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

Photo – Kametstal has completed a major overhaul of Converter No. 2
Kametstal has completed a major overhaul of Converter No. 2

The 2026 major overhaul program began with the replacement of 860 tons of refractory materials and the refurbishment of key components of the unit

Photo – Challenges in verifying emissions for reporting under the CBAM
Challenges in verifying emissions for reporting under the CBAM

The uncertainty surrounding procedures related to the accreditation of professionals outside the EU poses significant financial risks for exporters and requires urgent decisions at the level of the Ukrainian government and the European Commission

Photo – Ukraine reduced iron ore exports by 33.9% y/y in Q1
Ukraine reduced iron ore exports by 33.9% y/y in Q1

The majority of the raw materials was shipped to China, Slovakia, and Poland

Photo – The first few months of CBAM implementation have already had a negative impact on the Ukrainian steel industry
The first few months of CBAM implementation have already had a negative impact on the Ukrainian steel industry

In the first quarter alone, Ukrainian steelmakers lost more than 1.1 million tons of export orders for steel products

Photo – Kysilevsky supported keeping scrap in Ukraine amid the negative CBAM impact
Kysilevsky supported keeping scrap in Ukraine amid the negative CBAM impact

The MP stated that scrap is a strategic raw material for decarbonization, and that the CBAM is already putting pressure on Ukrainian exports

Photo – Overestimates of actual steel production capacity hindered negotiations with trading partners
Overestimates of actual steel production capacity hindered negotiations with trading partners

Overestimates of actual steel production capacity hindered negotiations with trading partners

Photo – Zaporizhstal increased steel production by 32.2% m/m in March
Zaporizhstal increased steel production by 32.2% m/m in March

Compared to the monthly average for 2025, production increased by 11.4%

Photo – The impact of the CBAM on iron and steel sector and the Ukrainian economy
The impact of the CBAM on iron and steel sector and the Ukrainian economy

The hardest hit will be the long products and billets sectors, while risks for flat products will rise sharply after 2029

Photo – Zaporizhstal allocated 9.8 million UAH for the repair of hot rolling mills
Zaporizhstal allocated 9.8 million UAH for the repair of hot rolling mills

The plant has completed the first phase of the major overhaul of the «Slabing 1150» and BTLS-1680 ahead of schedule

Photo – Ukraine increased imports of long steel products by 2.6 times y/y in January–February
Ukraine increased imports of long steel products by 2.6 times y/y in January–February

The majority of imports consists of hot-rolled carbon steel bars and billets in coils

Photo – Ukraine reduced exports of long steel products by 64.4% y/y in January–February
Ukraine reduced exports of long steel products by 64.4% y/y in January–February

The majority of the products were shipped to EU countries

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