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

The unit was launched in a record four days

Algeria, Poland and Italy account for the key supply volumes

During the period, the bulk of production was exported to Bulgaria and Turkey

The electrical equipment and control system of the unit were updated in the BOF Shop

Pig iron output grew by 7.2% y/y and steel output by 2.7% y/y

Metallurgical coke production decreased by 21.3% y/y over 3 months

Import growth was boosted by uncertainty over Trump's trade policy

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

The launch of the sea corridor contributed to the growth of production in the industry

The company was recognized for its support of employees, education development and fair remuneration system

Steel sector may lose jobs, export revenues and investments due to fiscal restrictions

Steel production increased by 4.8% q/q and pig iron production – by 5.1% q/q over the period