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

Ukraine does not have excess production capacity

The European Commission has acknowledged the issue regarding the use of default emission values, and it will be resolved in the near future

The overhaul of grinding circuit No. 2 is expected to improve equipment reliability and reduce fuel consumption

The company attributes the decline to an unscheduled shutdown of production facilities caused by the Russian army's attack on the region's infrastructure

New lining technology has made it possible to increase production at converter No. 2 by 1,300 charges

Production for the first four months have reached last year's level

This mechanism could paralyze an industry that is critical to the country's defense

The company transferred 889 million UAH to the state budget and 182 million UAH – to local budgets

The upgrade of the unit is expected to reduce the risk of downtime and improve the stability of steel production

The bulk of imports consists of other carbon steel bars and rods, not further worked, twisted

Upgrading key equipment should ensure the unit's stable operation and the fulfillment of production targets

The majority of the products were shipped to EU countries