rail transportation - Latest news GMK Center

The current situation regarding the network upgrade is already affecting the industry

According to the association, this could lead to a decline in GDP of nearly 100 billion UAH

Supplies for passenger trains account for a significant portion of the company's portfolio of railway projects

In Q1, Ukrainian Railways' share of containerized ferrous metal shipments stood at 15%

The new route could serve as an alternative for importers of rolled steel amid the shelling of Ukrainian ports on the Danube

The iron and manganese ore shipments fell by 45%, while that of ferrous steel fell by 55%

This was due to a 31% y/y decline in iron ore exports

A sufficient fleet is critical to postwar reconstruction

Key challenges include queues and idle railcars, as well as the late return of empty railcars

At the same time, iron ore exports fell by 5.5%

Head of Metinvest CEO's office stresses need to reform railway operator

Since 2021, these volumes have decreased by almost half