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

Photo – Ukraine reduced coke production by 6.8% in January–September
Ukraine reduced coke production by 6.8% in January–September

Coke plants have sufficient coal stocks

Photo – Ukrainian steelmakers cut steel production by 5.5% in September
Ukrainian steelmakers cut steel production by 5.5% in September

In the first nine months of 2020, production of rolled products and pig iron decreased as well

Photo – Ukraine’s iron ore exports grew by 26% in September
Ukraine’s iron ore exports grew by 26% in September

Exports of iron ore grew by 14.2% in nine months

Photo – Ukraine reduced coke production by 6% in January–August
Ukraine reduced coke production by 6% in January–August

Consumer demand remains rather low

Photo – Ukraine’s exports of semi-finished products grew by 43.1% in August
Ukraine’s exports of semi-finished products grew by 43.1% in August

Export revenue fell by 10.6% in eight months

Photo – Ukraine’s exports of pig iron almost doubled in August
Ukraine’s exports of pig iron almost doubled in August

In eight months, exports of pig iron of steelmaking companies grew by 30.7%

Photo – Ukraine’s exports of iron ore fell by 5.7% in August
Ukraine’s exports of iron ore fell by 5.7% in August

Exports of iron ore grew by 12.8% in eight months

Photo – Salaries in the mining & metals sector of Ukraine increased for most positions in July
Salaries in the mining & metals sector of Ukraine increased for most positions in July

The highest increase in salaries was reported at mining companies, 13.7%

Photo – Imports of coking coals fell by 12% in January–July
Imports of coking coals fell by 12% in January–July

Ukrainian companies cut coke imports by 91% in seven months

Photo – Ukraine reduced coke production by 6% in January–July
Ukraine reduced coke production by 6% in January–July

A demand among steelmaking companies is still not high enough

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