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

Photo – Kametstal starts upgrading key equipment at BOF vessel No. 2
Kametstal starts upgrading key equipment at BOF vessel No. 2

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

Photo – Metinvest has allocated UAH 9.3 billion to support Ukraine since the beginning of the war
Metinvest has allocated UAH 9.3 billion to support Ukraine since the beginning of the war

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

Photo – Ukraine reduced rolled steel production by 11.8% y/y in May
Ukraine reduced rolled steel production by 11.8% y/y in May

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

Photo – Metinvest is transforming its business according to ESG principles to operate in the EU market
Metinvest is transforming its business according to ESG principles to operate in the EU market

Transparency, social responsibility and reporting become the basis of the company's strategy

Photo – ArcelorMittal Kryvyi Rih produced a record 70 heats in a series at CCM №2
ArcelorMittal Kryvyi Rih produced a record 70 heats in a series at CCM №2

This became possible due to teamwork and technical innovations in the BOF Shop

Photo – Interpipe starts supplying casing for the Italian salt industry
Interpipe starts supplying casing for the Italian salt industry

The company manufactures products for drilling in the difficult conditions of Tuscan salt mines

Photo – Interpipe increased pipe sales by 32% y/y in 2024
Interpipe increased pipe sales by 32% y/y in 2024

Sales of railway products increased by 21% y/y

Photo – Currency restrictions are a key obstacle to investment – Vodoviz
Currency restrictions are a key obstacle to investment – Vodoviz

Head of Metinvest CEO's office says that without capital inflows, economic sustainability is at risk

Photo – Zaporizhstal increased its rolled steel output by 4.9% y/y in January-May
Zaporizhstal increased its rolled steel output by 4.9% y/y in January-May

Steel production grew by 3.8% yoy and pig iron production – by 10.8% y/y over the period

Photo – Capital investments in Ukraine’s steel sector grew to UAH 3.95 bln in Q1
Capital investments in Ukraine’s steel sector grew to UAH 3.95 bln in Q1

Investments in the maintenance and modernization of mining production facilities amounted to UAH 13.07 billion

Photo – Staff shortage in steel sector is getting worse
Staff shortage in steel sector is getting worse

The companies in the industry faced the threat of partial shutdown due to the lack of manpower

Photo – Zaporizhstal outlined the current needs of the Ukrainian iron and steel industry
Zaporizhstal outlined the current needs of the Ukrainian iron and steel industry

Among the pressing issues are the postponement of the CBAM, restrictions on scrap exports, and railroad tariffs

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