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

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

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

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

Production increased by 15.8% y/y

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