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

Photo – Ukraine’s ferroalloy industry exported 77.3 ths tons of products in 2024
Ukraine’s ferroalloy industry exported 77.3 ths tons of products in 2024

Shipments of ferroalloys fell by 77.5% y/y, in particular, due to plant downtime during the first half of the year

Photo – Ukrainian steel industry peaked in 2024: what’s next?
Ukrainian steel industry peaked in 2024: what’s next?

Pig iron production reached 7.09 million tons, steel – 7.57 million tons, rolled products – 6.22 million tons

Photo – Exports of semi-finished steel products from Ukraine amounted to 1.89 million tons in 2024
Exports of semi-finished steel products from Ukraine amounted to 1.89 million tons in 2024

Shipments increased by 56.7% y/y, mainly due to the exit of domestic products to distant markets

Photo – Pig iron exports from Ukraine reached 1.29 million tons in 2024
Pig iron exports from Ukraine reached 1.29 million tons in 2024

Shipments increased by 3.4% y/y, mainly thanks to the resumption of exports to the USA

Photo – Ukrainian steelmakers produced 7.6 million tons of steel in 2024
Ukrainian steelmakers produced 7.6 million tons of steel in 2024

Production increased by 21.6% y/y, but still significantly lower than pre-war indicators

Photo – Ukraine exported 33.7 million tons of iron ore in 2024
Ukraine exported 33.7 million tons of iron ore in 2024

Shipments increased by 89.8% y/y, mainly due to the opening of the sea export corridor

Photo – Ukrainian steelmakers produced 7.1 million tons of pig iron in 2024
Ukrainian steelmakers produced 7.1 million tons of pig iron in 2024

Production increased by 18.1% y/y, but are still significantly lower than pre-war levels

Photo – Zaporizhstal increased rolled steel production by 18.3% y/y in 2024
Zaporizhstal increased rolled steel production by 18.3% y/y in 2024

Steel production increased by 17.2% m/m, and pig iron – by 14.3% m/m

Photo – ArcelorMittal Kryvyi Rih claims tax pressure through repeated inspections
ArcelorMittal Kryvyi Rih claims tax pressure through repeated inspections

The company disputes tax claims for UAH 1.35 billion and demands a transparent approach to business

Photo – Interpipe Nico Tube – the winner of the FEU Ukrainian Employers Awards
Interpipe Nico Tube – the winner of the FEU Ukrainian Employers Awards

The company has been recognized for its resilience and preservation of production in frontline Nikopol

Photo – Kametstal set up 13 new types of steel products in 2024
Kametstal set up 13 new types of steel products in 2024

The company holds the lead among Metinvest's assets in terms of the number of new products introduced

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