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

In addition, the industry's cargoes account for almost 25% of all port transshipment of export cargoes

Compared to 2023, the amount of tax payments increased by 27% y/y

Due to the pressure of a number of negative factors, the company failed to break even

The plant plans to launch the Chkalovsk Concentrator and restore open pit operations in the middle of the year

Shipments increased by 17.3% y/y

New technologies were introduced in the hot rolling shop, processes were optimized and resource consumption was reduced

Transportation of ferrous metals amounted to 5.17 million tons

Over 80% of shipments are hot-rolled flat products

Commercial production amounted to 917 thousand tons

Coke production for the year amounted to 289.1 thousand tons

The company increased tax payments by 60% despite the difficulties of wartime

Upgrading the unit will ensure stable operation for 10 years