Ferrexpo - Latest news GMK Center

The companies signed a memorandum of understanding for the supply of high-quality direct reduction iron ore pellets

Among them are the blocking of tax invoices, environmental taxation and complicated reporting on assistance to the Armed Forces

Companies are forced to go to court to get their money

Poltava GZK, Yeristiv GZK and Bilaniv GZK paid UAH 1.93 billion in taxes and fees in 12 months of 2023

The company continues studying options to reduce carbon intensity

The health and safety of the workers is the Group’s primary concern

By resuming exports by sea, the company managed to increase exports and expand their geography

Company’s capital expenditures reached 77% of the EBITDA

Currently, the enterprise already operates a 5 MW SPP

Due to the risks of new strikes on the energy infrastructure, no one can guarantee the stability of power supply

Before the full-scale invasion, Ferrexpo accounted for 10% of Japanese demand

Supporting export potential, staffing and ramping up production remain the main issues for Ukrainian steel sector