financial performance
The Company made a breakthrough owing to its railway products segment
News Companies financial performance
23 July 2019
Revenue fell by 5%, down to $2.8 billion
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- Ukraine’s scrap exports grew by 5.7 times in Q1
- The Ministry of Economy expects a 2.2% decline in Ukraine’s GDP in Q1
- Ukraine’s pig iron exports grew 2.2-fold in March
- Ukraine’s iron ore exports shrank by 10% in March
- The Ministry of Economy estimates a drop in Ukraine’s GDP at 2.8%
- Ukraine cut coke production by 1.3% in Q1
- Ferrexpo reduced production of iron ore pellets by 0.4% in January–March
- IMF expects Ukraine’s GDP growth to slow down to 3.4% in 2022
- Scrap shipments to steelmakers increased by 23% in Q1
- Ukrainian steelmakers cut steel production by 0.5% in January–March
- Companies
- Ferrexpo reduced production of iron ore pellets by 0.4% in January–March
- ArcelorMittal Kryvyi Rih closed 2020 with a profit of ₴741 million
- Metinvest increased revenues by 1.5% in January
- Ferrexpo increased pellet production by 7% in 2020
- Ferrexpo reduced production of iron ore pellets by 3.4% in 2M 2021
- Interpipe Steel cut steel production by 18% in 2M 2021
- Ferrexpo expects an increase in iron ore pellets production in H2 2021
- Ferrexpo ramped up pellet production by 7% in January
- Horst Wiesinger, Chairman of GMK Center Supervisory Board, celebrates 81
- Interpipe Steel reduced steel production by 15.5% in January
- Ecology
- CBAM might apply to one third of Ukraine’s exports to the EU
- Business named environmental priorities for 2021
- The Ukrainian Parliament registered a draft law on industrial emissions allow...
- Ukraine to seek funding for participating in the European Green Deal
- Ukravtodor is going to increase the use of slag in road construction
- Business calls on the Government to step up the launch of the market for CO2
- Steelmakers and road builders agreed to step up slag recycling
- The Ministry of Natural Resources named priorities of the climate policy
- Business advocates the increased use of slags in road construction
- Metinvest has invested ₴22.5 billion in the environment in Kryvyi Rih
- Global Market
- Turkey increased imports of HRC from Ukraine 2.5 times in January
- The Cabinet of Ministers creates a working group to forge Ukraine’s position ...
- Ukraine retained its 12th position in the ranking of the world’s largest stee...
- Turkey tops the list of the largest steel importers through Ukrainian ports
- Ukraine has almost exhausted its quota for stainless pipes exports to the EU
- Russia banned imports of Ukrainian component parts for freight cars
- The number of import restrictions grew by 8% in 2020 globally
- The Eurasian Union lifted restrictions on imports of Ukraine-made railway wheels
- Duties on wire rod did not stop imports from Moldova
- EEC extends duties on Ukrainian stainless pipes
- Industry
- Ukraine’s scrap exports grew by 5.7 times in Q1
- Ukraine’s pig iron exports grew 2.2-fold in March
- Ukraine’s iron ore exports shrank by 10% in March
- Ukraine cut coke production by 1.3% in Q1
- Scrap shipments to steelmakers increased by 23% in Q1
- Ukrainian steelmakers cut steel production by 0.5% in January–March
- Ukraine’s revenues from exports of metals jumped by 30% in Q1
- Construction output shrank by 11.6% in February
- The Government banned imports of railway wheels from Russia
- Ukraine reduced production of ferroalloys by 4.3% in January–February
- Infrastructure
- Cargo transportation in Ukraine dropped by 2.2% in January
- Steelmakers increased railway shipments by 9.8% in January
- Ukraine’s cargo transportation fell by 11.2% in 2020
- Cargo transportation in Ukraine dropped by 11.6% in January–November
- The Ukrainian Railways to sell 380 thousand tons of scrap in 2021
- A new slag standard in Ukraine now in force
- Metinvest supplied 18.5 thousand tons of steel for a bridge in Genoa
- Ukraine’s iron ore exports through seaports grew by 49% in March
- Rail transportation of metals fell by 5% in 2019
- Ukrainian seaports increased iron ore transshipment by one third in 2019
- Society
- Salaries in the mining & metals sector decreased for most positions
- Salaries of Ukrainian steelmakers increased by 15% in January
- ArcelorMittal cut occupational safety investment by 24.4% in 2020
- Salaries in the steel industry grew by 3% in 2020
- Salaries in the mining & metals sector of Ukraine slightly decreased in November
- Salaries in all segments of the mining & metals sector of Ukraine increased
- Salaries in the mining & metals sector of Ukraine slightly decreased
- Salaries in the mining & metals sector of Ukraine increased for most position...
- Salaries in the mining & metals sector of Ukraine slightly decreased in June
- Average salaries in the steel industry increased by 3.5% in May
- State
- The Ministry of Economy expects a 2.2% decline in Ukraine’s GDP in Q1
- The Ministry of Economy estimates a drop in Ukraine’s GDP at 2.8%
- IMF expects Ukraine’s GDP growth to slow down to 3.4% in 2022
- The Government increased the authorized capital of ECA by ₴1.8 billion
- The World Bank improved forecast for Ukraine’s GDP in 2021 to 3.8%
- The State Property Fund expects to beat the privatization targets for 2021
- Parliament lifts ban on large privatization
- The Cabinet of Ministers creates a working group to forge Ukraine’s position ...
- Industrial production in Ukraine declined by 4.6% in February
- Ukraine’s GDP dropped by 4% in 2020 according to the State Statistics Service
- Technologies
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- No rules: protectionism is turning trade into an all-out war
- Black Jack: the story of a new iron ore deposit in Ukraine
- Mining & metals companies increased capital investment by 37% in 2019
- The peak price: high quotations play into the hands of mining companies
- Ukrainian steelmakers joined the fight against the coronavirus epidemic
- The misfortune came: the impact of the coronavirus on the steel industry
- The recession and revaluation inflicted losses on steelmakers
- Risks 2020: what steelmakers expect from the coming year
- Price review of the market of raw materials in the steel industry
- Falling sheet: price review of the flat products market
- Companies
- Ecology
- Global Market
- No rules: protectionism is turning trade into an all-out war
- The peak price: high quotations play into the hands of mining companies
- The misfortune came: the impact of the coronavirus on the steel industry
- Long products, low quotations: a review of the rebar market
- Two Ukrainian steel companies were left out of the game
- High iron ore prices boost exports of raw materials and rolled steel
- Russia introduces quotas for scrap exports: how will it affect Ukraine?
- Lower quotas, less steel: the EU steelmakers want tighter quotas
- Industry
- Mining & metals companies increased capital investment by 37% in 2019
- Ukrainian steelmakers joined the fight against the coronavirus epidemic
- The recession and revaluation inflicted losses on steelmakers
- Risks 2020: what steelmakers expect from the coming year
- Price review of the market of raw materials in the steel industry
- Falling sheet: price review of the flat products market
- Pipe playing: how many steel products does the oil & gas industry consume?
- Domestic steel: Ukrainian steel consumption in H1 2019
- Income from waste: Ukraine can double slag processing and exports
- What Ukrainian shipbuilders produced in 6 months
- Infrastructure
- Society
- State
- Technologies
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- What future will ‘green’ transformation bring
- Environmental modernization needs government support
- The introduction of the CBAM may worsen the position of steel industry
- Economic stagnation is a key risk for climate policy
- CBAM introduction will not accelerate the environmental modernization of the ...
- The CBAM’s impact on the steel industry
- Environmental modernization of Ukraine’s steel industry is a long journey
- At their peak the prices arrive. What should we expect, subsequent dive?
- Ferrexpo invested over ₴891 million in environmental projects in 2.5 years
- Green transition: how to go green without going astray
- Companies
- Ecology
- Ferrexpo invested over ₴891 million in environmental projects in 2.5 years
- Green transition: how to go green without going astray
- Slowly but surely: how soon the world will be decarbonized
- The carbon threat to Ukrainian exports to the EU
- Challenge for the coming decades
- Green steel production in Europe and in Ukraine
- Global Market
- Industry
- The introduction of the CBAM may worsen the position of steel industry
- CBAM introduction will not accelerate the environmental modernization of the ...
- The CBAM’s impact on the steel industry
- Environmental modernization of Ukraine’s steel industry is a long journey
- The rules have changed: protectionism is a new normal
- The impact of the quarantine: how to not lose the industry
- Why are there so many bankruptcies in the industry?
- The TOP 6 risks for Ukraine’s steel industry in 2020
- On the verge. What is going on in Ukraine’s steel industry?
- Why should Ukrainian steelmakers invest in development?
- Infrastructure
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- Technologies
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- Largest capital investments and investors in 2019
- The metal sector outspends other industries on environmental costs
- Mining & metals companies generate every eighth hryvnia of Ukraine’s GDP
- The global scrap market may shrink this year
- Consumers and shipment volumes of Ukrainian iron ore
- Capital investment in the mining & metals sector doubled in 5 years
- The industry recovers after a decline early this year
- How Ukraine’s steel industry resists global protectionism
- Environmental costs in the mining & metals sector grew by 25–30% in 2018
- The global market of hot-dip galvanized coils will continue to grow
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- Matt Simpson: “We would like to start construction by the end of 2021”
- Andreas Koller, “The industry is facing big technological transformations”
- Horst Wiesinger: “Quality! That is my advice for Ukrainian steelmakers”
- Mauro Longobardo, “We believe the government will not allow a suspension”
- Anatoliy Kinakh, “We are losing entire sectors of economy”
- Anna Derevyanko, “We have a chance to equalize the terms for doing business”
- Gabriel Sauer: «Business should invest in clean technology»
- Ugur Dalbeler: “There will be further production cuts in steel sector”
- Robert J. Mateer: “Steel will win out over aluminum in the automotive”
- Horst Wiesinger: “Professionalism becomes increasingly important”
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- ArcelorMittal Kryvyi Rih
- Pokrov GOK (Mining and Processing Plant)
- Marganets GOK (Mining and Processing Plant)
- Zaporizhzhia Iron Ore Plant
- Kryvyi Rih Iron Ore Plant
- Ingulets GOK (Mining and Processing Plant)
- Central GOK (Mining and Processing Plant)
- Nikopol Ferroalloy Plant
- Zaporizhzhia Coke Plant
- Yasynivka Coke Plant
- Coke
- Ferroalloys
- Flats
- Iron Ore
- ArcelorMittal Kryvyi Rih
- Pokrov GOK (Mining and Processing Plant)
- Marganets GOK (Mining and Processing Plant)
- Zaporizhzhia Iron Ore Plant
- Kryvyi Rih Iron Ore Plant
- Ingulets GOK (Mining and Processing Plant)
- Central GOK (Mining and Processing Plant)
- Ferrexpo Poltava Mining
- Sukha Balka GOK (Mining and Processing Plant)
- Northern GOK (Mining and Processing Plant)
- Longs
- Pipes
- Semis