Ukraine: Metallurgprom sees metal output falling in February 2016
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.
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 increased its steel output by 3.1% YoY, to 1.88 million tons. This allowed it to keep 10th position among 66 steel manufacturers, according to the World Steel Association.
In November Ukraine produced 1887 thousand tons of steel, down by 6.6%, or by 133 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.
In October Ukraine produced 999 thousand tons of steel, without continuous cast semi-finished products, down by 4.5% YoY.
In December Ukrainian metal companies will produce 2.1 million tons of steel.