pig iron - Latest news GMK Center

In January-October 2022, deliveries of Ukrainian pig iron to Turkish steelmakers decreased by 43.9% year-on-year

During the month, Ukrainian steelmakers shipped 78.3 thousand tons of pig iron to foreign consumers

Pig iron smelting in November 2022 amounted to 335 thousand tons, and steel – 313 thousand tons

In January-November 2022, the plant reduced the production of rolled products by 57.5% y/y – to 1.25 million tons

In 10 months of 2022, German steelmakers reduced steel output by 6.9% y/y

During this period, the production of steel products fell by 1.4% y/y, and pig iron – by 1.2% y/y

Shipments of pig iron to foreign consumers fell by 64% in monthly and annual terms

Pig iron production in October 2022 increased by 12.6% m/m, while steel production fell by 6.4% m/m

Exports of foreign materials for the month decreased to the lowest figure since the beginning of the year – by 21% m/m

In the world ranking of iron-producing countries, Ukraine was in 14th place

In January-August 2022, supplies of Ukrainian pig iron to Turkish steelmakers decreased by 41.7% year-on-year

Production of finished steel during this period fell by 2.2% y/y, and pig iron – by 2.5% y/y