Automotive production in Ukraine fell 58% in October

According to Ukrautoprom sectoral association, in October 2021, production of vehicles in Ukraine fell by 58% to 292 units compared to the same period a year earlier. Domestic manufacturers produced 202 passenger cars (three times fewer), 3 commercial vehicles (-25%) and 87 buses (+13%).

Production of vehicles decreased by 68% against the previous month.

In 10M, production of vehicles totaled 7,002 units, 85% up from the same period of the previous year.

The number of passenger cars produced in 10M 2021 was 6,337 units, 97% up from 10M 2020. Production of buses rose by 17% to 638 units, while production of commercial vehicles fell by 25% to 27 units.

As reported earlier, in September, Ukraine produced 909 vehicles, 64% more than in August and 6% more than in the same period of the previous year. Automotive production grew by a factor of 2.2 to 6,710 units in 9M.

  • Global Market

Electrical steel becomes a key product in China’s steel industry

Global decarbonization is turning electrical steel into one of the key products of China's ferrous…

Friday May 3, 2024
  • Global Market

UAE and Oman agree on a $32 billion green megaproject

The United Arab Emirates (UAE) and Oman have signed an investment agreement worth AED 117…

Friday May 3, 2024
  • Global Market

Germany imported 155 thousand tons of steel from third countries in January-February

In January-February 2024, Germany increased its imports of rolled steel products from third countries by…

Thursday May 2, 2024
  • Global Market

Belgium reduced steel production by 5.7% y/y in March

Belgian steelmakers reduced steel production by 5.7% in March 2024 compared to March 2023, to…

Thursday May 2, 2024
  • Companies

Ferrexpo decreased total carbon emissions by 32% in 2023

In 2023 Ferrexpo, the London listed iron ore company with assets in Ukraine, emitted 384…

Thursday May 2, 2024
  • Companies

In 2023 safety performance of Ferrexpo remained strong

In 2023 Ferrexpo, the London listed iron ore company with assets in Ukraine, recorded zero…

Wednesday May 1, 2024