Ukraine retained its 12th position in the ranking of top 64 largest steel producing countries in 2M 2021. In January–February, Ukrainian steelmaking companies reduced production of steel by 1.1% to 3.51 million tons compared to the same period of the previous year, according to Ukrmetallurgprom citing the World Steel Association.
In January–February 2021, Ukraine ramped up pig iron production by 4.5% to 3.51 million tons y-o-y, which brought the country the 10th position in the ranking of the world’s largest pig iron producers.
In February 2021, the global steel production increased by 4.1% to 150.2 million tons against February 2020.
The top 3 steel producing countries, according to the World Steel, includes:
As reported earlier, in 2020, the global steel production declined by 0.9% to 1.864 billion tons against 2019. In the same year, Ukraine reduced steel production by 1.1% to 20.6 million tons and took the 11th position in the ranking of top 64 largest steel producing countries in the world.
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