In March pig iron output decreased by 23.3%, steel semi-finished products – by 35.2%, ferrous rolled metal – by 8.4%, all YoY.

Steel semis are one of the most popular export products in Ukraine. Pig iron is also often exported to US and Italy.

Steel output increased by 9%. Coal mining dropped by 17.7% YoY.

None expected the decrease in iron ore output (by 23%). This is the direct loss for Ukrainian industry.

All in all, industry decrease after the blockade is not that critical. (Ukrainian metal)

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