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

The policy for 2026 provides for resource savings and the development of own generation

The EU and the US accounted for the bulk of Ukrainian product consumption

Despite temporary export restrictions, deliveries will continue from January 1, 2026

According to last year's results, contributions to budgets at all levels from companies in the industry increased to UAH 33.1 billion

The company has mastered the production of pump and compressor pipes with PTFE Teflon rings, expanding its OCTG portfolio and strengthening its position in Europe

Steel production fell by 16.3% year-on-year during the period

The bulk of raw materials was sent to China, Slovakia, and Poland

The introduction of EU carbon tariffs during the war could cost Ukraine up to $5 billion in export losses

Contributions to the state budget amounted to 1.8 billion, to local budgets – 2.6 billion

The decline in output is linked to shelling of Ukraine's transport and energy infrastructure

Industry organizations appealed to the EU ambassador to Ukraine to soften the process of implementing the mechanism

Compared to the average monthly figure for 2025, production decreased by 12.4%