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

Photo – Kametstal completes overhaul of main air separation unit
Kametstal completes overhaul of main air separation unit

The operation of the AKAr-40/35 unit was resumed after a 50-day repair

Photo – Zaporizhkoks produced 875 thousand tons of products in 2024
Zaporizhkoks produced 875 thousand tons of products in 2024

Coke production during the period increased by 2.1% y/y

Photo – Ukraine’s steel sector is preparing for another challenging year
Ukraine’s steel sector is preparing for another challenging year

2025 promises to be a difficult year for the Ukrainian steel industry due to a combination of internal and external challenges

Photo – Veterans, youth and community support: Ukrainian iron & steel companies continue to support the country
Veterans, youth and community support: Ukrainian iron & steel companies continue to support the country

Since the beginning of the full-scale invasion, Ukrainian steel companies have been leaders in helping citizens and the country, and this work continues

Photo – Metinvest is losing competitiveness due to high tariffs of state monopolies – Vodoviz
Metinvest is losing competitiveness due to high tariffs of state monopolies – Vodoviz

Increased costs for rail transportation and electricity have already led to the shutdown of the Ingulets mining and processing plant

Photo – Prospects for iron and steel sector of Ukraine in 2025
Prospects for iron and steel sector of Ukraine in 2025

Crude steel output in 2024 exceeded expectations, but the next year output could fall by 9%, exports by 16%

Photo – Ukraine’s iron ore exports to decline by 15% in 2025
Ukraine’s iron ore exports to decline by 15% in 2025

Producers face rising costs and market volatility

Photo – Industrial production in Ukraine grew by 4.9% y/y in January-September
Industrial production in Ukraine grew by 4.9% y/y in January-September

Production in steel industry and production of finished steel products increased by 25.9% y/y during the period

Photo – Ukrainian steel industry exceeded expectations in 2024
Ukrainian steel industry exceeded expectations in 2024

Steel production increased, exports of semi-finished products and ore picked up

Photo – ArcelorMittal Kryvyi Rih will operate one blast furnace in Q12025
ArcelorMittal Kryvyi Rih will operate one blast furnace in Q12025

The enterprise is loaded at 30% steel and 70-75% mining capacities

Photo – Capital investments in the steel industry grew by 39.7% y/y in January-September
Capital investments in the steel industry grew by 39.7% y/y in January-September

Investments in support and modernization of production facilities reached UAH 8.47 billion

Photo – Ukraine’s steel exports are at risk of decline in 2025
Ukraine’s steel exports are at risk of decline in 2025

Shipments of products abroad may decrease due to new challenges in global markets

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