According to the recent data published by the World Steel Association (World Steel), the crude steel production by Commonwealth of Independent States (CIS) declined by 6.0% during the month of February YoY.
Steel production in Ukraine, hit by a separatist conflict in the East, fell by 29%, to 3.46 million tons in the first two months of 2015 compared with the same period last year.
In January-February Ukrainian metal companies produced 3.46 million tons of carbon steel, down by 29% YoY.
In January Ukrainian metal companies produced 1.87 million tons of carbon steel, down by 25.2% YoY.
In January Ukrainian metal companies produced 1.87 million tons of carbon steel, down by 25.2% YoY.
In 2014 steel output in Ukraine decreased by 16.9%, or by 5508 thousand tons, to 27161 thousand tons, YoY.
Ukraine in December 2014 saw a 28.5% decline in steel output YoY, to 1.903 million tons, being the 11th in the rating compiled by the World Steel Association (Worldsteel) of the 65 main steel producing nations.
According to the World Steel Association, in December 2014 Ukraine went up to 11th position in the leading world steel manufacturers rating, leaving behind Italy that fell to the 13th place.