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

In January-July, Ukrainian mining companies reduced iron ore shipments to foreign consumers by 47.9% y/y

The production of rolled products increased by 33.6% m/m, the production of pig iron – by 10.7% m/m

2.59 thousand units of railcars with iron ore and 1 thousand units with steel products are heading towards the EU

During this period, 160.3 thousand tons seamless pipes were shipped

Ferrexpo Yeristovo Mining in Poltava region is a fundamentally new enterprise built during the independence of Ukraine

In May, deliveries of Ukrainian semi-finished products to EU countries increased by 14.2% m/m and by 35.6% y/y

The largest suppliers of products are Turkiye, Germany and Bulgaria

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

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

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

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

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