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

During the month, the industry exported 5.5 thousand tons of products, compared to 0.2-0.4 thousand tons in January-April

Steel production increased by 68% y/y, rolled products – by 66%, pig iron – by 15%, iron ore – by 86%, and coke – by 53%

The main volumes of production are directed to Bulgaria

The main part of the products is sent to the USA

In 5 months, the country's domestic market consumed 1.36 million tons of rolled and semi-finished products

Shipments decreased by 8% compared to April, and increased by 2 times compared to May 2023

The company has all the prerequisites for investments in capacity and is already implementing a number of modernization projects

The validity of the certificate was extended for another year, which allows the enterprise to produce rolled metal for the EU market

The production of steel for the month amounted to 738 thousand tons, and pig iron – 653.1 thousand tons

Companies implement projects that are critical for production

The share of steel sector in the amount of tax payments in Ukraine remained at the pre-war level of 3%

Pig iron production was 240,000 tons, and steel – 240,200 tons