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

The company expands its presence in Europe, strengthening its position in the niche market

The dynamics of wage fund increase in the industry exceeded the inflation index at the end of last year

Shipments increased by 15.4% y/y and 14.8% m/m

Shipments increased by 15.7% y/y and 28.8% m/m

The key destinations for shipments are Algeria and Poland

Key consumers include Bulgaria, Egypt and Turkey

The key export destination is the United States. A small portion was exported to the EU

Exports amounted to 3.13 million tonnes

Imports account for more than 34.7% or 103 thousand tons

Today, the main consumers are the defense industry, railway and agricultural engineering

The company produced 15.73 million tons of iron ore concentrate and 4.28 million tons of coal concentrate.

Production will last for five months, ensuring that production targets are met