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

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

In January-March, the domestic market of the country consumed 610.4 thousand tons of steel products

The company plans to approach 50% utilization of steel capacities in the near future

Exports decreased by 38.7% compared to the previous month