Ukraine’s mining & metals sector increased steel production by 0.4%

Production however fell by 15.1% in November

According to Ukrmetallurgprom, in January–November, Ukrainian mining & metals companies increased steel production by 0.4% to 19.3 million tons, compared to the same period of the previous year.

At the same time, production of strolled products increased by 0.6% to 16.9 million tons, while production of pig iron decreased by 1.4% to 18.5 million tons, compared to the same period of 2018.

In November, Ukrainian companies cut steel production by 15.1% to 1.3 million tons, rolled products by 13.6% to 1.2 million tons, and pig iron by 12.5% to 1.4 million tons, compared to October.

Over 11 months, companies of the mining & metals sector reduced production of iron ore pellets by 1.3% to 19.2 million tons, but increased production of iron ore concentrate by 4.6% to 57.8 million tons.

Production of sinter iron ore dropped by 1.8% to 28.4 million tons, coke by 6.2% to 9.3 million tons, and pipes by 5.3% to 0.97 million tons.

In January–November, Ukraine’s mining & metals companies increased iron ore exports by 8% to 36.6 million tons, compared to the same period of the previous year.

15 out of 21 blast furnaces, 8 out of 9 open-hearth furnaces, 10 out of 16 BOFs, 5 out of 15 electric-arc furnaces, and 15 out of 15 continuous casting machines are currently in operation.

As reported earlier, in H1, Ukraine’s mining & metals sector increased production in three segments: steel production grew by 5% to 10.9 million tons, rolled products by 3.2% to 9.4 million tons, and pig iron by 0.4% to 10.2 million tons, compared to January–June 2018.