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

Iron ore export reached $201.4 million, steel semi-finished products – $99.9 million, flat rolled products – $82.4 million, steel pipes – $54.6 million

Capital investments of enterprises during the two and a half years of war amounted to UAH 9 billion

Last month's rolled steel production was suspended, and products manufactured in past periods were subject to shipment

The main volumes of products were shipped to Romania and Poland

Consumption drivers – construction, mechanical engineering and defense industry, iron and steel dector and oil and gas production

During July, shipments amounted to 125.18 thousand tons

Shipments of ferroalloys are gradually recovering after the restart of some capacities, but are still down 86.7% y/y

This situation arose amid a decrease in generation from renewable sources within the country and an increase in demand from industrial consumers for electricity imports

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

Production of coal concentrate fell by 8% q/q, and coke – by 1% q/q

For 7 months, domestic steel consumption increased by 1.7% y/y

In January-July, shipments of products abroad fell by 26.1% y/y