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

Photo – Interpipe paid about UAH 4 billion in taxes in January-September
Interpipe paid about UAH 4 billion in taxes in January-September

Tax payments increased by 27% y/y compared to the same period last year.

Photo – Metinvest reduced iron ore concentrate production by 17% q/q in Q3
Metinvest reduced iron ore concentrate production by 17% q/q in Q3

Coal concentrate production increased by 14% q/q despite the proximity of the Pokrovske Coal Group to the front

Photo – Ukrainian steelmakers exported 527.4 thousand tons of long products in January-October
Ukrainian steelmakers exported 527.4 thousand tons of long products in January-October

The main volumes of products were shipped to Romania and Poland

Photo – Interpipe strengthens its position in European markets despite the war
Interpipe strengthens its position in European markets despite the war

In the summer, the company began cooperation with one of the world's largest railcar manufacturers – Greenbrier Group

Photo – Ukraine’s European integration requires reforms and business support – Metinvest
Ukraine’s European integration requires reforms and business support – Metinvest

Business emphasizes the need for preferences for Ukraine in the process of adaptation to European standards

Photo – Ukrainian steelmakers exported 1.45 million tons of flat products in January-October
Ukrainian steelmakers exported 1.45 million tons of flat products in January-October

During October, shipments amounted to 151.74 thousand tons

Photo – ANNOUNCEMENT: MININGMETALTECH 2024 conference from Metinvest Polytechnic
ANNOUNCEMENT: MININGMETALTECH 2024 conference from Metinvest Polytechnic

The key theme of the event will be the development of iron and steel industry through innovations and environmental solutions

Photo – Ukraine’s ferroalloy industry exported 66.3 thousand tons of products in January-October
Ukraine’s ferroalloy industry exported 66.3 thousand tons of products in January-October

The shipment of ferroalloys is kept at minimum levels after the restart of part of the capacities

Photo – The reservation system needs urgent improvement
The reservation system needs urgent improvement

If no changes are made to the reservation mechanism, the situation for steel industry will worsen and negatively affect the entire economy

Photo – Ukraine exported 1.67 million tons of semi-finished products in January-October
Ukraine exported 1.67 million tons of semi-finished products in January-October

The main share of products was shipped to Bulgaria, Turkey and Egypt

Photo – Ukraine reduced pig iron exports by 4.2% m/m in October
Ukraine reduced pig iron exports by 4.2% m/m in October

In January-October, the shipments abroad fell by 12.6% y/y

Photo – Ukraine will face an electricity shortage of 2500-4500 MW in winter – Longobardo
Ukraine will face an electricity shortage of 2500-4500 MW in winter – Longobardo

The company is forced to import electricity at exorbitant prices in order to sustain the main equipment

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