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

Photo – Ukraine saw a 55% y/y decline in long-product exports in January–April
Ukraine saw a 55% y/y decline in long-product exports in January–April

The majority of the products were shipped to EU countries

Photo – The EU steel quota will hit Ukrainian steelmakers affected by the war hard – Interpipe CEO
The EU steel quota will hit Ukrainian steelmakers affected by the war hard – Interpipe CEO

Luca Zanotti emphasized that the Ukrainian steel industry poses no threat to Europe

Photo – Ukraine reduced imports of flat steel by 11.7% y/y in January–April
Ukraine reduced imports of flat steel by 11.7% y/y in January–April

More than 50% of imports consist of coated flat-rolled products

Photo – Speed and manpower determine the industry’s resilience during wartime – Metinvest CEO
Speed and manpower determine the industry’s resilience during wartime – Metinvest CEO

Ukraine has gained significant experience at the intersection of the military and industrial sectors

Photo – Ferroalloys exports from Ukraine fell to 3,900 tons in January–April
Ferroalloys exports from Ukraine fell to 3,900 tons in January–April

A year earlier, these volumes reached 38,960 tons

Photo – Sukha Balka has commissioned a new unit with reserves of 179,500 metric tons of ore
Sukha Balka has commissioned a new unit with reserves of 179,500 metric tons of ore

The reserves in blocks 40–46 at the Yuvileina Mine are sufficient for six months of steady production

Photo – Ukraine saw a 15.7% m/m decline in exports of semi-finished products in April
Ukraine saw a 15.7% m/m decline in exports of semi-finished products in April

Over the past four months, shipments have declined by 0.4% y/y

Photo – Ukraine needs to impose a ban on the import of steel products made from Russian raw materials
Ukraine needs to impose a ban on the import of steel products made from Russian raw materials

Ukrmetallurgprom plans to resubmit the same proposal to the Ministry of Economy

Photo – Ukraine increased exports of pig iron by 11.2% y/y in January–April
Ukraine increased exports of pig iron by 11.2% y/y in January–April

The United States accounted for the bulk of Ukrainian product consumption

Photo – The steel industry is key to Ukraine’s victory in the war, – Karin Karlsbro
The steel industry is key to Ukraine’s victory in the war, – Karin Karlsbro

An MEP called on the EU to take Ukraine’s special status into account in the new steel trade regime

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