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

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

Shipments increased by 2% compared to March, and 2 times compared to April 2023

In 2023, Germany became the third largest importer of goods to Ukraine

Smelting of pig iron amounted to 265 thousand tons, and steel – 278.4 thousand tons