In May Donetsk region decreased pig iron output by 21.7% YoY, steel – by 18.4% and rolled metal – by 24.9%.
Pig iron output in January-May dropped by 13.5% YoY, to 3.4 million tons, steel – by 6.4%, to 3.5 million tons, and rolled metal – by 7.9%, to 1.9 million tons.
Despite the decrease in output, metal industry is still an important part of the regional economy. In 5 months metal companies sold 46.7 billion UAH worth of products, or 46.6% of the total sales in the region and 31.3% of the total metal sales in Ukraine. Ferrous metals exports earned $1.3 billion, up by 55.9% YoY. Ferrous metals exports to Italy increased 1.8-fold, to Russia – 1.9-fold, to USA – 2.9-fold, while to Turkey dropped by 12%.
In Q1 metal companies invested 427.6 million UAH into development, or 32.7% of the total investments in the industry.
In May regional metal companies employed 35 thousand people, their average salary being 9.2 thousand UAH, up by 18% YoY. (Ukrainian metal)
