(c) shutterstock
In 2021, industrial production in Ukraine grew by 1.1% y-o-y. In December alone, that rate declined by 1% y-o-y, according to the State Statistics Service.
Over the year, production of steel and finished metal products increased by 5.2% against 2020, and mining of iron ores by 2.5%.
In December, the steel industry production grew by 1.6% m-o-m, and mining of iron ores by 6.5%. Compared to the same month of the previous year, the output in the steel industry rose by 1.3%, while the volumes of ore mining fell by 4.9%.
With adjustment for the effect of calendar days, industrial production in December decreased by 1.4%. Compared to November 2021, the non-adjusted indicator grew by 1.1%, whereas the seasonally adjusted indicator decreased by 0.2%.
In 2020, industrial production in Ukraine declined by 5.2% against 2019. Last year, production of steel and finished metal products decreased by 9.1%, whereas mining of iron ores by 2.4%.
In May 2025, Ukrainian steel enterprises reduced production of commercial rolled steel by 4% compared…
At the beginning of June 2025, the global scrap market demonstrates overwhelming price stability after…
The Australian-British mining group Rio Tinto has announced the official opening of its new Western…
The U.S. mechanism for cross-border carbon adjustment could raise up to $200 billion over five…
In the first quarter of 2025, steel imports to the European Union declined slightly, but…
American steelmaker Cleveland-Cliffs has officially canceled its hydrogen-based steel project in Middletown, Ohio. This is…