In November of this year, Ukrainian metallurgical companies increased steel production by 18.5% compared to the same period last year, from 541,000 tons to 641,000 tons, but decreased by 1.1% compared to the previous month (648,000 tons).
In the ranking of global producers of this product, compiled by the World Steel Association (Worldsteel), Ukraine ranked 20th among 70 countries.
According to Worldsteel, in November 2025, there was a decrease in steel production compared to November 2024 in half of the top ten countries, except for India, the US, Turkey, Iran, and Brazil.
The top ten steel-producing countries in November were as follows: China – 69.870 million tons (down 10.9% from November 2024), India – 13.713 million tons (up 10.8%), the US – 6.8 million tons (+8.5%), Japan – 6.774 million tons (-1.6%), Russia – 5.190 million tons (-6.6%), South Korea – 4.965 million tons (-4.8%), Iran – 3.356 million tons (+9.2%), Turkey – 3.312 million tons (+10%), Germany – 2.841 million tons (-2.6%), and Brazil – 2.8 million tons (+0.7%).
Overall, steel production in November this year decreased by 4.6% compared to the same period last year, to 140.130 million tons.
Based on the results of the first 11 months of this year, the top ten steel-producing countries are as follows: China – 891.670 million tons (-4% compared to January-November 2024), India – 150.062 million tons (+10.3%), the US – 75.103 million tons (+3.2%), Japan – 74.102 million tons (-3.9%), Russia – 61.774 million tons (-5%), South Korea – 56.109 million tons (-3.7%), Turkey – 34.589 million tons (+2%), Germany – 31.346 million tons (-9.3%), Brazil – 30.788 million tons (-1.5%), and Iran – 28.798 million tons (+0.1%).
Over the first 11 months of this year, Ukrainian steel companies reduced steel production by 3.1% compared to the same period last year, from 7.028 million tons to 6.813 million tons. The country ranked 21st.
Overall, global steel production in January-November 2025 decreased by 2% compared to the same period in 2024, to 1 billion 662.222 million tons.
As reported, at the end of 2024, the top ten steel-producing countries among 71 countries were as follows: China – 1 billion 5.090 million tons (-1.7%), India – 149.587 million tons (+6.3%), Japan – 84.009 million tons (-3.4%), the US – 79.452 million tons (-2.4%), Russia – 70.690 million tons (-7%), South Korea – 63.531 million tons (-4.7%), Germany – 37.234 million tons (+5.2%), Turkey – 36.893 million tons (+9.4%), Brazil – 33.741 million tons (+5.3%), and Iran – 30.952 million tons (+0.8%).
In total, 71 countries produced 1 billion 839.449 million tons of steel last year, which is 0.9% less than in 2023.
At the same time, Ukraine produced 7.575 million tons of steel in 2024, which is 21.6% higher than in 2023 (6.228 million tons). The country ranked 20th in 2024.
In 2023, China produced 1 billion 19.080 million tons (at the level of the previous year), India – 140.171 million tons (+11.8%), Japan – 86.996 million tons (-2.5%), the US – 80.664 million tons (+0.2%), Russia – 75.8 million tons (+5.6%), South Korea – 66.676 million tons (+1.3%), Germany – 35.438 million tons (-3.9%), Turkey – 33.714 million tons (-4%), Brazil – 31.869 million tons (-6.5%), and Iran – 31.139 million tons (+1.8%). In total, 71 countries produced 1 billion 849.734 million tons of steel in 2023, which is 0.1% less than in 2022.
At the same time, Ukraine produced 6.228 million tons of steel in 2023, which is 0.6% less than in 2022. The country ranked 22nd in 2023.
At the end of 2022, the top ten steel-producing countries were as follows: China – 1.013 billion tons (-2.1%), India – 124.720 million tons (+5.5%), Japan – 89.235 million tons (-7.4%), the US – 80.715 million tons (-5.9%), Russia – 71.5 million tons (-7.2%), South Korea – 65.865 million tons (-6.5%), Germany – 36.849 million tons (-8.4%), Turkey – 35.134 million tons (-12.9%), Brazil – 33.972 million tons (-5.8%), and Iran – 30.593 million tons (+8%).
Ukraine ranked 23rd in 2022 with 6.263 million tons of steel (-70.7%).
In total, 64 countries produced 1 billion 831.467 million tons of steel in 2022, which is 4.3% less than in 2021.
Earlier, the Experts Club analytical center released a video analysis of the world’s leading steel producers from 2001 to 2024 – https://youtube.com/shorts/VgUU9MEMosE?si=c5yD04gmNtJoFblB
The family of Belgian baron Alain Guillaume, who passed away in 2024, has put a centuries-old château near Paris up for sale for $22.9 million, according to The Wall Street Journal.
In the early 18th century, the Chateau de la Breteche was purchased for the needs of Louis-Alexandre de Bourbon, Count of Toulouse and legitimized son of King Louis XIV. The Guillaume family has owned it since the 1940s.
The building covers an area of about 1,500 square meters, and the grounds cover about 18 hectares. The house has 10 bedrooms and seven bathrooms.
The first floor features a series of living rooms with Chinese antique furniture, and the grand main staircase was built in the 1730s.
The plot also has a number of other buildings, a tennis court, and a swimming pool over 15 meters long.
The chateau is being sold by the French company Junot Chateaux & Patrimoine.
A rare sword from the times of Kievan Rus, accidentally found in the Zhytomyr region, was transferred to the National Museum of Ukrainian History. It is planned to be examined and transferred to the exhibition, the press service of the institution reported.
“On the eve of Christmas, our museum received an unexpected gift – (…) an ancient sword, accidentally found near Radomyshl, and two axes. This exceptional and rare sword dates back to the second half of the 10th – early 11th centuries. The Varangian guards of the Kyiv princes were armed with such swords,” the museum said in a Facebook post on Tuesday.
The artifacts found were donated to the museum by Viktor Moschenko and his daughter Natalia. It is noted that the location is also symbolic. Radomyshl is the territory of the former Drevlyans, where bloody events took place during the times of Oleg, Igor, and Olga.
The Slavic tribe of the Drevlyans lived in the Left Bank Polissya. It was an independent state with a developed economy, princely power, and fortified cities such as Iskorosten (modern Korosten), Vruchy (now Ovruch), Malyn, Mychesk, and Mykhorod (today Radomyshl).
The price of gold on the spot market hit a record high for the 50th time since the beginning of the year due to expectations of a Fed rate cut and demand for safe-haven assets.
During trading on Tuesday, the spot price of gold rose 0.7% to $4,473 per ounce. The day before, gold rose at a record pace for the month, and since the beginning of the year, it has risen 70% and shown the best annual dynamics since 1979.
Other precious metals are also rising in price: the cost of silver increased by 0.2% to $69.2 per ounce, platinum by 1.3%, and palladium by 1%.
Market participants are monitoring events surrounding Venezuela. According to media reports, last weekend the US Coast Guard attempted to intercept another oil tanker allegedly linked to the country’s shadow fleet.
“Geopolitical tensions are back on the agenda,” said Ahmad Assiri of Pepperstone Group. “These events may not have caused an immediate reaction, but they certainly increase the demand for gold as a hedge against risk.”
In addition, investors believe that the Fed will continue to lower its key rate amid a weakening labor market. Low interest rates are a positive factor for gold prices, as they increase the relative attractiveness of investments in precious metals, which do not generate interest income.
Goldman Sachs analysts predict that in 2026, gold will rise to $4,900 per ounce in the base scenario.
The property of Novokakhovsky processed cheese factory LLC (Kherson region), which is in the process of bankruptcy, has been put up for auction with a starting price of UAH 4.91 million, according to the Ukrainian Universal Exchange.
According to the information provided by the resource, one lot has been put up for auction, which includes 17 items of movable property: food industry equipment, in particular, packaging machines of various years of manufacture, a separator, clip machines, a vacuum packaging machine, installations for melting food raw materials and cheese, as well as motor vehicles – three Jungheinrich and Goodsense forklifts.
The auction will be conducted according to the English model (with a gradual increase in bids – IF-U) with a step of 1% of the starting price. To participate, a 10% security deposit must be paid.
The customer of the auction is the arbitration manager and liquidator of the enterprise, acting on the basis of the decision of the Economic Court of the Kherson Region dated December 9, 2021. At the same time, the debtor’s property is pledged to ProCredit Bank JSC.
The plant’s property is located in a war zone. The liquidator has warned that he cannot guarantee the safe inspection or preservation of the equipment until it is transferred to the buyer.
Applications to participate in the auction will be accepted until January 6. The auction is scheduled for January 7, 2026.
According to the Serbian Economist, Bulgaria has started accepting applications for a long-term stay permit on the basis of “digital nomad” – the relevant changes to the by-laws came into force on December 20, 2025.
As Bulgarian Telegraphic Agency reported, the introduction of the procedure for issuing such a permit is intended to create a clear procedure for foreigners who want to live in the country and work remotely without a relationship with a local employer, as well as to bring economic benefits by attracting specialists in innovation, high technology and creative industries.
Upon initial application or renewal of the permit, the applicant must, inter alia, prove an average annual income of at least 50 minimum monthly salaries for the previous calendar year and provide documents proving remote employment – an employment contract with the employer or contract(s) for remote services and recommendations from the customer(s), and the work or services must not be provided to persons and companies in Bulgaria.
Bulgarian legislation defines three categories of “digital nomads”: employees of an employer outside the EU/EEA/Switzerland; owners/shareholders (with a share of more than 25%) or management of companies registered outside the EU/EEA/Switzerland; and persons who have provided remote services for at least one year prior to the application, provided there is no employment on the Bulgarian market. The permit is valid for one year, renewable for another year; the procedure usually involves obtaining a D visa and subsequent regularization in Bulgaria.
https://t.me/relocationrs/1988
