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

Photo – Ukraine reduced iron ore exports by 21.4% m/m in February
Ukraine reduced iron ore exports by 21.4% m/m in February

In January-February, shipments decreased by 1.2% y/y

Photo – Metinvest to invest UAH 1.4 billion in gas and solar power plants in 2025
Metinvest to invest UAH 1.4 billion in gas and solar power plants in 2025

The company will invest in energy independence of Kryvyi Rih mining and processing plants

Photo – KZHRK puts most of its employees on idle until April
KZHRK puts most of its employees on idle until April

The company has problems with sales and electricity payments

Photo – Metinvest becomes Ukraine’s largest exporter in 2024 according to Forbes
Metinvest becomes Ukraine’s largest exporter in 2024 according to Forbes

The company generated $3.9 billion in exports, selling products in more than 50 countries

Photo – Ukraine increased rolled steel production by 6.6% y/y in February
Ukraine increased rolled steel production by 6.6% y/y in February

Pig iron output grew by 9.8% y/y and steel output by 7.5% y/y

Photo – Challenges in providing staff for iron & steel companies during the war
Challenges in providing staff for iron & steel companies during the war

Despite the difficult situation in the country and the crisis in the global steel market, Ukrainian companies are gradually raising salaries

Photo – Capital investments in the Ukrainian steel industry increased by 46% y/y in 2024
Capital investments in the Ukrainian steel industry increased by 46% y/y in 2024

Investments in the maintenance and modernization of production facilities amounted to UAH 14.51 billion

Photo – Zaporizhstal invested UAH 938 million in production facilities in 2024
Zaporizhstal invested UAH 938 million in production facilities in 2024

In 2025, investments are expected to increase to UAH 1.1 billion

Photo – DMZ resumes export deliveries of rolled products after a long break
DMZ resumes export deliveries of rolled products after a long break

Since the beginning of the year, the company has produced more than 7 thousand tons of products, some of which have been shipped abroad

Photo – The number of employees at iron & steel enterprises in 2024 decreased by 7%
The number of employees at iron & steel enterprises in 2024 decreased by 7%

The number of workers in the industry is declining due to mobilization, external and internal migration

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