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

The company has problems with sales and electricity payments

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

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

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

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

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

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

Shipments increased for all items except ferroalloys

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

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