trends - Latest news GMK Center

Horst Wiesinger Consulting president talked about future of European and Ukrainian steel industry

Steelmakers expect a drop in demand by over 50% in the next two quarters

Production of steel and steel products declined by 10.3%, while mining of metal ores by 1.5%

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

Iron ore quotations will continue to decline in 2020. China plays a decisive role again

GDP grew by 0.7% compared to Q2 2019

The margin of electric arc steelmaking companies is at the minimum.

Ukrainian foundries are expected to achieve the output of 1.5–1.8 million tons per year by 2025