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

Photo – Ukrainian steelmakers reduced long rolled products export by 40% y/y in the first half of 2023
Ukrainian steelmakers reduced long rolled products export by 40% y/y in the first half of 2023

In 6 months, 253.4 thousand tons of long steel products were exported

Photo – KZHRK reduced sinter ore production by 31.3% m/m in January-June
KZHRK reduced sinter ore production by 31.3% m/m in January-June

The production of sinter ore in June decreased by 33.3% y/y, but remained at the level of May

Photo – Ukrainian steelmakers exported 422.5 thousand tons of flat rolled products in the first half of 2023
Ukrainian steelmakers exported 422.5 thousand tons of flat rolled products in the first half of 2023

In June, the volume of flat rolled products shipments increased by 5.6% m/m

Photo – Ukrainian ferroalloy producers reduced exports by 60% m/m in June
Ukrainian ferroalloy producers reduced exports by 60% m/m in June

During the month, Ukrainian ferroalloy enterprises shipped 19,400 tons of products abroad

Photo – Zaporizhabrasive produced 15.7 thousand tons of products in the first half of 2023
Zaporizhabrasive produced 15.7 thousand tons of products in the first half of 2023

Production of electrocorundum in January-June amounted to 5.9 thousand tons, and silicon carbide – 8.7 thousand tons

Photo – Ukraine’s steelmakers reduced the export of semi-finished products by 33% m/m in June
Ukraine’s steelmakers reduced the export of semi-finished products by 33% m/m in June

The income of steelmakers from the export of slabs and billets for the month fell by 38% m/m

Photo – Ukrainian steelmakers increased pig iron export by 75.5% m/m in June
Ukrainian steelmakers increased pig iron export by 75.5% m/m in June

During the month, Ukrainian steel companies shipped 169.3 thousand tons of pig iron to foreign consumers

Photo – Ukrainian iron and steel industry exported 1.48 million tons of iron ore in June
Ukrainian iron and steel industry exported 1.48 million tons of iron ore in June

In the first half of the year, mining companies of Ukraine shipped 8.32 million tons of ferrous metals to foreign consumers

Photo – Ukrainian steelmakers in June reduced the output of rolled products by 16.4% m/m
Ukrainian steelmakers in June reduced the output of rolled products by 16.4% m/m

Steel production for the month fell by 25% m/m, and pig iron – by 19.4% m/m

Photo – Salaries in the iron and steel complex returned to the pre-war level
Salaries in the iron and steel complex returned to the pre-war level

This year, companies in the industry are financially encouraging their employees in various ways

Photo – Projects up to UAH 8 billion: Ukrainian business is the main investor in the economy during the war
Projects up to UAH 8 billion: Ukrainian business is the main investor in the economy during the war

The second year of the war showed that Ukrainian business plans development and sees prospects

Photo – Industrial production in Ukraine for the first quarter decreased by 16.2% y/y
Industrial production in Ukraine for the first quarter decreased by 16.2% y/y

Production in steel industry and production of finished steel products fell by 49.2% in the quarter

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