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

Almost all of the shipments consisted of Polish products

In the context of war and infrastructure destruction, this mechanism poses significant risks to Ukrainian industry

The new shaped profile expands Metinvest's product range and is expected to strengthen the company's position in the high-margin segment

Export revenue increased by 20.5% y/y

Shipments for the period did not exceed 1,000 tons, whereas in the previous year they reached 20,000 tons

Product shipments fell to 61,630 metric tons

Among the problems facing the company are energy supply and non-refundable VAT

The new solution should support stable operation of the blast furnace shop and reduce the shortage of working capital equipment

The updated IT-Enterprise system enabled the company to manage assets, logistics, and costs online

Imports accounted for 49.8% of the domestic market

The EU and the US accounted for the bulk of Ukrainian product consumption

Since the start of the war, Ukraine's direct losses have exceeded $195 billion, with total economic losses amounting to $1.7 trillion