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

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

Steel production for the month increased by 17% m/m, and pig iron – by 10.9% m/m

By resuming exports by sea, the company managed to increase exports and expand their geography

The salaries of production personnel will increase by 5-20%, and by up to 25% – for the most scarce professions

The amount of payments to the budget of Ukraine has almost doubled

They will provide raw materials to increase blast furnace production

Shipments of products abroad increased by 13.4% y/y and decreased by 7.1% m/m

The shipment of products abroad increased by 2.5 times y/y and 8.2% m/m

Currently, the enterprise already operates a 5 MW SPP

In March, shipments fell to a record low of 0.01 thousand tons