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

During the period, Ukraine imported goods worth $33.2 billion, and exported $19.5 billion

During June, the volume of shipments amounted to 156.4 thousand tons

Shipments of ferroalloys are gradually recovering after the restart of some capacities, but are still down 91.2% y/y

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

The amount of tax payments increased by 56% y/y

In 6 months, the country's domestic market consumed 1.74 million tons of rolled and semi-finished products

The main export destinations are the USA, Italy and Poland

The main consumers of raw materials are China, Slovakia and Poland – 8.43 million tons, 2.64 million tons and 2.55 million tons, respectively

Production of metallurgical coke fell by 3.6% m/m

The export of steel products has been gradually decreasing since the beginning of the year, in particular, due to the lack of personnel and problems with energy supply

Steel production for the month amounted to 734.7 thousand tons, and pig iron – 628.6 thousand tons

Ukrainian industry will lose the last factors of competitiveness amid rules requiring the import of 80% of electricity to guarantee non-stop operation