Ukraine’s iron and steel industry
Ukraine exported 87 thousand tons of semi-finished products in March

Exports decreased by 38.7% compared to the previous month

Problems with energy supplies did not lead to lower production in steel industry

Due to the risks of new strikes on the energy infrastructure, no one can guarantee the stability of power supply
Ukraine exported 92.4 thousand tons of pig iron in March

The main part of the products is sent to the USA
Ukraine exported 3.34 million tons of iron ore in March

Shipments increased by 31.1% compared to February, and by 2.2 times compared to March 2023
ArcelorMittal will pay remuneration to employees based on the results of 2023

Workers will receive a payment in the amount of 50% of the average monthly wage for the time actually worked in 2023

Challenges for Ukrainian iron and steel industry in 2024

Supporting export potential, staffing and ramping up production remain the main issues for Ukrainian steel sector

Ukrainian steelmakers increased rolled steel output by 9.3% m/m in March

Steel production increased by 14.9% m/m and pig iron production – by 8.6% m/m
ArcelorMittal Kryvyi Rih completes repair of blast furnace No. 6

The extended repair of the second category lasted 296 days and took place in difficult military conditions
Metinvest Polytechnic graduated its first specialists

143 masters received diplomas that enable them to work at any enterprise in the world
Metinvest expects tax payments to increase to UAH 4 billion in Q1

The company emphasizes the need to address key issues of Ukrainian taxation, including tax consolidation
Industrial production in Ukraine grew by 5.9% y/y in 2023

Steel industry production and finished steel products increased by 8% y/y over the period
DMZ cut rolled steel production by 41% y/y in March

Production of metallurgical coke increased by 52%

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