Business news from Ukraine

Business news from Ukraine

In June, Ukraine ranked 20th in global steel producer ranking

23 July , 2024  

In June this year, Ukrainian steelmakers increased steel production to 735 thousand tons, up 68.4% year-on-year (436 thousand tons), but down 0.4% from the previous month, when they produced 738 thousand tons.
At the same time, Ukraine took 20th place in the ranking of 71 countries that are global producers of this product, compiled by the World Steel Association (Worldsteel).
The top ten steel-producing countries in June are as follows: China (91.610 million tons, up 0.2% by June 2023), India (12.258 million tons, up 6%), Japan (7.022 million tons, down 4.2%), USA (6.659 million tons, minus 1.5%), Russian Federation (6.030 million tons, down 4.1%), South Korea (5.132 million tons, down 7.2%), Germany (3.187 million tons, up 8.9%), Turkey (3.071 million tons, up 4.3%), Brazil (2.874 million tons, up 11.8%) and Iran (2.612 million tons, down 8.5%).
In total, in June 2024, steel production increased by 0.5% compared to the same period in 2023 to 161.399 million tons.
In January-June 2014, the top ten steel producing countries were as follows: China (530.570 million tons, down 1.1% compared to January-June 2023), India (74.184 million tons, up 7.4%), Japan (42.696 million tons, down 2.6%), the United States (39.960 million tons, down 2.4%), and the Russian Federation (36.815 million tons, down 3%), South Korea (31.526 million tons, down 6.4%), Germany (19.360 million tons, up 4.5%), Turkey (18.615 million tons, up 16.9%), Iran (16.647 million tons, up 5.9%) and Brazil (16.433 million tons, up 2.4%).

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