pig iron - Latest news GMK Center

The EU and the US accounted for the bulk of Ukrainian product consumption

Pig iron production amounted to 4.36 million tons, and steel production – 4.27 million tons

104.6 million tons were produced using the blast furnace method, and 10.7 million tons – using the direct reduction method

The entire volume of products was delivered in May, while there were no imports in January-April

The EU and the US accounted for the bulk of Ukrainian product consumption

New restrictions could disrupt iron ore supplies to the US and affect global prices

Pig iron production amounted to 3.67 million tons, and steel production amounted to 3.68 million tons

The EU and the US accounted for the bulk of Ukrainian product consumption during the month

107.2 million tons were produced using the blast furnace method, and 12.5 million tons using the direct reduction method

Pig iron production fell by 16.3% year-on-year in May

Pig iron production fell by 11% y/y over the month

Despite the sanctions, in the first quarter, Russia exported 697 thousand tons of pig iron to the EU out of the authorized 700 thousand tons