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

In 7 months, the EU market reduced the consumption of long rolled products of Ukrainian production by 26.2% y/y

Also, an estimated 250,000 tons of iron ore were sent to customers from Ukrainian seaports in almost 2 months

In January-July, American steelmakers imported 748.4 thousand tons of pig iron from Ukraine

The capacity of the domestic market for 8 months was 2.32 million tons

Production in steel industry and production of finished steel products during the period fell by 20.9% y/y

The revenue of Ukrainian pipe exporters for the month increased by 9.2% m/m

In monetary terms, exports of such products increased 2.2 times m/m over the month

The costs of Ukrainian consumers on the import of flat rolled products increased by 29.8% m/m

The export of such products increased by 4.3% m/m in monetary terms

During the month, Ukrainian ferroalloy enterprises shipped 13 thousand tons of products abroad

A year and a half of war has not changed anything in the readiness of Polish ports for Ukrainian exports, the prospects for the growth of port shipments remain vague

The income of steelmakers from the export of slabs and billets for the month increased by 4.9% m/m