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

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

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