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

Key volumes of supplies go to Algeria, Poland, and Turkey

Steel production grew by 5.3% y/y during the period, while pig iron production increased by 12.8% y/y

Without market prices for energy resources, the company will be on the verge of closure, and tens of thousands of people will be out of work

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

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

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

The company allocated $170 million to environmental protection and increased investment in energy efficiency by more than 50%

Since the start of the full-scale invasion, the company has already repaid two series of bonds for almost $600 million

Customers can track production and delivery, upload documents, and manage orders

Specialists replace a special gearbox, upgrade drive gearboxes and cable networks in the shop

The company helps the army, restores regions, invests in energy independence and supports veterans

Pig iron production fell by 1.3% y/y and steel production – by 13.8% y/y