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Main Business Among the risks for the metallurgy sector is the halt of operations in the maritime corridor

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Among the risks for the metallurgy sector is the halt of operations in the maritime corridor

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Among the risks for the metallurgy sector is the halt of operations in the maritime corridor

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The head of Ukrmetallurgprom identified the main challenges for the industry as electricity supply, threats to Pokrovsk, and the maritime corridor.

Currently, Ukrainian metallurgical enterprises face three main risks: the potential loss of coking coal production in Pokrovsk due to the Russian occupation of the Pokrovsk mine management, issues with electricity supply, and the danger of halting operations in the maritime corridor due to shelling.

According to the president of the Ukrmetallurgprom association, Oleksandr Kalienkov, if the coal production enterprise is lost, it will need to be imported, increasing costs by approximately 35-40%.

Among the issues facing the mining and metallurgical complex (MMC) are rising tariffs for freight rail transport and electricity.

Additionally, operations are complicated by a lack of personnel, rising costs, military risks, and an increase in the export of strategic raw materials—scrap metal. A global challenge is the market's dependence on China for metal product pricing.

The Odessa Journal
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