Tel : 0086-0371-86172891
Tel : 0086-0371-86172891
Currently, two-thirds of Metinvest Group's S500M Grade L steel products are exported through seaports, while only 25-30% of exports are directly shipped to other countries by rail. Previously, Metinvest worked at 35-40% capacity because we could only export to Romania by rail and land. Now, two-thirds of exports pass through Ukraine's Black Sea ports again, and mining companies' production capacity has reached 80%. Currently, Ukrainian steel companies are losing their competitive advantage in the global S500M Grade L steel market, particularly due to increased logistics costs, energy supply issues, and rising electricity prices. It is reported that the Ukrainian railway company plans to increase tariffs on ore and coal transported by railway by 19%, and on coke by 12% (including increased tariffs on freight and air flights). Logistics currently accounts for 40% of Metinvest's production costs, so the further increase in railway freight S500M Grade L steel rates will reduce its competitive advantage.
