According to the results of 2024, Ukraine increased its apparent steel use in crude steel equivalent by 10.9% compared to 2023, from 3.987 million tons to 4.423 million tons.
According to the annual compilation published by Worldsteel, Ukraine increased its apparent steel consumption in finished product equivalent by 5.6% compared to 2023, to 3.633 million tons from 3.439 million tons.
At the same time, Ukraine produced 7.575 million tons of steel in 2024 (6.228 million tons in 2023), and last year’s pig iron production amounted to 7.090 million tons (6.003 million tons), of which 1.235 million tons (1.248 million tons) were exported.
At the same time, steel consumption per capita reached 117 kg (106 kg/person in 2023).
On average, global apparent steel consumption (in crude steel equivalent) per capita last year was 228 kg (in 2023 – 234 kg/capita), and finished products – 96 (91) (kg/capita). At the same time, the world consumed 1 billion 750.004 million tons of steel in 2024 and 1 billion 777.949 million tons in 2023.
Last year, Ukraine mined 50.584 million tons of iron ore (in 2023 – 27.048 million tons) and exported 35.695 million tons (17.749 million tons). Scrap metal exports amounted to 288,000 tons (182,000 tons).
In 2024, Ukraine exported 511,000 tons of pipe products, in 2023 – 356,000 tons, and imported 105,000 tons (111,000 tons).
For more information on the largest steel producers and global industry trends, see the Experts Club video analysis review available on YouTube: Experts Club — Leaders of the global steel industry 1990–2024
