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

During the first half of the year, the company quickly returned to operation the capacities that were previously stopped

This is necessary to prevent a reduction in production and loss of competitiveness by Ukrainian exporters

The draft law adopted by the Parliament in the first reading on June 20 does not take into account the real economic situation in Ukraine and the losses of the iron and steel sector over the 2.5 years of war

Implementation of the project was a challenge for the team, but the result was worth it

Due to the uncertainty, the company is postponing the rental campaigns in both workshops

Production in steel industry and production of finished steel products increased by 32.3% y/y during the period

Most Ukrainian companies name staff shortage as one of the main problems at enterprises

Shipments of products abroad fell by 47.3% y/y and by 21.9% m/m

The shipment of products abroad increased by 23.7% y/y and 27.5% m/m

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