raw iron ore materials - Latest news GMK Center

From 2022, the volume of additional capacities amounted to 50 million tons

Ukrainian suppliers are ready to replace the products of Russian producers on the EU market in case of sanctions on pig iron and steel from the Russian Federation

Carrying out these works without contractors will save the company almost UAH 0.5 million

The first of the megahubs is expected to start operating in 2027

The ban is valid from August 28, 2023 until canceled

Production of iron ore concentrate in January-June amounted to 4.75 million tons, and coal – 3.04 million tons

In January-April, Ukrainian iron ore exports to the EU amounted to 19.7% of the total European imports

Export duty on billets and slabs increased to 2%, on iron ore – to 20%

The project is expected to be implemented in two phases

A strategic plan for the use of local raw materials was launched in 2022

Production of iron ore concentrate was 2.31 million tons, and coal production – 1.46 million tons

The annual capacity of the enterprise will be 500,000 tons of iron ore concentrate