Ukraine in Q1 reduced crude steel production by 31%

In January-March 2022, metallurgical enterprises of Ukraine decreased crude steel production by 31.2% y-o-y, to 3.64 million tons.

It is shown by the preliminary data of the association Ukrmetallurgprom.

Pig iron production in Q1 decreased by 34.1%, to 3.49 million tons. Steel rolled products output fell by 34.2% to 3.12 million tons.

As GMK Center reported, scrap stocking volume in Ukraine over the period of three months decreased by 18.5% y-o-y to 520.4 thousand tons.

In 2021, Ukrainian metallurgists increased crude steel production by 3.6% y-o-y, to 21.37 million tons. Steel rolled products output increased by 3.5%, to 19.08 million tons. Pig iron production was up by 3.6%, to 21.17 million tons.

Share
Published by
Kristina Levchuk
Tags: pig iron rolled products steel production Ukrmetallurgprom Ukraine’s iron and steel industry
  • Industry

China to support a series of low-carbon demonstration projects

China's National Development and Reform Commission (NDRC) has identified the first list of low-carbon demonstration…

Monday May 6, 2024
  • Global Market

Steel demand in India to grow by 8-10% in FY2024/2025 – Tata Steel CEO

Demand for steel in India in fiscal year 2024/2025 (ending in March 2025) will grow…

Monday May 6, 2024
  • 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