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

Photo – Imports of long products to Ukraine decreased by 27% m/m in February
Imports of long products to Ukraine decreased by 27% m/m in February

During the month, Ukrainian consumers imported 7.3 thousand tons of long rolled products, mainly from Turkiye

Photo – Ukraine increased imports of flat products by 22.2% y/y in February
Ukraine increased imports of flat products by 22.2% y/y in February

During the month, Ukrainian consumers imported 74.13 thousand tons of products

Photo – Ukraine exported 54 thousand tons of long products in February
Ukraine exported 54 thousand tons of long products in February

Shipments of products abroad increased by 81.1% y/y and 24.9% m/m

Photo – Ukraine exported 136.9 thousand tons of flat products in February
Ukraine exported 136.9 thousand tons of flat products in February

The shipment of products abroad increased by 3.9 times y/y and 1.9% m/m

Photo – Ukraine’s exports of ferroalloys do not exceed 0.5 thousand tons for the second month in a row
Ukraine’s exports of ferroalloys do not exceed 0.5 thousand tons for the second month in a row

During January-February, Ukrainian ferroalloyers shipped 0.54 thousand tons of products abroad

Photo – Ukraine exported 142 thousand tons of semi-finished products in February
Ukraine exported 142 thousand tons of semi-finished products in February

Export volumes decreased by 36.1% compared to the previous month

Photo – Consumption of steel products in Ukraine fell by 24.9% y/y in January-February
Consumption of steel products in Ukraine fell by 24.9% y/y in January-February

Over 2 months, the domestic market consumed 493.3 thousand tons of rolled and semi-finished products

Photo – Ukraine exported 127.6 thousand tons of pig iron in February
Ukraine exported 127.6 thousand tons of pig iron in February

The main part of the products is sent to the USA

Photo – Ukraine exported 2.55 million tons of iron ore in February
Ukraine exported 2.55 million tons of iron ore in February

Shipments decreased by 18.2% compared to January and increased by 2.1 times compared to February 2023

Photo – ArcelorMittal Kryvyi Rih increased steel production by 17% y/y in February
ArcelorMittal Kryvyi Rih increased steel production by 17% y/y in February

In February, the company's production activities were again negatively affected by Russian attacks on energy infrastructure.

Photo – Zaporizhstal exported 3.1 million tons of products over 2 years of full-scale war
Zaporizhstal exported 3.1 million tons of products over 2 years of full-scale war

During this period, 1.4 million tons of pig iron and rolled products were sold on the domestic market of Ukraine

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