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

Photo – Ukraine’s revenues from exports of metals jumped 67% in 7M
Ukraine’s revenues from exports of metals jumped 67% in 7M

In July, revenues from exports of ferrous metals amounted to $1.4 billion

Photo – The Ministry of Economy expects a 5% increase in Ukraine’s steel production in 2021
The Ministry of Economy expects a 5% increase in Ukraine’s steel production in 2021

Production of rolled products and pig iron will grow by 5% as well

Photo – Salaries in the mining & metals sector decreased in most segments
Salaries in the mining & metals sector decreased in most segments

Incomes of employees grew only at pipe companies

Photo – Capital investment in the steel industry dropped by 26% in Q1
Capital investment in the steel industry dropped by 26% in Q1

Steelmakers invested ₴3.4 billion in production development in Q1

Photo – Ukraine’s pig iron exports fell by 21% in April
Ukraine’s pig iron exports fell by 21% in April

Export revenues, on the other hand, increased by 37% over the month

Photo – Ukraine’s revenues from ore exports jumped by 73% in April
Ukraine’s revenues from ore exports jumped by 73% in April

In physical terms, iron ore exports fell by 16.7% over the month

Photo – Salaries in all segments of the mining & metals sector increased in March
Salaries in all segments of the mining & metals sector increased in March

The highest growth was recorded in the iron and steel segment

Photo – Ukraine’s semi-finished products exports grew by 12% in March
Ukraine’s semi-finished products exports grew by 12% in March

Steelmakers reduced semi-finished products exports by 1.8% in Q1

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