Ukraine: rolled metal output down in 2015
Ukrainian metal industry is losing currency due to the metal exports decrease.
Ukrainian metal industry is losing currency due to the metal exports decrease.
In January Ukrainian metal companies increased carbon steel output by 3.4% YoY, to 1.93 million tons.
In 2015 Ukraine produced 20016 thousand tons of rolled metal, down by 15.7%, or by 3735 thousand tons YoY.
Metallurgprom believes Ukraine will produce 1.8 million tons of steel, 1.5 million tons of rolled metal and 1.8 million tons of pig iron in February.
In 2015 Ukraine produced 22.93 million tons of carbon steel, down by 16% YoY.
In November Ukraine produced 1603 thousand tons of rolled metal, down by 10.4%, or by 186 thousand tons MoM.
In 2015 Ukrainian metal companies are expected to produce 23 million tons of steel, 22 million tons of pig iron and 20 million tons of rolled metal, all down by 15%, 11% and 16% YoY respectively.
Ukraine’s steel production fell by 17% in 11 months, to 21 million tons, mostly due to the military conflict in the east of the country where most of its steel plants are based.