Business news from Ukraine

Business news from Ukraine

UKRAINE INCREASES STEEL OUTPUT BY 3.1% IN NOV, REMAINS TENTH IN WORLDSTEEL RANKING

22 December , 2015  

KYIV. Dec 22 (Interfax-Ukraine) – Ukrainian metallurgical enterprises in November 2015 increased steel production by 3.1% compared to November 2014, to 1.884 million tonnes, remaining tenth in the ranking of the 66 world’s major manufacturers of these products, compiled by the World Steel Association (Worldsteel).

A fall in steel production in November was recorded in most of the top ten countries, except for Ukraine.

The top ten steel makers in November are as follows: China (63.320 million tonnes, a drop of 1.6%), Japan (8.745 million tonnes, a drop of 4.7%), India (7.140 million tonnes, a drop of 0.2%), the United States (6.089 million tonnes, a drop of 15.6%), South Korea (5.890 million tonnes, a drop of 0.5%), Russia (5.715 million tonnes, a drop of 3.1%), Germany (3.482 million tonnes, a drop of 3.1%), Turkey (2.599 million tonnes, a drop of 7.2%), Brazil (2.548 million tonnes, a drop of 4.4%), and Ukraine (1.884 million tonnes, an increase of 3.1%).

In general, in November this year the 66 countries produced 126.826 million tonnes of steel, which is 4.1% lower than in November 2014.

In January-November 2015 the top ten steel makers included China (738.380 million tonnes, a drop of 2.2%), Japan (96.564 million tonnes, a drop of 5%), India (82.092 million tonnes, an increase of 2.8 %), the United States (73.138 million tonnes, a drop of 9.7%), Russia (65.164 million tonnes, a drop of 0.2%), South Korea (63.833 million tonnes, a drop of 2.9%), Germany (36.208 million tonnes, at the level of 11 months of 2014), Brazil (30.784 million tonnes, a drop of 1.9%), Turkey (28.808 million tonnes, a drop of 8%), and Ukraine (21.033 million tonnes, a drop of 16.8%).