Ukraine’s iron and steel industry

In January-October, mining companies of Ukraine reduced shipments of ferrous metals to foreign consumers by 36.6% y/y

Steel production for the month increased by 2.5% m/m, and pig iron – by 5.3% y/y

The only participant and winner in the auction was the Kiev company Bud-Assistant

The company plans to resume work after eliminating the threat of shelling of the energy system of Ukraine

Furnaces are suspended to prepare the equipment for stable operation at the end of the heating season

At the same time, the plant does not close, but suspends production to accumulate stocks of goods and carry out repair work

The costs of Ukrainian consumers on the import of flat rolled products fell by 14.3% m/m

Ukrainian consumers' spending on the import of long-rolled goods increased by 42.2% m/m

The revenue of Ukrainian pipe exporters for the month increased by 10.6% m/m

In monetary terms, the export of such products fell by 31.8% month-on-month

In monetary terms, the export of such products increased by 30% m/m

Uncovered loss of the enterprise as of January 1, 2023, amounted to UAH 56.89 million