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

Photo – Salaries of Ukrainian steelmakers increased by 15% in January
Salaries of Ukrainian steelmakers increased by 15% in January

The highest growth of 21.1% was recorded in the iron and steel segment

Photo – Ukraine retained its 12th position in the ranking of the world’s largest steel producers
Ukraine retained its 12th position in the ranking of the world’s largest steel producers

Ukraine ranks 10th among the largest pig iron producers in the world

Photo – Ukraine’s exports of ferroalloys decreased by 39% in February
Ukraine’s exports of ferroalloys decreased by 39% in February

Steelmakers reduced ferroalloys exports by 36.4% in 2M

Photo – Ukraine’s exports of pig iron increased by 15.5% in February
Ukraine’s exports of pig iron increased by 15.5% in February

In 2M 2021, steelmakers cut shipments of pig iron by 24.4%

Photo – Ukraine’s exports of iron ore grew by 3.9% in February
Ukraine’s exports of iron ore grew by 3.9% in February

Iron ore exports declined by 2% in January–February

Photo – Ukraine cut steel production by 1.1% in January–February
Ukraine cut steel production by 1.1% in January–February

On the other hand, production of rolled products and pig iron increased

Photo – Capital investments in the steel industry dropped by 52.6% in 2020
Capital investments in the steel industry dropped by 52.6% in 2020

Steelmakers invested ₴18.8 billion in production development

Photo – Ukraine cut production of rolled products by 1% in January
Ukraine cut production of rolled products by 1% in January

Production of steel also fell over the month, whereas production of pig iron on the contrary increased

Photo – Ukraine’s exports of ferroalloys in January decreased by a third
Ukraine’s exports of ferroalloys in January decreased by a third

Revenues from ferroalloys exports declined by 35.3% in January

Photo – Ukraine’s exports of pig iron fell by 43.4% in January
Ukraine’s exports of pig iron fell by 43.4% in January

Revenues from pig iron exports declined by 25.5% in January

Photo – Ukraine’s exports of iron ore fell by 6.9% in January
Ukraine’s exports of iron ore fell by 6.9% in January

In monetary terms, however, iron ore exports rose by 77.6%

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