Ukraine’s iron and steel industry

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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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