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

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

The plant is upgrading its dispatch and production systems, reducing resource consumption, and increasing efficiency

During this period, most of the products were sent to Bulgaria, Turkey, and Poland

The EU and the US accounted for the bulk of Ukrainian product consumption

The plant underwent a series of ISO audits, retained its certificates, and expanded its opportunities for the European market