Ukraine’s metallurgical enterprises in October 2020 reduced steel production by 5.9% compared to the same period in 2019, to 1.653 million tonnes, ranking 14th among 64 countries, the world’s main producers of these products compiled by the World Steel Association (Worldsteel).
In October, a rise in steel production from October 2019 was recorded in most of the top ten countries, except for Japan, the United States and South Korea.
The top ten steel producing countries in October are as follows: China (92.202 million tonnes, an increase of 12.7%), India (9.058 million tonnes, a drop of 0.9%), Japan (7.2 million tonnes, a drop of 11.7%), the United States (6.143 million tonnes, a drop of 15.3%), Russia (6.05 million tonnes, 4.3% up), South Korea (5.859 million tonnes, 1.8% down), Germany (3.417 million tonnes, 3.1% up), Vietnam (3.372 million tonnes, an increase of 111.5%), Turkey (3.208 million tonnes, an increase of 19.4%), and Brazil (2.784 million tonnes, an increase of 3.5%), and
They are followed by Iran (2.66 million tonnes, an increase of 27.9%), Italy (2.119 million tonnes, a drop of 4.6%), Taiwan (1.66 million tonnes, a decrease of 3.1%), Ukraine (1.653 million tonnes, a decrease of 5.9%), and Mexico (1.47 million tonnes, 1.1% up).
In October, 64 countries produced 161.89 million tonnes of steel, which is 7% more than in October 2019.
In January-October 2020, 64 countries produced 1.511 billion tonnes of steel, which is 2% less than a year ago.
Electric steelmaking complex Interpipe Steel of the international vertically integrated pipe and wheel company Interpipe (Dnipro) in January-October of this year reduced steel production, according to operational data, by 13.9% compared to the same period last year, up to 641,000 tonnes.
As the Interfax-Ukraine agency was informed in the company, 62,800 tonnes of steel were produced in October.
As reported, Interpipe in 2019 reduced steel production by 4.2% compared to the previous year to 854,500 tonnes.
Interpipe is a Ukrainian industrial company, a manufacturer of seamless pipes and railway wheels. The company’s products are supplied to more than 80 countries around the world through a network of sales offices located in the key markets of the CIS, the Middle East, North America and Europe. In 2019, Interpipe sold 823,000 tonnes of finished products, including 202,000 tonnes of railway products. Railway products are sold under the KLW brand.
Interpipe employs 11,000 people. In 2019, the company transferred UAH 3.25 billion to the budgets of all levels.
The company includes five industrial assets: Interpipe Nyzhniodniprovsky Pipe Rolling Plant, Interpipe Novomoskovsk Pipe Plant, LLC Interpipe Niko-Tube, Dnipropetrovsk Vtormet and Dniprostal Steel Complex under the Interpipe Steel brand.
Ukraine’s metallurgical enterprises in September 2020 reduced steel production by 5.4% compared to the same period in 2019, to 1.651 million tonnes, ranking 13th among 64 countries, the world’s main producers of these products compiled by the World Steel Association (Worldsteel).
In September, a drop in steel production from September 2019 was recorded in most of the top ten countries, except for India, Japan, the United States and Germany.
The top ten steel producing countries in September are as follows: China (92.555 million tonnes, an increase of 10.9%), India (8.52 million tonnes, a drop of 2.9%), Japan (6.486 million tonnes, a drop of 19.3%), Russia (5.86 million tonnes, 0.8% up), South Korea (5.831 million tonnes, 2.1% up), the United States (5.709 million tonnes, a drop of 18.5%), Turkey (3.225 million tonnes, an increase of 18%), Germany (3.018 million tonnes, 9.7% down), Brazil (2.574 million tonnes, an increase of 7.5%), and Vietnam (2.321 million tonnes, an increase of 45.3%).
They are followed by Iran (2.26 million tonnes, an increase of 2.2%), Italy (1.894 million tonnes, a drop of 18.7%), Ukraine (1.651 million tonnes, a decrease of 5.4%), Taiwan (1.605 million tonnes, a decrease of 8.1%), and Mexico (1.4 million tonnes, minus 3.9%).
In September, 64 countries produced 156.359 million tonnes of steel, which is 2.9% more than in September 2019.
In January-September 2020, 64 countries produced 1.347 billion tonnes of steel, which is 3.2% less than a year ago.
Ukrainian metal and mining enterprises in January-August 2020 decreased rolled steel output 1.5% year-over-year, to 12.337 million tonnes.
According to the Ukrmetallurgprom association, steel smelting fell by 6.2%, to 13.742 million tonnes, cast iron output by 0.9%, to 13.599 million tonnes.
In August 2020, Ukrainian metal companies produced 1.69 million tonnes of rolled steel, 1.887 million tonnes of steel, and 1.858 million tonnes of cast iron.
As reported, Ukrainian metal and mining enterprises in 2019 cut rolled steel output by 1% year-over-year, to 18.4 million tonnes. Steel smelting fell by 1%, to 20.8 million tonnes, cast iron output by 2%, to 20 million tonnes.
Ukraine in May 2020 reduced steel production by 10.4% compared to the same period in 2019, to 1.638 million tonnes, but climbed from the 15th to 13th place in the ranking of 64 countries, the main global manufacturers of these products, compiled by the World Steel Association (Worldsteel).
In May, a drop in steel production was recorded in most countries of the top ten, except for China and Iran. At the same time, the largest decline in steel production was recorded in India, by 39.1%.
In May, the top ten steel producing countries were as follows: China (92.267 million tonnes, an increase of 4.2%), Japan (5.916 million tonnes, a drop of 31.8%), South Korea (5.387 million tonnes, 14.1% down), the Russian Federation (6 million tonnes, 4.8% down), India (5.767 million tonnes, a decrease of 39.1%), the United States (4.790 million tonnes, a drop of 36.6%), Germany (2.850 million tonnes, 18.9% down), Iran (2.350 million tonnes, an increase of 8.9%), Turkey (2.272 million tonnes, a decrease of 25.8%) and Brazil (2.188 million tonnes, a drop by 22.6%).
They are followed by Vietnam (1.949 million tonnes, more by 11.4%), Taiwan (1.730 million tonnes, 10.6% less), Ukraine (1.638 million tonnes, 10.4% less), Mexico (1.450 million tonnes, 13.2% less) and Italy (1.250 million tonnes, less by 43.6%).
In May, 64 countries produced 148.775 million tonnes of steel, which is 8.7% less than in May 2019.
The metallurgical enterprises of Ukraine in 2020, according to the updated forecast, will reduce steel production by 4.1%, to 20 million tonnes compared to actual production in 2019 in the amount of 20.848 million tonnes, and by 7% compared to the original forecast, when steelmaking in the country was predicted this year in the amount of 21.5 million tonnes.
According to the updated balance sheet for the formation and consumption of scrap metal in Ukraine for 2020, published by the Ukrainian Association of Secondary Metals (UAVtormet), 2.7 million tonnes of scrap metal will be required to produce 20 million tonnes of steel at Ukrainian metal enterprises (a decrease of 10.3% compared to 2019, when 3.011 million tonnes of imported scrap metal was delivered).
In addition, it is forecasted that export of scrap metal from Ukraine this year will amount to 50,000 tonnes, while in 2019 it amounted to 40,900 tonnes (an increase of 22.2%). At the same time, scrap import in 2020 will also amount to 50,000 tonnes.
At the same time, according to the balance sheet, scrap metal procurement in 2020 should decrease by 18.2% compared to 2019, to 2.750 million tonnes.
It is also stated that in January-April 2020, Ukraine reduced steel production by 9.5% compared to the same period last year, to 6.731 million tonnes. During this period, 901,100 tonnes of scrap metal was delivered to the country’s metal enterprises (a decrease of 8.7% compared to the four months of 2019). Exports of scrap metal from Ukraine in the four months decreased by 59.1%, to 11,600 tonnes, imports by 74.6%, to 5,700 tonnes. Scrap metal procurement for this period fell by 10.2%, to 958,300 tonnes.
