Ukraine’s iron and steel industry

Interpipe is testing the delivery of products through a terminal in Poland

The company is still thinking about Danube transportation, but they do not see the necessary level of service

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Capital investment in the steel industry increased by 56% y/y in 2023

Investments in support and modernization of production facilities reached UAH 9.94 billion

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Ukrainian steelmakers produced 589.3 thousand tonnes of rolled steel in August

Steel production for the month amounted to 690.7 thousand tons, and pig iron – 643.6 thousand tons

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Ukraine exported goods worth over $3.16 billion in August

Iron ore export reached $201.4 million, steel semi-finished products – $99.9 million, flat rolled products – $82.4 million, steel pipes – $54.6 million

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ArcelorMittal Kryvyi Rih is among the top 10 largest wartime investors

Capital investments of enterprises during the two and a half years of war amounted to UAH 9 billion

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DMZ shipped more than 2.3 thousand tons of rolled steel to customers in August

Last month's rolled steel production was suspended, and products manufactured in past periods were subject to shipment

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Ukrainian steelmakers exported 318.3 thousand tons of long rolled products in January-July

The main volumes of products were shipped to Romania and Poland

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Demand for steel products in Ukraine slowed significantly in 2024

Consumption drivers – construction, mechanical engineering and defense industry, iron and steel dector and oil and gas production

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Ukraine exported 958.1 thousand tons of flat rolled products in January-July

During July, shipments amounted to 125.18 thousand tons

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Ukraine’s ferroalloy industry exported 39.7 thousand tons of products in January-July

Shipments of ferroalloys are gradually recovering after the restart of some capacities, but are still down 86.7% y/y

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Еhe average cost of electricity imports doubled amid restrictions on the crossing capacity by Ukrenergo on August 3-4

This situation arose amid a decrease in generation from renewable sources within the country and an increase in demand from industrial consumers for electricity imports

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Ukraine exported 1.11 million tons of semi-finished products in January-July

The main share of products was shipped to Bulgaria, Poland and Egypt

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