steel industry

Why the steel industry needs blockchain

Blockchain is an immature technology. However, it offers some interesting possibilities that even steelmakers can benefit from

Темпы падения промпроизводства в мае замедлились до 12,2% (c) primetals.com
Ukraine’s industrial production declined by 12.2% in May

Production of steel and finished metal products declined by 19%

GMK Center predicts a stronger impact of protectionism on the steel industry

Tougher import rules on Ukraine’s key export markets jeopardize exports of around 0.5 million tons of steel

В первом квартале ВВП Украины сократилось на 0,5% – Нацбанк (c) bank.gov.ua
The National Bank says Ukraine’s GDP fell by 0.5% in Q1

The country copes with this crisis better than before

Industrial prices are falling for the fifth month in a row

The rate of decline in prices slowed down against the previous month due to food manufacturers

(c) shutterstock.com
A fall in Ukraine’s GDP was 0.2% in January–February

A further fall in GDP may be expected in the future, which, according to the Cabinet of Ministers, will reach 4.8% in 2020

Mining & metals companies generate every eighth hryvnia of Ukraine’s GDP

One steel worker in Ukraine creates 2.2 jobs in related industries

Why are there so many bankruptcies in the industry?

Steelmaking is one of the industries where risk of default is always high

Why the steel industry is not in a hurry to consolidate

M&A activity in the sector is historically low

Challenge for the coming decades

Funding of decarbonization remains the key problem affecting the industry

Employment in the steel industry fell again in November

Over the first 11 months of 2019, the industry lost around 6 thousand employees

The recession and revaluation inflicted losses on steelmakers

The mining & metals sector of Ukraine will be loss-making in 2019 in terms of key indicators

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