Ukrainian steelmakers reduced steel production by 0.9% y-o-y in November to 541 thousand tons from 546 thousand tons and by 10.4% y-o-y to 604 thousand tons in the previous month.
At the same time, Ukraine was ranked 24th among 71 countries in the ranking of global producers of these products by the World Steel Association (Worldsteel).
In 11 months of 2024, Ukraine produced 7.028 million tons of steel, up 23.1% from January-November 2023. The country is ranked 20th in the first 11 months of 2014.
At the same time, Ukraine produced 6.228 million tons of steel in 2023, which is 0.6% lower than in 2022. The country was ranked 22nd in 2023.
In 2022, Ukraine ranked 23rd with 6.263 million tons of steel produced (-70.7%).
