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steel production - Latest news GMK Center

Photo – Metinvest cut steel production by 2% in Q1
Metinvest cut steel production by 2% in Q1

On the other hand, the Group ramped up production of iron ore concentrate in Q1

Photo – Ukrainian steelmakers cut steel production by 0.5% in January–March
Ukrainian steelmakers cut steel production by 0.5% in January–March

Conversely, production of rolled products and pig iron grew in 3M

Photo – Ukraine retained its 12th position in the ranking of the world’s largest steel producers
Ukraine retained its 12th position in the ranking of the world’s largest steel producers

Ukraine ranks 10th among the largest pig iron producers in the world

Photo – Ukraine’s mining & metals sector cut steel production by 5.3%
Ukraine’s mining & metals sector cut steel production by 5.3%

Production of pig iron and rolled products dropped in 10M

Photo – Nine Chinese companies will control 75% of steel production — SteelHome
Nine Chinese companies will control 75% of steel production — SteelHome

Consolidation will be the key driver in the Chinese steel industry

Photo – Interpipe increased production in the railway segment by 4.1% in H1
Interpipe increased production in the railway segment by 4.1% in H1

Conversely, production of steel and pipes declined

Photo – Horst Wiesinger: “Quality! That is my advice for Ukrainian steelmakers”
Horst Wiesinger: “Quality! That is my advice for Ukrainian steelmakers”

Horst Wiesinger Consulting president talked about future of European and Ukrainian steel industry

Photo – Metinvest was placed in the list of 50 top steel-producing companies
Metinvest was placed in the list of 50 top steel-producing companies

The Group was ranked 42nd by the World Steel Association

Photo – Interpipe increased production of railway products by 16.7% in January–April
Interpipe increased production of railway products by 16.7% in January–April

Steel production fell by 12.5%, while production of pipes was down by more than a third

Photo – Interpipe increased production in the railway segment by 21% in Q1
Interpipe increased production in the railway segment by 21% in Q1

Steel production fell by 2.3%, while production of pipes was down by a third

Photo – Ukrainian steel producers may cut steel production by 25% in April–May
Ukrainian steel producers may cut steel production by 25% in April–May

According to the GMK Center Chief Analyst, the sector will be able to recover to the pre-crisis state in 2021

Photo – In 2019, Metinvest increased steel production by 3%
In 2019, Metinvest increased steel production by 3%

The Group produced 7.6 million tons of metal in 2019

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