Business news from Ukraine

Business news from Ukraine

Ukraine in September 2022 reduced steel production by 5 times by September 2021

26 October , 2022  

Metallurgical enterprises of Ukraine in September of this year reduced steel production by five times, or by 80%, compared to the same period in 2021 – to 340 thousand tons, taking 32nd place together with the Czech Republic in the ranking of 64 countries – the world’s main manufacturers of these products, compiled by the World Steel Association (Worldsteel).
According to Worldsteel data released on Tuesday, in September 2022, a decrease in steel production was recorded by September 2021 in most countries of the top ten, except for China, India and Iran.
The top ten steel-producing countries in September are as follows: China (86.950 million tons, an increase of 17.6% compared to September 2021), India (9.873 million tons, an increase of 1.8%), Japan (7.140 million tons , “minus” 12.3%), USA (6.615 million tons, less by 7.5%), Russia (5.690 million tons, “minus” 6.8%), South Korea (4.605 million tons, “minus” 15 .4%), Germany (2.842 million tons, minus 15.4%), Iran (2.744 million tons, an increase of 26.7%), Brazil (2.743 million tons, minus 11.7%) and Turkey (2.685 million tons, less by 19.4%).
According to the results of September, Ukraine, like the Czech Republic, is in 32nd position with 340 thousand tons of steel (80% less by September 2021). In August this year, the country produced 366 thousand tons of steel, in July – 281 thousand tons of steel, in June – 295 thousand tons, in May – 308 thousand tons, in April – 281 thousand tons, in March – 200 thousand tons, in February – 1.374 million tons, in January – 1.851 million tons.
In general, in September of this year, steel production in the world increased by 3.7% compared to the same period last year – up to 151.686 million tons.
For the nine months of 2022, the top ten steel-producing countries are as follows: China (780.830 million tons, a decrease of 3.4%), India (93.275 million tons, an increase of 6.4%), Japan (67.817 million tons, a decrease by 6%), USA (61.469 million tons, minus 4.3%), Russian Federation (54.6 million tons, decrease by 6%), South Korea (50.543 million tons, minus 4.4%), Germany (28.246 million tons, minus 6%), Turkey (27.298 million tons, a decrease of 9.3%), Brazil (25.869 million tons, a decrease of 5.3%) and Iran (22.202 million tons, an increase of 9.3%). ,eight%).
Ukraine, following the results of nine months of this year, retained the 22nd place with the production of 5.526 million tons of steel (minus 66.1%).
In general, in January-September 2022, 64 countries produced 1 billion 405.185 million tons of steel, which is 4.3% less than in the same period in 2021.
As reported, for 2021, the top ten steel-producing countries looked like this: China (1 billion 32.790 million tons, a decrease of 3%), India (118.134 million tons, an increase of 17.8%), Japan (96.334 million tons, + 14.9%), USA (86.012 million tons, +18.3%), Russian Federation (75.970 million tons, +6.1%), South Korea (70.556 million tons, +5.2%), Turkey (40.360 million tons, +12.7%), Germany (40.066 million tons, +12.3%), Brazil (36.039 million tons, +14.7%) and Iran (28.460 million tons, -1.8%).
This was followed by Italy (24.4 million tons, up 19.7%), Vietnam (23.560 million tons, +4.8%), Taiwan (China, 23.250 million tons, +10.9%), Ukraine (21.366 million tons, +10.9%). tons, +3.6%) and Mexico (18.4 million tons, +9.5%).
In general, in 2021, 64 countries produced 1 billion 911.945 million tons of steel, which is 3.6% more than in 2020.