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Ferrexpo - Latest news GMK Center

Photo – Untimely VAT refund is a systemic problem for Ukrainian economy and steel sector
Untimely VAT refund is a systemic problem for Ukrainian economy and steel sector

Iron and steel exporters are being stripped of vital working capital due to questionable actions by Ukrainian tax authorities

Photo – In 1Q 2025 Ferrexpo reached the strongest quarterly output since 2022
In 1Q 2025 Ferrexpo reached the strongest quarterly output since 2022

Suspension of VAT refunding will lead to decreased production in further months

Photo – Ferrexpo has allocated over UAH 1 billion to help Ukraine since 2022
Ferrexpo has allocated over UAH 1 billion to help Ukraine since 2022

The company has supported and continues to support more than 100 humanitarian and social initiatives

Photo – Non-refund of VAT to Ferrexpo may bring down Ukraine’s steel industry – Kalenkov
Non-refund of VAT to Ferrexpo may bring down Ukraine’s steel industry – Kalenkov

Steel sector may lose jobs, export revenues and investments due to fiscal restrictions

Photo – Ferrexpo to invest $3.3 bln to reach net zero emissions
Ferrexpo to invest $3.3 bln to reach net zero emissions

Priority decarbonization measures include transitioning to biofuel in pelletizing, eliminating fossil fuels, and electrifying mining vehicles

Photo – Veterans, youth and community support: Ukrainian iron & steel companies continue to support the country
Veterans, youth and community support: Ukrainian iron & steel companies continue to support the country

Since the beginning of the full-scale invasion, Ukrainian steel companies have been leaders in helping citizens and the country, and this work continues

Photo – Prospects for iron and steel sector of Ukraine in 2025
Prospects for iron and steel sector of Ukraine in 2025

Crude steel output in 2024 exceeded expectations, but the next year output could fall by 9%, exports by 16%

Photo – Ferrexpo increased pellet production by 42% y/y in January-September
Ferrexpo increased pellet production by 42% y/y in January-September

In Q3, production declined due to pressure from high production and logistics costs and lower iron ore prices

Photo – Ferrexpo allocated more than UAH 4.2 million for the rehabilitation department in Horishni Plavni
Ferrexpo allocated more than UAH 4.2 million for the rehabilitation department in Horishni Plavni

The company has not only provided the hospital with the necessary equipment, but will also support the staff training process

Photo – Prosecutor General’s Office files third motion to seize more than 2,000 semi-railcars of Poltava Mining
Prosecutor General’s Office files third motion to seize more than 2,000 semi-railcars of Poltava Mining

The company considers the demand to prohibit the use of its railcars as a disproportionate measure

Photo – Ferrexpo contributes to the success of Ukrainian women’s football
Ferrexpo contributes to the success of Ukrainian women’s football

The company plays an important role in the development of women's football team Vorskla from Poltava

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