In May this year, Ukrainian steelmakers increased steel production to 738 thousand tons, up 26.5% year-on-year (583 thousand tons) and 3.2% month-on-month (April, when 715 thousand tons were produced).
At the same time, Ukraine ranked 20th in the ranking of 71 countries that are global producers of this product, compiled by the World Steel Association (Worldsteel).
According to Worldsteel, in May, steel production declined in most of the top ten countries, except for China, India, Turkey, and Iran, by May 2023.
The top ten steel producing countries in May are as follows: China (92.860 million tons, up 2.7% by May 2023), India (12.218 million tons, up 3.3%), Japan (7.168 million tons, down 6.3%), the United States (6.939 million tons, down 1.5%), and the Russian Federation (6.320 million tons, down 0.9%), South Korea (5.162 million tons, down 10.9%), Iran (3.253 million tons, up 2.1%), Turkey (3.213 million tons, up 11.6%), Germany (3.187 million tons, down 1.9%) and Brazil (2.584 million tons, down 7.4%).
In total, in May 2024, steel production increased by 1.5% compared to the same period in 2023 to 165.107 million tons.
In January-May 2014, the top ten steel producing countries were as follows: China (438.610 million tons, down 1.4% compared to January-May 2023), India (61.926 million tons, up 7.7%), Japan (35.674 million tons, down 2.3%), the United States (33.374 million tons, down 2.4%), and the Russian Federation (30.875 million tons, minus 2.5%), South Korea (26.382 million tons, down 6.3%), Germany (16.173 million tons, up 3.7%), Turkey (15.544 million tons, up 19.8%), Iran (14.035 million tons, up 9.1%) and Brazil (13.560 million tons, up 0.6%).
Overall, in 5 months of 2014, steel production decreased by 0.1% compared to the same period in 2023 to 793.211 million tons.
At the same time, Ukraine produced 3.139 million tons of steel in 5 months of 2014, up 31.2% compared to 2.392 million tons in the same period of 2023. The country ranks 21st in January-May.
As reported, 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 United States (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% lower than in 2022. The country was ranked 22nd in 2023.
In 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 United States (80.715 million tons, -5.9%), the Russian Federation (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 produced (-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.
In January-March this year, ArcelorMittal Kryvyi Rih Iron and Steel Works (AMKR, Dnipro region) increased steel production by 93% year-on-year to 278 thousand tons.
According to the company, compared to the fourth quarter of last year, iron ore concentrate production amounted to 1.775 million tons versus 1.283 million tons (38% more).
Blast furnace coke production in January-March 2023 amounted to 245 thousand tons compared to 211 thousand tons (up 16%), pig iron – 403 thousand tons compared to 392 thousand tons (up 3%), steel – 278 thousand tons compared to 250 thousand tons (up 11%), rolled products – 262 thousand tons compared to 230 thousand tons (up 14%). Production growth compared to the first quarter of 2023 ranged from 50% to 94%, depending on the type of product.
In March 2024, compared to March 2023, production of iron ore concentrate increased by 52% (from 427 thousand tons to 651 thousand tons), blast furnace coke by 50% (from 56 thousand tons to 84 thousand tons), pig iron by 27% (from 109 thousand tons to 138 thousand tons), steel by 61% (from 77 thousand tons to 124 thousand tons) and rolled products by 57% (from 74 thousand tons to 116 thousand tons). Production volumes also grew year-on-year, with iron ore concentrate up 14%, blast furnace coke up 9%, pig iron up 19%, and steel and rolled products up 61% and 59%, respectively.
These results were achieved despite Russian attacks against energy infrastructure and the resulting power outages, the press release said.
The first quarter of 2024 also reflects gradual progress in restoring the company’s production capacity.
“We plan to continue our production development program, in particular, to approach 50% utilization of our steelmaking capacity in the near future. At the same time, the stability of energy supply remains a significant factor in the successful implementation of our plans,” said Mauro Longobardo, CEO of AMKR.
“ArcelorMittal Kryvyi Rih is the largest rolled steel producer in Ukraine. It specializes in long products, including rebar and wire rod.
ArcelorMittal owns the largest mining and metallurgical plant in Ukraine, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Berislav.
Mittal Steel Corporation acquired a 93.02% stake in Kryvorizhstal in an open tender on October 24, 2005 for UAH 24.2 billion at a starting price of UAH 10 billion, after which the plant was renamed Mittal Steel Kryvyi Rih and later ArcelorMittal Kryvyi Rih.
Global stainless steel production in 2023 increased by 4.6% compared to 2022 to 58.444 million tonnes, while production declined in all major regions except China, according to a press release from the World Stainless Association (formerly the International Stainless Steel Forum (ISSF)).
According to the information, in Europe last year, stainless steel production decreased by 6.2% to 5.902 million tons by 2022, and in the United States – by 9.6% to 1.824 million tons.
In Asia (excluding China and South Korea), stainless steel production decreased by 7.2% to 6.880 million tons, while in China it increased by 12.6% to 36.676 million tons.
Other regions (Brazil, Russia, South Africa, South Korea and Indonesia) recorded a 5.2% decline in production to 7.163 million tons.
As reported, global stainless steel production in 2022 decreased by 5.2% to 55.255 million tons. At the same time, in Europe in 2022, production decreased by 12.4% to 6.294 million tons, and in the United States – by 14.8% to 2.017 million tons. In Asia (excluding China and South Korea), stainless steel production decreased by 4.9% to 7.411 million tons, while in China it fell by 2% to 31.975 million tons.
Other regions recorded a 9.1% decline in production to 7.557 million tons.
In February this year, Ukrainian steelmakers increased steel production by 25.5% compared to the same period in 2023, up to 532 thousand tons from 424 thousand tons.
At the same time, Ukraine was ranked 22nd in the ranking of 71 countries that are global producers of this product by the World Steel Association (Worldsteel).
According to Worldsteel, in February, steel production increased in most of the top ten countries, except for the United States, Russia and South Korea, in February 2023.
In January of this year, Ukrainian steelmakers increased steel production by 91.5% compared to the same period in 2022, up to 544 thousand tons from 284 thousand tons, and by 4.6% compared to the previous month, when 520 thousand tons were smelted.
At the same time, Ukraine retained its 21st place in the ranking of 71 countries that are global producers of these products compiled by the World Steel Association (Worldsteel).
According to Worldsteel, in December 2023, steel production increased compared to January 2023 in most of the top ten countries, except for China, the United States, Germany and Brazil.
The top ten steel producing countries in January are as follows: China (77.240 million tons, down 6.9% by January 2023), India (12.514 million tons, up 7.3%), Japan (7.266 million tons, up 0.6%), the United States (6.801 million tons, down 0.3%), and the Russian Federation (6.240 million tons, up 1.2%), South Korea (5.711 million tons, up 1.5%), Turkey (3.247 million tons, up 24.7%), Germany (2.9 million tons, down 0.9%), Iran (2.603 million tons, up 39.3%) and Brazil (2.520 million tons, down 7.2%).
Overall, in January 2024, steel production decreased by 1.6% compared to the same period in 2023 to 148.108 million tons.
As reported, in December 2023, Ukraine increased steel production by 4.9 times compared to the same period in 2022, up to 520 thousand tons from 106 thousand tons, but decreased by 4.8% compared to the previous month, when 546 thousand tons were smelted. The top ten steel producing countries in December were as follows: China (67.440 million tons, down 14.9% by December 2022), India (12.141 million tons, + 9.5%), Japan (6.980 million tons, +1.1%), the United States (6.813 million tons, +7.6%), the Russian Federation (6 million tons, +4.3%), South Korea (5.375 million tons, +2.7%), Turkey (3.224 million tons, +21.2%), Iran (2.872 million tons, +12.1%), Germany (2.631 million tons, -2.3%) and Brazil (2.523 million tons, +0.9%).
Overall, in December 2023, steel production decreased by 5.3% compared to the same period in 2022 to 135.666 million tons.
In 2023, the top ten steel-producing countries are as follows: China (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 United States (80.664 million tons, +0.2%), the Russian Federation (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% lower than in 2022. The country was ranked 22nd in 2023.
In 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 United States (80.715 million tons, -5.9%), the Russian Federation (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 produced (-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.
In December 2023, Ukrainian steelmakers increased steel production by 4.9 times compared to the same period in 2022 – up to 520 thousand tons from 106 thousand tons, but decreased by 4.8% compared to the previous month, when 546 thousand tons were smelted.
At the same time, Ukraine retained its 21st place in the ranking of 71 countries that are global producers of these products compiled by the World Steel Association (Worldsteel).
According to Worldsteel, in December 2023, steel production increased compared to December 2022 in most of the top ten countries, except for China and Germany.
The top ten steel producing countries in December are as follows: China (67.440 million tons, down 14.9% by December 2022), India (12.141 million tons, + 9.5%), Japan (6.980 million tons, + 1.1%), the United States (6.813 million tons, + 7.6%), the Russian Federation (6 million tons, + 4.3%), South Korea (5.375 million tons, +2.7%), Turkey (3.224 million tons, +21.2%), Iran (2.872 million tons, +12.1%), Germany (2.631 million tons, -2.3%) and Brazil (2.523 million tons, +0.9%).
Overall, in December 2023, steel production decreased by 5.3% compared to the same period in 2022 to 135.666 million tons.
In 2023, the top ten steel-producing countries are as follows: China (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 United States (80.664 million tons, +0.2%), the Russian Federation (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% lower than in 2022. The country was ranked 22nd in 2023.
As reported, in 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 United States (80.715 million tons, -5.9%), the Russian Federation (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 produced (-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.
