steel industry - Latest news GMK Center

Access to cheap and clean electricity will be the key competitive advantage

It is necessary to think over compensatory mechanisms to support the operation of steelmaking companies

The CBAM will cause a decrease in Ukrainian producers’ investments

The steel sector of Ukraine will be among the most affected by the imposition of the CBA

The imposition of the Carbon Border Adjustment Mechanism might lead to a decrease in the competitiveness of Ukrainian exports

СВАМ will deprive Ukraine of competitive advantages, i.e. access to iron ore

Production of steel and finished metal products dropped by 3.5% over the month

Production of steel and finished metal products dropped by 3.9% in January

Production will total 21.5–21.8 million tons provided that the capacity utilization rates remain at the levels recorded in December 2020–January 2021

Over the same period, the global Base Metal Price Index is expected to rise by 3.7% on average

Production of steel and finished metal products dropped by 9.1% over the year

Production of steel and finished metal products grew by 8.2% in November