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

Photo – In January-June, Ukraine exported 1.4 million tons of semi-finished products
In January-June, Ukraine exported 1.4 million tons of semi-finished products

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

Photo – Ukraine exported 233 thousand tons of ferroalloys in January-June
Ukraine exported 233 thousand tons of ferroalloys in January-June

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

Photo – Ukrainian steelmakers exported 634 thousand tons of pig iron in Н1 2022
Ukrainian steelmakers exported 634 thousand tons of pig iron in Н1 2022

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

Photo – Ukraine reduced iron ore exports by 24% in the first half of 2022
Ukraine reduced iron ore exports by 24% in the first half of 2022

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

Photo – The end of hopes: steel production in Ukraine to fall because of low prices
The end of hopes: steel production in Ukraine to fall because of low prices

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

Photo – Deglobalization and regionalization: global trend of the world economy
Deglobalization and regionalization: global trend of the world economy

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

Photo – Ukraine reduced the coke production by 41% in January-April
Ukraine reduced the coke production by 41% in January-April

In April, coke production increased by 35.7%

Photo – Ukrainian steelmakers reduced semi-finished exports by 55% in 4 months
Ukrainian steelmakers reduced semi-finished exports by 55% in 4 months

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

Photo – Steel support: how mining & metals companies help Ukraine during the war
Steel support: how mining & metals companies help Ukraine during the war

Humanitarian aid to Ukrainian companies in the mining & metals complex has reached more than $87 million

Photo – GMK Center finished Ukrainian economy during the war research series
GMK Center finished Ukrainian economy during the war research series

Our analysts described the negative consequences of the war in various sectors of the economy

Photo – Ukraine in Q1 reduced crude steel production by 31%
Ukraine in Q1 reduced crude steel production by 31%

Pig iron production fell by 34.1% in three months, and steel rolled products – by 34.2%

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