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

The negative balance of foreign trade in January-May decreased by 9.3%

In monetary terms, the export of raw materials for six months decreased by 21.1%

Transportation of ferrous metals for export in the first half of the year reached 3.7 million tons

Export of slabs and billets decreased by 60.8% in six months

Export of raw materials in physical terms decreased by 27% in six months, and increased by 2% in monetary terms

Pig iron shipments decreased by 57.1% compared to January-June 2021

Iron ore exports in monetary terms fell by 44.8% over 6 months

The war, problems with logistics and raw materials deliveries are strongly affect the steel production too

The new reality has learned Ukrainian mining & metals industry to be flexible and make quick market decisions

In April, coke production increased by 35.7%

In monetary terms, exports of steel products decreased by 44.9%

In money, meanwhile, exports grew by 58.5%