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

Conjunctural assessments indicate that the situation in the steel industry is worse than the average for Ukrainian industry

Smart factories are already operating around the world, while Ukrainian steeelmakers are currently only at the initial stage of introducing AI into production

The steel equipment workshop fulfilled orders from the Kryvyi Rih's Mining and the Sukha Balka mine

The figure has already exceeded the total volume of shipments in 2024 by more than 86 thousand tons

Upgrading the conveyors and firing machine ensured stable operation of the equipment

The situation remains very fragile

The majority of supplies are Polish products

Main risks associated with the European market in connection with the introduction of CBAM

The majority of products are exported to EU countries

At the same time, export revenues decreased by 0.5% y/y, indicating unfavorable pricing conditions

Luca Zanotti outlined the role of business, energy, and integration with the EU in Ukraine's recovery at a forum in Berlin

The main volumes of supplies go to Algeria, Poland, and Turkey