Ukraine’s iron and steel industry

DMZ shipped 3.7 thousand tons of rolled products to customers in January

The production of metallurgical coke for the month increased by 64.4% y/y

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Ukraine is rapidly approaching the status of a net importer of flat products in tons

In monetary terms, Ukraine is already a net importer: exports in 2023 amounted to $782.3 million, and imports – $1.03 billion

ArcelorMittal Kryvyi Rih in 2023 paid 4.1 billion UAH of taxes

243 million UAH went to the state budget and 2.2 billion UAH – to local budgets

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Ingulets Mining gradually increases iron ore production

To strengthen the work of the drilling site, the company repaired the equipment of the Atlas Copco PV No. 28 drilling rig

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ArcelorMittal Kryvyi Rih reduced steel production by 18.5% y/y in 2023

During the year, the steel division of the enterprise worked at 25-30% of the total capacity

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Ukrainian pipe producers reduced product exports by 11.8% y/y

The main consumers of Ukrainian-made pipes are Germany, the USA, Romania and Poland

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Ukraine exported 523.8 thousand tons of long rolled products in 2023

Shipments of products abroad decreased by 31.4% y/y

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Ukraine exported 1.2 million tons of flat rolled products in 2023

Shipments of products abroad decreased by 26.4% y/y

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Ukraine exported 344.2 thousand tons of ferroalloys in 2023

Most of the exports were directed to Poland

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The consumption of steel products in Ukraine increased by 2.2 times y/y in 2023

In 12 months, the country's domestic market consumed 3.506 million tons of rolled and semi-finished products

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Ukraine exported 1.25 million tons of pig iron in 2023

More than half of exports were sent to Poland

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