulnerable groups

The company is considering long-term funding options

After rocket attacks on Horishni Plavni and Kremenchuk, the company temporarily lost its power supply

The situation in the industry is challenging, but there is significant potential due to the mineral agreement with the US and EU programs

VAT refund debt has remained at UAH 29-31 billion since April

The company is seeing significant growth in demand for iron ore concentrate

The utilization rates of individual companies in the industry vary significantly depending on the situation at the plants and sales markets