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

Photo – Gas consumption by Ukrainian steel companies in October was 7.2%
Gas consumption by Ukrainian steel companies in October was 7.2%

Over 10 months, an increase in gas consumption remained the same as in January–September — 1%

Photo – Ukrmetallurgprom predicts a decline in steel production by 10.5% in December
Ukrmetallurgprom predicts a decline in steel production by 10.5% in December

Pig iron production may fall by 7.21%, while production of rolled products may grow by 6.25%

Photo – Prices for mining & metals products are falling, while prices for industrial products in general are rising
Prices for mining & metals products are falling, while prices for industrial products in general are rising

In the first ten months of the current year, only iron ore prices grew, and only due to the rise of the global prices. In October, the global prices fell too

Photo – Business Expectations Index drops to 52.3
Business Expectations Index drops to 52.3

The largest drop was recorded in the industry and construction due to low expectations for order volumes

Photo – The volume of new orders in the steel industry dropped by almost 10%
The volume of new orders in the steel industry dropped by almost 10%

Conversely, the volume of orders for finished steel products is growing

Photo – The number of steel workers dropped by 1,150 people over a month
The number of steel workers dropped by 1,150 people over a month

191.7 thousand people work at companies producing steel and finished metal products

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