steel - Latest news GMK Center

In 10 months of 2022, German steelmakers reduced steel output by 6.9% y/y

In the conditions of a difficult market situation, the company achieved and exceeded all financial goals

Pig iron production in October 2022 increased by 12.6% m/m, while steel production fell by 6.4% m/m

The hull of the Ukrainian Navy's flagship is made of steel, which was produced at the Ilyich Iron and Steel Works and Azovstal

In January-October 2022, the plant reduced the production of rolled products by 56.4% y/y – to 1.17 million tons

In the world ranking of iron-producing countries, Ukraine was in 14th place

Production of finished steel during this period fell by 2.2% y/y, and pig iron – by 2.5% y/y

In January-September 2022, German steelmakers reduced steel output by 6% y/y

Production of pipes for the first six months of 2022 amounted to 205,000 tons, and railway products – 40,000 tons

The parts were made by special order of one of the military units. They will be used in the southern direction of the front

Pig iron production fell by 7.5% m/m in September 2022, while steel production – by 7.1% m/m

Product deliveries from Ukraine decreased by 75.5% y/y due to the blockade of Ukrainian ports