Business news from Ukraine

LARGEST UKRAINIAN MINING HOLDING METINVEST CLIMBS TO 42ND PLACE AMONG GLOBAL STEEL PRODUCERS IN 2021

Metinvest, the largest Ukrainian mining and metallurgical holding, ranked 42nd in the list of the world’s top steel-producing companies in 2021 with a volume of 11.48 million tonnes compared to 45th place in 2020, when it produced 10.16 million tonnes.
According to the annual publicationfrom the World Steel Association (Worldsteel), China Baowu Group became the largest steel company at the end of last year with 119.95 million tonnes (in 2020 it was 115.29 million tonnes), ArcelorMittal with 79.26 million tonnes (in 2020 – 78.46 million tonnes) is in second place.
They are followed by Ansteel Group with 55.65 million tonnes, Nippon Steel with 49.46 million tonnes (41.58 million tonnes) and Shagang Group with 44.23 million tonnes (41.59 million tonnes).
There are no Ukrainian companies in the list of the 50 top steel-producing companies at the end of 2021, as well as at the end of 2014-2020, except for Metinvest.
Among Russian companies, NLMK was 21st with 17.29 million tonnes (at the end of 2020 it was in 22nd place with 15.75 million tonnes), Magnitogorsk Iron and Steel Works was 32nd with 13.59 million tonnes (37th with 11 .57 million tonnes), Evraz group was in 34th place with 13.57 million tonnes (30th place with 13.63 million tonnes), Severstal was 40th with 11.65 million tonnes (40th place with 11.31 million tonnes).
According to Worldsteel, Ukraine produced 21.4 million tonnes of steel in 2021 and was 14th among major steel-producing countries (in 2020 it was 12th place with 20.6 million tonnes), the volume of pig iron production amounted to 21.2 million tonnes (20. 4 million tonnes), while last year the country exported 3.2 million tonnes (3.1 million tonnes) of pig iron, the apparent consumption of pig iron in Ukraine amounted to 17.9 million tonnes (17.3 million tonnes). Apparent steel use in Ukraine in 2021 amounted to 4.8 million tonnes (4.6 million tonnes in 2020), while use per capita reached 110.3 kg (in 2020 it was 105.2 kg per capita).
On average, in the world in 2021, the apparent use of steel amounted to 232.8 kg per capita. (229 kg per capita), the best indicators are in South Korea 1075.6 kg per capita. (955 kg per capita), Taiwan 885.6 kgper capita (789 kg per capita), Czech Republic 775.5 kg per capita. (624.3 kg per capita), China 666.5 kg per capita. (699.2 kg per capita), Japan 456.2 kg per capita. (416.1 kg per capita) and Austria 516.9 kg per capita. (405.2 kg per capita).
At the end of 2021, Ukraine took 10th place in the world ranking of major exporters of steel, having sold 15.7 million tonnes of steel products on foreign markets (in 2020 it was in 9th place with 15.2 million tonnes), China ranked first 66.2 million tonnes (51.4 million tonnes), Japan was in 2nd place with 33.8 million tonnes.
At the same time, in the ranking of net exporters, Ukraine ranked fifth in the world with a volume of 14.4 million tonnes (in 2020 it was in the fourth place with 13.9 million tonnes), China was the first with 38.4 million tonnes (fifth place with 13.5 million tonnes), Japan was second with 28.3 million tonnes (second with 24.8 million tonnes).
The largest metal importers last year were EU (27) with 48.1 million tonnes, the United States with 29.7 million tonnes and China with 27.8 million tonnes.
In the ranking of net importers in 2021, the leaders are the EU (27) with 22 million tonnes, the United States with 21.4 million tonnes and Thailand with 13.7 million tonnes.

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