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

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

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

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

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

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

Overestimates of actual steel production capacity hindered negotiations with trading partners

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

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

The payment will be made along with the March 2026 paycheck

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

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

The majority of the products were shipped to EU countries