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

The company also moved its beam operations from the port of Constanta to Varna in Bulgaria

In the summer, the company resumed operations at the Gannivsky open pit, which is already approaching its 100% capacity

Shipments decreased by 3.1% compared to October

Iron and steel production fell by 13.1% m/m and 10.4% m/m, respectively

Steel production decreased by 5.8% m/m and pig iron production – by 1.9% m/m

About 900 tons of pipes have already been delivered to energy infrastructure facilities across the country

Thanks to coordinated work, enterprises achieved an economic effect of $1.4 million in October

The plant's expenses for equipment renewal amounted to more than UAH 230 million

In particular, this includes wheeled rolling centers for locomotives and certain types of commuter electric trains

Shipments increased by 54.5% y/y

Payments increased by 2 times compared to the same period of 2023

This reduces production costs and the cost of the workpiece