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

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

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

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

The main volumes of products were shipped to Romania and Poland

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