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

Nominal wages in the industry have already exceeded pre-war levels

The sector will support the Ukrainian economy in 2024 thanks to the effective operations of the “sea corridor”

The information regarding the appeal of steelmakers to the UZ with a request to cancel the auctions held at the beginning of February 2022 is invalid

Production of iron ore concentrate increased by 36% q/q

Shipments of products abroad increased by 7.6% y/y and decreased by 22.3% m/m

The shipment of products abroad increased by 87.6% y/y and decreased by 23.7% m/m

In April, shipments increased for the first time since the beginning of the year – by 209% m/m, up to 0.45 thousand tons

Export increased by 51.8% compared to the previous month

Steel production increased by 90% y/y, rolled products – by 95%, pig iron – by 12%, iron ore – by 112%, and coke – by 16%

In 4 months, the country's domestic market consumed 1.01 million tons of rolled and semi-finished products

The main part of the products is sent to the USA

In April, revenues amounted to $207.26 million