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

Limited logistical opportunities for export remain a restraining factor

Steel production for the year was 6.23 million tons, and pig iron – 6 million tons

The production of pipes remained at the level of January-September 2022, and railway products increased by 14.1% y/y

Steel production fell by 5.1% m/m in the month, and pig iron production increased by 1% m/m

In 9 months of 2022, the company received UAH 832 million in net profit

In January-October, American steelmakers imported 871.31 thousand tons of pig iron from Ukraine

In January-October, European steelmakers reduced the import of Ukrainian iron ore by 0.4% y/y

The revenue of Ukrainian pipe exporters for the month fell by 27.7% y/y

In monetary terms, the export of such products increased by 3.2% m/m

In monetary terms, the export of such products increased by 21.2% month-on-month

During January-November, Ukrainian ferroalloy enterprises exported 342 thousand tons of products

During the month, the country's steel companies shipped 70.1 thousand semi-finished products worth $32.52 million abroad