Ukraine’s iron and steel industry - Latest news GMK Center

The bulk of the raw materials was shipped to China, Slovakia and Poland

In the second quarter, the company doubled its production of DR pellets

Almost all of the supplies consisted of Polish products

The bulk of imports consists of twisted carbon steel rods and bars intended for use without further processing

Steel production fell by 3.2% year-on-year over the period

The figures for 1H2026 are virtually the same as those for January–June 2025

The bulk of the produce was exported to EU countries

Luca Zanotti emphasises that the Ukrainian steel industry has no excess capacity

Coated flat-rolled products account for around 50% of imports

Export revenue rose by 5.3% y/y

Investment in the steel sector rose by 40% y/y

The group remains one of Ukraine’s largest investors and exporters