Ukrainian steelmakers cut pig iron production by 8.6% in October

Steel production also went down, while the segment of rolled products saw an increase

In October 2021, mining & metals companies of Ukraine decreased pig iron production by 8.6% to 1.56 million tons y-o-y, according to the updated statistics of Ukrmetallurgprom.

Steel production fell by 3.1% to 1.6 million tons, while rolled products production grew by 1.8% to 1.49 million tons.

In 9M, Ukrainian steel producers increased pig iron production by 4.9% to $17.7 million y-o-y. Steel production grew by 5.4% to 17.9 million tons, and pig iron production by 5.3% to 16 million tons.

As reported earlier, in 2020, companies of Ukraine’s mining & metals sector decreased steel production by 1.1% to 20.62 million tons y-o-y. Production of rolled products in 2020 grew by 1.2% to 18.43 million tons, and pig iron by 1.8% to 20.42 million tons.