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

The bulk of raw materials was sent to China, Slovakia, and Poland

The company invests in equipment modernization, product development, and expansion of its presence in export markets

Pig iron production amounted to 7.19 million tons, and steel production amounted to 6.81 million tons

The second stage of the investment project upgraded key equipment at the CCM-1 and improved the precision of cutting workpieces

The Verkhovna Rada Committee discussed the impact of UZ and Ukrenergo tariffs on industry and logistics, presenting key expert conclusions

The batch included products with a diameter of 219 mm, manufactured in accordance with European standards

During the November campaign, the company launched production of a new type of rolled steel

During November, the company produced 76.3 thousand tons of metallurgical coke

Overhaul of key raw materials logistics facility completed 12 hours ahead of schedule, ensuring stability of supply

Steel production increased by 10.9% y/y during the period, while pig iron production increased by 15.4% y/y

Steelmakers plan to increase demand for scrap, while the market is already experiencing a shortage of raw materials

Despite asset losses on the front lines and a decline in production, the group maintains its leadership and increases investment