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

Photo – Ukrainian producers reduced steel production by 18% in February
Ukrainian producers reduced steel production by 18% in February

Production of pig iron fell by 20.3%, production of rolled products by 20.2%

Photo – How mining & metals companies are struggling with a shortage of specialists
How mining & metals companies are struggling with a shortage of specialists

Mining and metallurgical companies rely on the formation of a personnel reserve starting from the training bench

Photo – Profitable place: salaries in the mining & metals industry increased by 11-17% over the past year
Profitable place: salaries in the mining & metals industry increased by 11-17% over the past year

The level of salaries in the mining and metallurgical complex traditionally significantly exceeds the national average

Photo – Sizable contribution — how much and in what mining & metals companies are investing
Sizable contribution — how much and in what mining & metals companies are investing

The mining & metals sector seeks to develop production of high value-added products

Photo – Our strategy is to increase the share of high value-added products
Our strategy is to increase the share of high value-added products

Today, Interpipe can cope with virtually any grade of steel according to our clients’ needs

Photo – The future focus of investments in the mining & metals sector
The future focus of investments in the mining & metals sector

A comprehensive policy is important to reduce dependence on market factors, ensure sustainability and investments

Photo – Ukraine’s mining & metals industry invests hundreds millions hryvnias in education
Ukraine’s mining & metals industry invests hundreds millions hryvnias in education

Companies in the industry are launching their own universities and online platforms, as well as collaborating with educational institutions

Photo – Ukraine increased revenues from exports of semi-finished products by 53%
Ukraine increased revenues from exports of semi-finished products by 53%

In physical terms, shipments of this category of products, by contrast, dropped by 26.5%

Photo – Salaries in the iron and steel segment fell 3.3% in June
Salaries in the iron and steel segment fell 3.3% in June

In general, average salaries in the mining & metals sector of Ukraine increased for most positions

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

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