Ukraine’s iron and steel industry
Ministry of Economy expects Ukraine’s GDP to grow to 4% in 2023

The department notes the increase in production in steel industry and improvement in the agricultural sector
EU increased imports of ferroalloys from Ukraine by 24.9% y/y in the first half of 2023

In June, supplies of Ukrainian ferroalloys to the EU countries increased by 87% m/m and decreased by 56.2% y/y
Ukrainian steel industry increased iron ore exports by 12.7% m/m in August

In January-August, mining companies of Ukraine reduced the shipment of ferrous metals to foreign consumers by 44% y/y
Ukraine needs a national strategy for the formation of emission quotas

After the war, the country may have the largest environmental credit in Europe for development
Ukrainian steelmakers reduced exports of long products by 56% m/m in July

In monetary terms, the export of such products for the month fell by 63.5% m/m

Interpipe operates at 60-70% of pre-war capacity

According to the results of the first half of the year, the company fulfilled all production plans, all three divisions showed growth
Ukrainian steelmakers in July reduced the export of flat products by 22.6% m./m.

In monetary terms, the export of such products fell by 25.3% m/m over the month
Ukrainian ferroalloy producers increased exports by 21.5% m/m in July

Over the month, Ukrainian ferroalloy enterprises shipped 23.6 thousand tons of products abroad
USA increased imports of pig iron from Ukraine by 2.1 times y/y in the first half of the year

For 6 months, 628.84 thousand tons of Ukrainian pig iron were shipped to American consumers
Ukraine’s steelmakers increased the export of semi-finished products by 7.6% m/m in July

The income of steelmakers from the export of slabs and blanks increased by 3.2% m/m over the month
Ukrainian steelmakers reduced pig iron exports by 37% m/m in July

Over the month, Ukrainian metallurgical companies shipped 106.7 thousand tons of pig iron to foreign consumers
Ukrainian steelmakers reduced capital investment by 68% y/y in 2022

Over the year, metallurgical companies invested UAH 7.93 billion in the development of production

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