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

Photo – Ukraine’s iron ore exports grew by 45% in June
Ukraine’s iron ore exports grew by 45% in June

In H1, Ukraine increased exports of iron ore by 16.8%

Photo – Ukraine’s steel production declined by 7.6% in H1
Ukraine’s steel production declined by 7.6% in H1

Production of pig iron and rolled products dropped as well

Photo – Average salaries in the steel industry increased by 3.5% in May
Average salaries in the steel industry increased by 3.5% in May

The highest increase in salaries was reported at non-ferrous companies, 8.1% up to ₴10.6 thousand

Photo – Ukraine reduced coke production by 9.1% in January–May
Ukraine reduced coke production by 9.1% in January–May

The reason is lower demand among steelmaking companies

Photo – Ukraine’s mining & metals sector cut steel production by 10.3%
Ukraine’s mining & metals sector cut steel production by 10.3%

Production of rolled products decreased by 16.3% over a month

Photo – Ukraine’s exports of semi-finished products fell by a third in May
Ukraine’s exports of semi-finished products fell by a third in May

Revenue from exports of iron ore decreased by 12.8% over the five months

Photo – Ukraine’s exports of iron ore fell by 17.7% in May
Ukraine’s exports of iron ore fell by 17.7% in May

Revenue from exports of iron ore increased by 5.7% over the five months

Photo – Ukraine’s mining & metals sector cut steel production by 11.1%
Ukraine’s mining & metals sector cut steel production by 11.1%

Conversely, steel production increased against April

Photo – Industrial production in Ukraine declined by 16.2% in April
Industrial production in Ukraine declined by 16.2% in April

Production of steel and finished steel products declined by 29.9%

Photo – Sales of industrial products declined by 10.3% in Q1
Sales of industrial products declined by 10.3% in Q1

Sales of pig iron, steel and ferroalloys decreased by 19.1% in 3 months

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