Metallurgical enterprises of Ukraine in September of this year reduced steel production by five times, or by 80%, compared to the same period in 2021 – to 340 thousand tons, taking 32nd place together with the Czech Republic in the ranking of 64 countries – the world’s main manufacturers of these products, compiled by the World Steel Association (Worldsteel).
According to Worldsteel data released on Tuesday, in September 2022, a decrease in steel production was recorded by September 2021 in most countries of the top ten, except for China, India and Iran.
The top ten steel-producing countries in September are as follows: China (86.950 million tons, an increase of 17.6% compared to September 2021), India (9.873 million tons, an increase of 1.8%), Japan (7.140 million tons , “minus” 12.3%), USA (6.615 million tons, less by 7.5%), Russia (5.690 million tons, “minus” 6.8%), South Korea (4.605 million tons, “minus” 15 .4%), Germany (2.842 million tons, minus 15.4%), Iran (2.744 million tons, an increase of 26.7%), Brazil (2.743 million tons, minus 11.7%) and Turkey (2.685 million tons, less by 19.4%).
According to the results of September, Ukraine, like the Czech Republic, is in 32nd position with 340 thousand tons of steel (80% less by September 2021). In August this year, the country produced 366 thousand tons of steel, in July – 281 thousand tons of steel, in June – 295 thousand tons, in May – 308 thousand tons, in April – 281 thousand tons, in March – 200 thousand tons, in February – 1.374 million tons, in January – 1.851 million tons.
In general, in September of this year, steel production in the world increased by 3.7% compared to the same period last year – up to 151.686 million tons.
For the nine months of 2022, the top ten steel-producing countries are as follows: China (780.830 million tons, a decrease of 3.4%), India (93.275 million tons, an increase of 6.4%), Japan (67.817 million tons, a decrease by 6%), USA (61.469 million tons, minus 4.3%), Russian Federation (54.6 million tons, decrease by 6%), South Korea (50.543 million tons, minus 4.4%), Germany (28.246 million tons, minus 6%), Turkey (27.298 million tons, a decrease of 9.3%), Brazil (25.869 million tons, a decrease of 5.3%) and Iran (22.202 million tons, an increase of 9.3%). ,eight%).
Ukraine, following the results of nine months of this year, retained the 22nd place with the production of 5.526 million tons of steel (minus 66.1%).
In general, in January-September 2022, 64 countries produced 1 billion 405.185 million tons of steel, which is 4.3% less than in the same period in 2021.
As reported, for 2021, the top ten steel-producing countries looked like this: China (1 billion 32.790 million tons, a decrease of 3%), India (118.134 million tons, an increase of 17.8%), Japan (96.334 million tons, + 14.9%), USA (86.012 million tons, +18.3%), Russian Federation (75.970 million tons, +6.1%), South Korea (70.556 million tons, +5.2%), Turkey (40.360 million tons, +12.7%), Germany (40.066 million tons, +12.3%), Brazil (36.039 million tons, +14.7%) and Iran (28.460 million tons, -1.8%).
This was followed by Italy (24.4 million tons, up 19.7%), Vietnam (23.560 million tons, +4.8%), Taiwan (China, 23.250 million tons, +10.9%), Ukraine (21.366 million tons, +10.9%). tons, +3.6%) and Mexico (18.4 million tons, +9.5%).
In general, in 2021, 64 countries produced 1 billion 911.945 million tons of steel, which is 3.6% more than in 2020.
The Club of Experts YouTube channel has released a new video announcing the events which will take place in Ukraine and in the world on October 24-30, 2022. In the new release the founder of the Club of experts Maksim Urakin and co-host Olga Levkun analyzed the main events planned for the next days.
One of the main events for Ukraine this week will be the First Parliamentary Summit of the Crimean Platform, which will be held in Zagreb, Croatia. The Ukrainian delegation will be represented by the speaker of the Verkhovna Rada Ruslan Stefanchuk. Also in the coming days is expected a number of events dedicated to the recovery and development of the Ukrainian economy, agro-industrial complex, IT-technology, science, education and other topics.
Among the world events there is also a number of conferences in the field of energy. Several events devoted to the situation at the gas market will be held in Europe, Africa and Asia. The U.S. will host the IAEA’s International Ministerial Conference on Nuclear Power in the 21st Century. Among the political events the main focus will be the appointment of a new prime minister of Great Britain, who due to the lack of competitors will be Rishi Sunak, and the second round of presidential elections in Brazil.
The main events in the world of sports in the next seven days will be the next European competition and the Mexican Grand Prix of Formula 1. Read more about the future sports events on the portal Sport.ua. You can watch the full version of the video by the link:
Subscribe to the Club of Experts channel here: – https://www.youtube.com/channel/UC4plQ0XBaoLOKPIXrb1aMGQ
The Commission for Emergency Situations of Moldova has banned cryptocurrency mining in the country, as well as the import of equipment for it.
According to the decision of the Commission on Emergency Situations, this is one of the measures taken in connection with the energy crisis.
Among other measures – the requirement for the owners of the premises to use heating devices so that the temperature in the room during working hours does not exceed 19 degrees, and outside of working hours – 15 degrees. Also, the owners of the premises will have to abandon advertising, decorative and architectural lighting, as well as turn off the fountains.
In addition, indoor escalators must be suspended from 7 am to 11 am and from 6 pm to 11 pm.
At the end of October, Moldova faced an energy crisis after Ukraine stopped exporting 30% of the electricity needed by the country, and the Moldavskaya GRES cannot supply the contracted 70% due to the reduction in gas supplies to Moldova from Gazprom. So far, urgently during the period of shortage, Moldova buys electricity from Romania.
Germany reaffirms its readiness to support Ukraine for as long as necessary, and is ready to hold an annual conference on the reconstruction of the country in 2024, Chancellor Olaf Scholz said.
“Our goal is a peaceful Ukraine that will live in prosperity,” he said at the conclusion of the International Expert Conference on the Reconstruction of Ukraine in Berlin on Tuesday.
Scholz recalled that the URC was hosted by Swiss Lugano in 2022 (and Lithuanian Vilnius in 2021), and next year it will be held in the UK.
The Prime Minister of Japan, who will take over the G7 presidency next year, Fumio Kishida, in his video address to the conference in Berlin, stressed that Ukraine will remain in the spotlight, and Japan will make efforts to set the framework for a transparent and fair process of rebuilding the country based on desires. and aspirations of its people.
Also, the President of this country, Joko Widodo, announced the important position of Ukraine on the agenda of the upcoming G20 summit in Indonesia in November. According to him, the highest priority is diplomacy for the sake of peace and the end of the war.
The head of Indonesia called for a constructive dialogue for the sake of peace at the upcoming summit, including the parties “standing on different sides”, at the same time recalling the military assistance allocated to Ukraine and the commitments made by Jakarta to restore Ukrainian hospitals.
Presidents of Ukraine and Germany Volodymyr Zelensky and Frank-Walter Steinmeier approved a joint statement in which, among other things, they agreed on patronage over ties between cities and communities in Germany and Ukraine.”
“Today, for the first time in the history of our bilateral relations, we approved a joint statement by the presidents. Among other things, it establishes the personal patronage of President Steinmeier over the process of restoring the Chernihiv region. We agreed to work together at the local level, which is especially important in the context of our decentralization. The Ukrainian-German municipal partnership network will receive presidential patronage,” Zelensky said after meeting with the German president on Tuesday in Kyiv.
He also called Germany’s contribution to Ukraine’s movement towards peace and the restoration of our territorial integrity “weighty and significant.”
“I thanked Germany for providing the modern IRIS-T air defense system. She showed herself very well in protecting our sky. This is a priority, we all feel it. I hope that in the near future we can get a few more relevant systems,” Zelensky said.
“We discussed the whole range of threats – the continuation of missile terror, the involvement of Russia in accomplices of Iran and the next manifestations of Russian nuclear blackmail. We regard these and similar Russian threats in the same way as Germany,” Zelensky stressed.
Quotes of futures for US stock indices are falling during trading on Tuesday.
The S&P 500 rose in four of the last six sessions and ended Monday at its highest level in more than a month. According to analysts, this may lead to some downward correction of the market.
In addition, in the absence of significant statistics, investors evaluate the quarterly reports of companies.
3M Co. stock quotes. (SPB: MMM) are down 3.2%. The company, which produces more than 50,000 items of various goods, increased its net profit in the third quarter by 2.7 times, but reduced revenue more than analysts expected. In addition, she worsened the annual forecast.
Raytheon Technologies (SPB: RTX) in July-September reduced its net income by 1%, the adjusted figure was higher than expected, but revenue fell short of experts’ expectations. Solutions provider for the aerospace and defense industries fell 0.4%.
Warner Bros stock price Discovery (SPB: DISCA) is down 0.2%. The media company, created last year by merging AT&T’s media arm WarnerMedia with Discovery Inc., is set to restructure operations to cut costs. The cost of this until the end of 2024 is expected to be about $4.3 billion.
Tesla (SPB: TSLA) is down 0.8%, Boeing Co. (SPB: BA) – by 0.3%, Salesforce Inc. (SPB: CRM) – by 0.2%, Apple Inc. (SPB: AAPL) – by 0.25%, Chevron Corp. (SPB: CVX) – by 0.8%.
Meanwhile, General Motors (SPB:GM) is up 3.3%. The largest American automaker increased revenue in July-September by 56%, to a record.
Shares of Halliburton Co. (SPB: HAL) rise in price by 1%. The oilfield service company increased its net profit in the third quarter by 2.3 times, revenue – by 1.4 times, both figures exceeding forecasts.
Coca Cola Co. (SPB: KO) increased its net income by 14% last quarter and raised its forecast for the current year. The price of securities of the world’s largest producer of soft drinks rises by 2.5%.
General Electric Co. (SPB: GE) in July-September received an adjusted profit worse than experts’ expectations, revenue – better. The value of the company is growing by 1.9%.
The world’s largest express delivery service, United Parcel Service (SPB: UPS), posted lower-than-expected revenue in the third quarter, but adjusted earnings and its guidance for the full year were more optimistic than expected. UPS shares rose 2.7%.
Quotations of December futures for the Standard & Poor’s 500 index by 15:10 qoq decreased by 0.47% and amounted to 3791.5 points, for the Dow Jones index – by 0.6%, to 31355 points. The price of contracts for December on the Nasdaq 100 index by this time fell by 0.24% – to 11451.5 points.
