Ukraine’s iron and steel industry

metinvestholding.com
Metinvest reduced iron ore concentrate output by 17% q/q in Q2 2024

Production of coal concentrate fell by 8% q/q, and coke – by 1% q/q

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The consumption of steel products in Ukraine increased to 2.03 million tons in January-July

For 7 months, domestic steel consumption increased by 1.7% y/y

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Ukraine reduced pig iron exports by 22.6% m/m in July

In January-July, shipments of products abroad fell by 26.1% y/y

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Ukraine exported 20.8 million tons of iron ore in January-July

The main consumers of raw materials are China, Slovakia and Poland – 9.26 million tons, 3.03 million tons and 2.98 million tons, respectively

zaporizhstal.com
Ukrainian steelmakers produced 589 thousand tons of rolled steel in July

Steel production for the month amounted to 708.9 thousand tons, and pig iron – 621.4 thousand tons

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DMZ completes preparation of PC-1 for August rolling campaign

This will be the first rolling campaign in the shop in 2024

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DMZ shipped over 1.5 thousand tons of rolled products to customers in July

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

zaporizhstal.com
Zaporizhstal produced 202,000 tons of rolled steel in July

Production of pig iron amounted to 261.9 thousand tons, and steel – 250.8 thousand tons

Ferrexpo invested $55 million in production facilities in the first half of the year

Maintenance and modernization costs amounted to $19 million, and strategic development projects – $36 million

European electricity prices and their impact on the Ukrainian economy

More than 90% of steel in the EU is produced in countries with cheaper electricity than Ukraine

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Ukraine seeks help from the international community to restore steel industry

Ukrmetalurgprom proposes to create an international advisory board consisting of industry experts

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