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

Photo – Average salaries in the mining & metals sector increased in all segments
Average salaries in the mining & metals sector increased in all segments

The highest increase in salaries was recorded at iron and steel companies, 22.2% up to ₴19.7 thousand

Photo – Ukraine’s mining & metals sector cut steel production by 3.4%
Ukraine’s mining & metals sector cut steel production by 3.4%

Production of rolled products increased by 1.8% over 3 months

Photo – Ukraine’s foreign trade in goods declined by 1% in January–March
Ukraine’s foreign trade in goods declined by 1% in January–March

Ukraine’s exports of goods in Q1 remained at the same level as in Q1 2019

Photo – Ukraine’s pig iron exports grew by 11.7% in March
Ukraine’s pig iron exports grew by 11.7% in March

Revenue from pig iron exports declined by 4.3% in Q1

Photo – Ukraine’s iron ore exports grew by 11.4% in March
Ukraine’s iron ore exports grew by 11.4% in March

Revenue from iron ore exports increased by 16.7% in Q1

Photo – Ukrainian steel producers may cut steel production by 25% in April–May
Ukrainian steel producers may cut steel production by 25% in April–May

According to the GMK Center Chief Analyst, the sector will be able to recover to the pre-crisis state in 2021

Photo – Ukraine’s industrial production decline slowed down to 1.5% in February
Ukraine’s industrial production decline slowed down to 1.5% in February

Production of steel and finished steel products declined by 4.1%

Photo – Ukraine’s ore exports grew by 20.1% in January–February
Ukraine’s ore exports grew by 20.1% in January–February

China bought more than a half of Ukrainian raw materials

Photo – Ukraine’s mining & metals sector reduced steel production by 0.4%
Ukraine’s mining & metals sector reduced steel production by 0.4%

Production of rolled products increased by 7.3% over a month

Photo – Ukraine’s mining & metals sector reduced gas consumption by 2% in 2019
Ukraine’s mining & metals sector reduced gas consumption by 2% in 2019

Consumption of electricity declined by 5% over the year

Photo – Ukraine’s exports of semi-finished products fell by 4.8% in 2019
Ukraine’s exports of semi-finished products fell by 4.8% in 2019

Conversely, Ukraine’s imports of semi-finished products increased in physical terms

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