Ukraine’s iron and steel industry

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

biz.censor.net
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

rivagroup.com
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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Ukraine reduced the export of iron ore by 26% y/y in 2023

Limited logistical opportunities for export remain a restraining factor

Ukrainian steelmakers produced 5.37 million tons of rolled steel in 2023

Steel production for the year was 6.23 million tons, and pig iron – 6 million tons

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