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

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

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

During October, shipments amounted to 151.74 thousand tons

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

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

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

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

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

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

Shipments recovered after reaching the lowest since the beginning of the year in September

Production fell to an annual minimum

This was facilitated by the partial restart of ferroalloy plants in Ukraine