ULIA predicts a drop in limestone consumption in 2020

The Ukrainian Lime Industry Association (ULIA) predicts a drop in limestone consumption from 14.9 million tons in 2019 to 14 million tons in 2020, according to ULIA analytics.

“The steel industry as a major consumer shows a sharp slowdown in the recent months of 2019. In fact, several steelmaking companies (for example, Dniprovskyi Iron and Steel Works and Dnipro Metallurgical Plant) were completely or partially suspended,” the ULIA emphasized.

The share of the steel industry in the structure of limestone consumption is expected to decline from 66% in 2019 to 65% in 2020. The volume of limestone consumption in the mining & metals sector will decrease from 9.8 million tons to 9.1 million tons.

As reported earlier, Ukrmetallurgprom forecasts a 37% decrease in steel production in December 2019 against December of the previous year, down to 1.2 million tons. In 2019, the steel industry is expected to demonstrate the worst production results in the history of independent Ukraine.

A slowdown is also expected in industrial segments related to the mining & metals sector. Specifically, the Ukrainian Association of Founders lowered its forecast for production of cast products in 2019 from 800 to 600 thousand tons.

  • Industry

Spanish Unesid insists on strengthening protection of European steel industry

Spanish steelmakers are calling on the EU to strengthen protection for the sector and help…

Tuesday June 3, 2025
  • Global Market

Turkey updates the system of state support for investments in the steel sector

On May 31, 2025, a new presidential decree on state support for investment came into…

Tuesday June 3, 2025
  • Global Market

Canadian steel producers call for immediate response to Trump’s tariffs

On May 31, 2025, Catherine Cobden, President and CEO of the Canadian Steel Producers Association…

Tuesday June 3, 2025
  • Companies

Erdemir announces large-scale investments in green transformation by 2050

Turkish steel company Erdemir has unveiled an updated sustainability strategy, according to which it plans…

Tuesday June 3, 2025
  • Global Market

India prioritizes local steel for government projects

The Indian government has revised its local steel policy for 2025 to ensure that locally…

Monday June 2, 2025
  • Companies

Zaporizhstal increased its rolled steel output by 4.9% y/y in January-May

Zaporizhstal Iron and Steel Works increased rolled steel production by 4.9% year-on-year – to 1.098…

Monday June 2, 2025