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

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%

Photo – Which Ukrainian iron & steel companies operate: April 7, 2022
Which Ukrainian iron & steel companies operate: April 7, 2022

More, and more industry enterprises, and related industries are back into production which was stopped due to the war

Photo – ArcelorMittal to increase iron ore output to 500 thousand tons in April
ArcelorMittal to increase iron ore output to 500 thousand tons in April

The plant reoriented to iron ore concentrate production due to shutdown of metallurgical production

Photo – Ukrainian iron & steel companies: who continue to work
Ukrainian iron & steel companies: who continue to work

Kametstal, and most mining companies continue to operate

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