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

During this period, most of the products were exported to Bulgaria, Turkey, and Poland

The main volumes of supplies went to Algeria, Poland, and Turkey

The EU and the US accounted for the bulk of Ukrainian product consumption

Key volumes of raw materials were sent to China, Slovakia, and Poland

250 tons of seamless pipes will be used in the construction of a wind farm in La Manche

The utilization rates of individual companies in the industry vary significantly depending on the situation at the plants and sales markets

High logistics costs in addition to rising energy prices and tariffs lead to losses for companies in the industry

Currently, companies are operating at a loss, and the prospects for profitability seem distant

Key influencing factors include geopolitics, tariffs, and logistics

Basic sectors of the economy need not subsidies, but a systemic policy that takes into account the interests of both energy producers and consumers

Pig iron production amounted to 4.36 million tons, and steel production – 4.27 million tons

Pig iron production fell by 11%, steel production – by 13%. Production of iron ore concentrate decreased by 13%, and coal concentrate – by 53%