Ukraine is set to discuss the abolition of tariffs on metallurgical products with the US. The Ministry of Economy of Ukraine is initiating conversations with US officials about removing tariffs on Ukrainian metal products, specifically those imposed during President Trump’s administr... #CustomDuties #DonaldTrump #DutyTariff #MetallurgyUkraine #TarasKachka #UkraineExport #UkrainianMetalExport
The EU is set to extend the preferential import regime for Ukrainian metallurgical products. On May 8, the European Parliament will consider the issue of introducing a preferential regime for exports of Ukrainian steel and iron to the EU following the conclusion of the visa-free trade period ... #FreeTradeAgreement #MetallurgyUkraine #UkrainianMetalExport #VisaFreeTrade
Ukraine’s defense industry is driving demand for metal products needed in mechanical engineering by 25 to 30%. Since 2023, the Ukrainian market for metal products used in machine building has shown a gradual recovery, growing by 25 to 30% based on last year’s results. Estimates indicate that in 2024 the Ukrain... #DefenseIndustryUkraine #MachineBuilding #MetallurgyUkraine #MetalProductsMarket #UkraineEconomy
Ukraine’s reconstruction is driving the growth of the metal products market for the construction industry. The market for metal structures used in construction in Ukraine grew by 15% in 2024, reaching 91,000 tons. Last year, the construction segment in Ukraine accounted for 24% of total steel consumption, ... #ConstructionUkraine #MetallurgyUkraine #MetalProductsMarket #UkraineEconomy #UkraineReconstruction
Metallurgy’s contribution to Ukraine’s GDP increased to 7.2% last year. Industries in Ukraine’s mining and metallurgical complex (MMC) contributed 7.2% to Ukraine’s GDP in 2024, up from 5.7% in 2023. The increase in the MMC’s share resulted from a rise i... #GDPinUkraine #investments #MetallurgyUkraine #UkraineEconomy #UkrainianMetalExport
Ukraine will require significant amounts of steel for reconstruction and searches for ways to address the deficit. After the war, Ukraine will have a substantial demand for steel to rebuild its infrastructure and housing, while the market will encounter challenges – competition from foreign suppliers, the necessit... #MetalImportUkraine #MetallurgyUkraine #Metinvest #SteelUkraine #UkraineReconstruction
Ukrainian metallurgists have lost their customs privileges in the US as new Trump tariffs take effect. On March 12, a 25% import duty on steel and aluminum introduced by US President Trump came into force. This decision directly impacts Ukraine, which was previously exempt from duties on steel and stee... #DonaldTrump #ImportDuties #MetallurgyUkraine #SteelDuties #UkraineSteelExport
The EU proposes to continue duty-free imports of Ukrainian steel, while simultaneously purchasing goods from Russia. The European Commission has taken the initiative to continue supporting the Ukrainian metallurgical industry, leaving the current exemption from trade restrictions on steel imports from Ukraine to the... #DutyFreeTrade #MetallurgyUkraine #RussianSteel #SanctionsAgainstRussia #Steelexport #TradeRestriction #UkrainianSteel
The largest steel mill in Ukraine is seeking European partners for mining in the Dnipropetrovsk region. Mauro Longobardo, the CEO of ArcelorMittal Kryvyi Rih, the largest steel mill in Ukraine, stated during the On the Road to URC 2025 event in Milan, “We urge potential Italian and other European... #ArcelorMittal #Dnipropetrovsk #investments #KryvyiRih #MauroLongobardo #MetallurgyUkraine #MineralMininginUkraine #SteelProductionUkraine
Metal product imports are crowding out domestic production owing to the consequences of the war. Imports of metal products to Ukraine increased by 6.4% last year, to 1.26 million tons. More than 50% of products supplied to the Ukrainian market are produced by Turkey. This stems from the fact that... #China #MetalImportUkraine #MetallurgyUkraine #Poland #Turkey #UkraineImport
Ukraine’s mineral export revenue fell by 60% last year compared to pre-war figures. In 2024, mineral export revenue represented 8.1% of total export revenue. Reports from the Center for Economic Research and Forecasting indicate that revenue decreased by nearly 60% compared to 2021. ... #agroexportukraine #MetallurgyUkraine #MineralExport #nbu #UkraineEconomy #UkraineExport
Metinvest has boosted its ore exports, continues to invest in Ukraine, and is constructing a plant in Europe. In 2024, the Metinvest mining and metallurgical group significantly increased its total exports and sales of iron ore raw materials to over 12 million tons and notably reduced production costs, said C... #GreenMetallurgy #investments #Kametstal #MetallurgyUkraine #Metinvest #YuriyRyzhenkov
Metinvest is doubling its investment in iron ore assets and allocating a substantial amount of funds toward developing renewable energy. In 2025, Metinvest Group plans to invest ₴5.7B ($135M) in the development of the Kryvyi Rih mining and processing plants. Compared to 2024, the company will increase its investment in iron ore assets ... #EnergyIndependence #investments #IronOre #MetallurgyUkraine #Metinvest #MiningIndustry
US steel tariffs will hit Metinvest and Interpipe, with one losing $58M. The decision by the Trump administration to restore the 25% tariff on imports of Ukrainian steel products will have negative consequences for the largest players in domestic metallurgy. If the import ... #Interpipe #MetallurgyUkraine #Metinvest #SteelTariffsUS #UkraineEconomy #UkrainianSteel
Metinvest plans to invest a record amount to modernize the Kametstal plant. In 2025, mining and metallurgical group Metinvest will invest over ₴2.5B ($60M) in upgrading the Kametstal plant, established at the facilities of the Dnipro Metallurgical Combine in the Dnipropetrovs... #Dnipropetrovsk #investments #Kametstal #MetallurgyUkraine #Metinvest
A Ukrainian metallurgical giant has outlined the conditions for attracting investment in the exploration and development of minerals in Ukraine. Metinvest, the mining and metallurgical group, states that extracting and processing minerals is relatively capital-intensive, requiring investors to make substantial initial investments to develop en... #investments #MetallurgyUkraine #Metinvest #MiningIndustry #MiningInvestmentsUkraine #OleksandrVodoviz #Pokrovsk
Despite last year’s increase in production, Ukraine’s largest mining and metallurgical enterprise remained unprofitable. ArcelorMittal Kryvyi Rih significantly increased its production indicators in 2024 but could not reach a break-even level. The main problems were the war, electricity shortage, high energy prices, exp... #ArcelorMittal #MetallurgyUkraine #PigIronProduction #SteelProductionUkraine #UkrainianMetalExport
Ukraine needs security guarantees to stimulate international investment in industrial production; Metinvest introduces AI to save resources at Zaporizhstal. Yuriy Ryzhenkov, CEO of the mining and metallurgical company Metinvest, said that 2025 should be the year of recovery for the devastated Ukrainian economy, but this requires security guarantees that w... #ArtificialIntelligence #investments #MetallurgyUkraine #Metinvest #YuriyRyzhenkov #Zaporizhstal
In Ukraine, economic activity in the coal and metallurgical industries slowed down. As reported by the NBU, in December 2024 a slowdown in economic activity was observed in several sectors, primarily the coal and metallurgical industries. At the same time, investments in gas and oil ... #CoalUkraine #DanubeShipping #MetallurgyUkraine #nbu #UkraineEconomicActivity #UkraineEconomy
Ukraine can become the leading supplier of direct reduction iron to the EU and help Europe decarbonize its metallurgy. Ukraine has five billion tons of magnetite ore, the primary raw material for direct reduction iron (DRI) production, the demand for which is growing strongly in Europe. Potential commercial supplies o... #ArcelorMittal #decarbonization #ferrexpo #MagnetiteOre #MetallurgyUkraine #Metinvest
How was the Ukrainian metal trade in 2024? In January-November, Ukrainian mining enterprises increased their iron ore raw materials exports by 87.4% compared to the same period last year – to 30.25 million tons. Revenue increased by 55.8% to $... #MetallurgyUkraine #SteelProductionUkraine #Turkey #UkraineSteelExport #UkrainianMetalExport
Ukrainian enterprises are reorienting to the European market because of the war. Mauro Longobardo, CEO of metallurgical giant ArcelorMittal Kryvyi Rih, said that the company is recovering from the losses of the previous two years but has not yet broken even. In 2024, the plant los... #ArcelorMittal #CBAM #EuropeanIntegration #investments #MauroLongobardo #MetallurgyUkraine
A Ukrainian manufacturer of non-ferrous metal products launches a €19M cable production plant in Poland. One of the largest producers of non-ferrous metal products in Ukraine, Electro Cable Group, launched a cable production plant in the Polish city of Zabrze in June. The key argument in Poland’s f... #ElectroCableGroup #investments #MetallurgyUkraine #NonFerrous #Poland #ukrainianbusiness
Polish businesses want protection against Ukrainian steel imports. Polish metallurgical plants fear competition with Ukraine and demand that the domestic market be protected from Ukrainian steel. Polish steel manufacturers hope that Ukraine’s output will mainly... #GreenMetallurgy #MetallurgyUkraine #Poland #PolishBusiness #UkraineSteelExport
What are the operational threats for Ukraine’s metallurgical sector? Metallurgical enterprises in Ukraine are currently faced with three primary risks: the possible loss of coking coal production in Pokrovsk, problems with electricity supplies, and the sea corridor cea... #CokingCoal #MetallurgyUkraine #OleksandrKalenkov #Pokrovsk #Ukrmetallurgprom #Worldsteel
Despite the war, Ukraine’s industrial production increased by 8.1%. The volume of the industrial output in Ukraine in January-June 2024 increased by 8.1% compared to the same period in 2023. In June, the indicator decreased by 0.3% compared to the corresponding month ... #IndustrialProduction #MetallurgyUkraine #UkraineEconomicForecast #UkraineEconomy #UkraineExport
The loss of Pokrovsk will lead to a 50% drop in Ukraine’s steel production. If Pokrovsk is lost, steel production in Ukraine may fall by more than 50% due to a shortage of coking coal, said the head of Association of Enterprises Ukrmetalurgprom, Oleksandr Kalenkov. He noted t... #CoalUkraine #CokingCoal #MetallurgyUkraine #Pokrovsk #PokrovskeMine
Faced with falling global prices, Ukraine risks losing its share of metallurgical exports. The situation in the Ukrainian mining segment shows a significant recovery, which began after the sea corridor’s opening last year. However, due to a drop in prices on the global metallurgical market,... #MetallurgicalProduction #MetallurgyUkraine #UkrainianMetalExport
Opening Ukraine’s seaports has helped iron ore company Ferrexpo increase its net profit by 100%. Iron ore company Ferrexpo, with assets in Ukraine, increased its January-June net profit by almost 100% compared to the same period last year – up to $55.49M; total sales increased by 85%, up to 3.8 m... #ferrexpo #MetallurgyUkraine #SeaPortsUkraine #UkraineMaritimeCorridor #UkrainianMetalExport
Ukraine has risen in the global rankings of iron and steel producers, and these products occupy 35-45% of export cargo transportation. Ukraine climbed to 13th place in the ranking of the largest iron-producing countries and 21st place in the list of the largest steel producers. In the first half of the year, Ukraine produced 3.47 mil... #IronExport #MetallurgyUkraine #SteelProductionUkraine #UkrainianMetalExport #Worldsteel
Production of all major metallurgy products has increased in Ukraine. In the first half of the year, Ukrainian enterprises increased the production of cast iron by 22.3% (3.47 million tons), steel by 37% (3.87 million tons) and rolled products by 32.2% (3.14 million ton... #MetallurgyUkraine #SteelProductionUkraine #UkraineEconomy #UkraineIronProduction
