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

A year earlier, these volumes stood at 45,000 tonnes

Over the past five months, shipments have risen by 19.2% y/y

The United States accounted for the bulk of consumption of Ukrainian products

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

The company has begun modernising the unit's equipment

CBAM and steel import quotas were designed to protect European producers, but now they risk hurting a future EU member’s industrial backbone

Almost all of the imports consisted of Polish products

The bulk of imports consists of other carbon steel bars and rods, unworked, twisted

Production for the first five months are on par with last year's levels

In May, the figure fell by 12.4% y/y

The majority of the products were shipped to EU countries

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