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iron and steel industry of Ukraine - Latest news GMK Center

Photo – How sanctions affected the Russian steel market
How sanctions affected the Russian steel market

In 2022, steel production in the Russian Federation decreased by 7.2%, and steel consumption – by 5%

Photo – Anatoly Kinakh: «Steel industry now needs the most support from the state»
Anatoly Kinakh: «Steel industry now needs the most support from the state»

President of UUIE about the current state of the Ukrainian economy and priority measures to improve the situation

Photo – Ukraine increased production of rolled products by 5% in 11M
Ukraine increased production of rolled products by 5% in 11M

Production of steel and pig iron also went up

Photo – Ukraine’s revenues from iron ore exports declined by 20% in November
Ukraine’s revenues from iron ore exports declined by 20% in November

Iron ore export volumes grew 18% in the same period

Photo – Ukraine’s M&A market hiked by 80% in 2021
Ukraine’s M&A market hiked by 80% in 2021

The largest deal of the year is the purchase of Dniprovskyi Iron and Steel Works by Dniprovskyi Coke Plant

Photo – Prices at coke plants rose by 17% in October
Prices at coke plants rose by 17% in October

Average salaries in Ukraine’s mining & metals sector increased in all segments

Photo – Ukraine’s mining & metals companies are about to complete modernization of primary conversion facilities
Ukraine’s mining & metals companies are about to complete modernization of primary conversion facilities

Average annual capital investment in the mining & metals sector has reached $2 billion in 2010–2020

Photo – Sizable contribution — how much and in what mining & metals companies are investing
Sizable contribution — how much and in what mining & metals companies are investing

The mining & metals sector seeks to develop production of high value-added products

Photo – Capital investment in the steel industry grew 38% in 9M
Capital investment in the steel industry grew 38% in 9M

Steelmakers invested ₴16.4 billion in production development in 9M

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