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

Photo – Interpipe has all the prerequisites for achieving global scale – CEO
Interpipe has all the prerequisites for achieving global scale – CEO

Over the past few years, the company has undergone a significant transformation, diversifying its sales markets

Photo – Ferroalloy exports from Ukraine grew by 31.9% y/y in January-October
Ferroalloy exports from Ukraine grew by 31.9% y/y in January-October

Key volumes of supplies go to Algeria, Poland, and Turkey

Photo – Ukraine reduced exports of semi-finished products by 35.5% y/y in January-October
Ukraine reduced exports of semi-finished products by 35.5% y/y in January-October

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

Photo – Zaporizhkcoke invested UAH 3.7 million in the modernization of stacker No. 2
Zaporizhkcoke invested UAH 3.7 million in the modernization of stacker No. 2

After major repairs, the machine once again processes up to 450 tons of coal per hour, ensuring stable operation of the workshop

Photo – Ukraine exported 1.59 million tons of pig iron in January-October
Ukraine exported 1.59 million tons of pig iron in January-October

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

Photo – Metinvest reports overall decline in production in January-September
Metinvest reports overall decline in production in January-September

Pig iron production fell by 6%, steel production – by 10%. Production of iron ore concentrates decreased by 4%, and coke production – by 3%

Photo – Ukraine reduced iron ore exports by 4.4% y/y in January-October
Ukraine reduced iron ore exports by 4.4% y/y in January-October

Key volumes of raw materials are sent to China, Slovakia, and Poland

Photo – Ukrainian steel industry is operating at 92% capacity utilization – deputy minister
Ukrainian steel industry is operating at 92% capacity utilization – deputy minister

Ukraine is not creating excess supply and must protect its domestic market from dumped imports, the official said

Photo – Ferrexpo suspends production and exports due to shelling of Ukraine’s power grid
Ferrexpo suspends production and exports due to shelling of Ukraine’s power grid

After rocket attacks on Horishni Plavni and Kremenchuk, the company temporarily lost its power supply

Photo – There will be no significant shortage of gas and electricity. But the price will be high
There will be no significant shortage of gas and electricity. But the price will be high

Not only does the state fail to encourage a reduction in the cost of energy resources for industry, but it also continues to increase tariffs

Photo – Ukraine produced 5.38 million tons of rolled steel in January-October
Ukraine produced 5.38 million tons of rolled steel in January-October

Pig iron production amounted to 6.48 million tons, and steel production amounted to 6.17 million tons

Photo – Metinvest paid UAH 13.8 billion in taxes in January-September
Metinvest paid UAH 13.8 billion in taxes in January-September

The three largest deductions are fees for subsoil use, social security contributions, and personal income tax

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