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iron and steel industry of Ukraine - Latest news GMK Center

Photo – Ukraine’s steel production declined by 7.6% in H1
Ukraine’s steel production declined by 7.6% in H1

Production of pig iron and rolled products dropped as well

Photo – Average salaries in the steel industry increased by 3.5% in May
Average salaries in the steel industry increased by 3.5% in May

The highest increase in salaries was reported at non-ferrous companies, 8.1% up to ₴10.6 thousand

Photo – Ukraine reduced coke production by 9.1% in January–May
Ukraine reduced coke production by 9.1% in January–May

The reason is lower demand among steelmaking companies

Photo – Ukraine’s mining & metals sector cut steel production by 10.3%
Ukraine’s mining & metals sector cut steel production by 10.3%

Production of rolled products decreased by 16.3% over a month

Photo – Ukraine’s mining & metals sector cut steel production by 11.1%
Ukraine’s mining & metals sector cut steel production by 11.1%

Conversely, steel production increased against April

Photo – Sales of industrial products declined by 10.3% in Q1
Sales of industrial products declined by 10.3% in Q1

Sales of pig iron, steel and ferroalloys decreased by 19.1% in 3 months

Photo – Ukraine’s mining & metals sector cut steel production by 3.4%
Ukraine’s mining & metals sector cut steel production by 3.4%

Production of rolled products increased by 1.8% over 3 months

Photo – Ukraine’s foreign trade in goods declined by 1% in January–March
Ukraine’s foreign trade in goods declined by 1% in January–March

Ukraine’s exports of goods in Q1 remained at the same level as in Q1 2019

Photo – Ukraine’s industrial production decline slowed down to 1.5% in February
Ukraine’s industrial production decline slowed down to 1.5% in February

Production of steel and finished steel products declined by 4.1%

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