steel consumption

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Consumption of painted steel may grow to 300 thousand tons in 2024 – forecast

Ukrainian producers can increase the output of these products this year to 100 thousand tons, which is 54% more than in the previous year

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Vartis has opened four new steel centers in Western Ukraine since the beginning of the year

Soon, the company plans to open several more branches in Ivano-Frankivsk region and Zakarpattia

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Consumption of steel products in Ukraine decreased by 37.1% y/y in January

During the month, the country's domestic market consumed 137.7 thousand tons of rolled and semi-finished goods

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Steel consumption in Ukraine to grow by 20% in 2023

The increase in the indicator is primarily related to the activation of state projects

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Analysts expect global GDP growth of 2.1-2.9% in 2024

Next year we can expect looser monetary policy, reduced inflation and high uncertainty

TOP-5 main players in the steel trade market of Ukraine

GMK Center analyzed steel traders market of Ukraine and selected leading companies

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GMK Center launched a new project «Traders»

Useful information about steel traders will be regularly updated and supplemented in company profiles

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Steel consumption will continue to decrease in 2023 in Poland – HIPH

The consumption of steel products in the country in the first quarter of 2023 fell by 21% y/y

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The volume of completed construction works in Ukraine for the first quarter increased by 8.4% y/y

The driver of construction growth during this period was engineering constructions, increasing the indicator by 23.1% y/y

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Ukrstal Construction supplies arched steel blocks for the «Wave» bridge in Kyiv

The blocks are designed and produced using a special technology that has no analogues in Ukraine

Industrial production in Ukraine decreased by 37% in 2022

The output of products at iron and steel enterprises suffered the most

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The volume of completed construction works for 2022 decreased by 56% y/y

Residential construction decreased by 51.9% y/y, engineering – by 58.5%, and non-residential – by 53.5%

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