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russian agression - Latest news GMK Center

Photo – Interpipe increased logistics costs by 2.5-3.5 times
Interpipe increased logistics costs by 2.5-3.5 times

Due to the blockade of Ukrainian ports, the company began to export products by cars and railway transport to European ports

Photo – Summer recession: why Ukraine’s steelmakers and miners reduce activities
Summer recession: why Ukraine’s steelmakers and miners reduce activities

Business cannot solve many new problems without authorities involvement

Photo – Canada introduced a new package of sanctions against Russia
Canada introduced a new package of sanctions against Russia

Base metals production, land transport, pipelines, and other industries fell under the restrictions

Photo – In January-June, Ukraine’s steelmakers reduced metals exports to 4.1M t
In January-June, Ukraine’s steelmakers reduced metals exports to 4.1M t

Shipments of pig iron abroad fell by 57.1%, rolled products – by 58.8%, and semi-finished products – by 60.8%

Photo – Pipe production in Ukraine decreased by 27% in January-June
Pipe production in Ukraine decreased by 27% in January-June

In June, pipe companies produced 43.2 thousand tons of products, which is 35.5% less than in June 2021, and 15.9% less than in May

Photo – Interpipe’s Novomoskovsk plant rose sales up to 70% of pre-war levels
Interpipe’s Novomoskovsk plant rose sales up to 70% of pre-war levels

In June, Interpipe Novomoskovsk Pipe Plant exceeded the adjusted plan by 8%

Photo – Kametstal hired 756 new specialists since the beginning of the war
Kametstal hired 756 new specialists since the beginning of the war

Despite the slowdown in production, the plant's workshops continue to produce steel the country needs

Photo – Research: More than 10% of Ukrainian businesses have completely moved abroad
Research: More than 10% of Ukrainian businesses have completely moved abroad

At the same time, 72% of companies moved within Ukraine, and 17% – both in the country and abroad

Photo – Smart Maritime Group suspended operations at the Kherson shipyard
Smart Maritime Group suspended operations at the Kherson shipyard

The company announced a downtime, except for units that ensure the protection of facilities and the work of emergency services

Photo – In January-June, Ferrexpo reduced production to 4.8 million tons
In January-June, Ferrexpo reduced production to 4.8 million tons

During the same period, the company's sales fell by 21% due to difficult logistics

Photo – Metinvest donated 20 ambulances to combat medics
Metinvest donated 20 ambulances to combat medics

The total cost of cars, including the cost of repairs and delivery to Ukraine, amounted to €300,000

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