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Ukraine - Latest news GMK Center

Photo – Ukrainian seaports handled 82.2 million tons of cargo in 2025
Ukrainian seaports handled 82.2 million tons of cargo in 2025

Last year, over 95% of the transshipment plan was fulfilled

Photo – How mining industry can impact Ukraine’s recovery and economic renewal
How mining industry can impact Ukraine’s recovery and economic renewal

Provided that funding is secured for a number of investment projects, Ukraine will be able to export between 20 and 25 million tons of DR pellets

Photo – China rapidly increases its share of the Ukrainian long steel market
China rapidly increases its share of the Ukrainian long steel market

Last year, Chinese products accounted for only 4.7% of the market, while by the end of 2025, this figure had risen to 22.5%.

Photo – GMK Center’s 2026 Forecast: Iron & Steel
GMK Center’s 2026 Forecast: Iron & Steel

The baseline scenario assumes neutral crude steel output dynamics

Photo – Regulator raises gas distribution tariffs for businesses for 2026
Regulator raises gas distribution tariffs for businesses for 2026

The increase will take place in stages – from January and April

Photo – GMK Center’s 2026 Forecast: Iron Ore
GMK Center’s 2026 Forecast: Iron Ore

Prices could fall by 7%, and Ukraine's exports – by 5%, excluding military risks

Photo – Ukraine imported over 1 million tons of flat rolled steel products in 11 months
Ukraine imported over 1 million tons of flat rolled steel products in 11 months

Approximately 50% of imports are flat-rolled products with coating

Photo – Iron ore exports from Ukraine may decline by 5% in 2026 – GMK Center forecast
Iron ore exports from Ukraine may decline by 5% in 2026 – GMK Center forecast

The decline in exports to China in 2026 may be partially offset by growth in shipments to the EU

Photo – ECA supported Ukrainian exports worth over UAH 10 billion in January-November
ECA supported Ukrainian exports worth over UAH 10 billion in January-November

The total amount of insured loan agreements for the period amounted to UAH 1.35 billion

Photo – The new EC proposal on CBAM does not mention an exemption for Ukraine
The new EC proposal on CBAM does not mention an exemption for Ukraine

At the same time, Ukrainian steel industry is critically dependent on exports to the EU

Photo – Ukrainian electricity prices are on par with European ones
Ukrainian electricity prices are on par with European ones

Domestic industry forced to compete on unequal terms

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