Ukraine fell to 25th place in the global rating of steel production in 2022

During the year, Ukrainian steelmakers produced 6.26 million tons of steel

In 2022, Ukraine fell to the 25th place in the global rating of 64 steel-producing countries. This is evidenced by World Steel Association’s data. In 2021, the country took 14th place.

In 2022, Ukrainian steelmakers reduced steel output by 70.7% compared to 2021 – to 6.26 million tons.

In 2022, world steel production decreased by 4.3% compared to the same period in 2021 – to 1.831 billion tons. The top five producing countries in 2022, according to World Steel:

• China – 1.013 billion tons (-2.1% compared to 2021);
• India – 124.7 million tons (+5.5%);
• Japan – 89.2 million tons (-7.4%);
• USA – 80.7 million tons (-5.9%);
• Russia – 71.5 million tons (-7.2).

As GMK Center reported earlier, in 2021, global steel production increased by 3.7% compared to 2020  – up to 1.95 billion tons. In 2021, Ukraine increased steel production by 3.6% compared to the previous year – up to 21.4 million tons.