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

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

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

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

Producers face rising costs and market volatility

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

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

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

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

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

Despite the challenges of wartime, Central Mining demonstrates stable development and achievements

The main volumes of products were shipped to Romania and Poland

Rising costs and falling prices in the global market made Zavalivsky graphite unprofitable