Business news from Ukraine

Business news from Ukraine

UKRAINE INCREASES STEEL PRODUCTION BY 12.6%, CLIMBING TO 12TH POSITION IN WORLDSTEEL RATING IN APRIL

Ukrainian metallurgical enterprises in April 2019 increased steel production by 12.6% compared to the same period in 2018, to 1.938 million tonnes, climbing to 12th place from the 13th in the ranking of 64 countries, the major global manufacturers of these products, compiled by the World Steel Association (Worldsteel).
An increase in steel production in most of the top ten countries, except for Japan, Russia, Germany and Brazil was recorded in April.
The top ten producer countries in April are as follows: China (85.032 million tonnes, an increase of 12.7%), India (8.785 million tonnes, an increase of 1.5%), Japan (8.647 million tonnes, a decline of 0.8%), the United States (7.428 million tonnes, an increase of 7.3%), South Korea (5.978 million tonnes, an increase of 1.4%), the Russian Federation (5.6 million tonnes, a decrease of 8.3%), Germany (3.358 million tonnes, a drop of 8.7%) , Turkey (3.044 million tonnes, an increase of 2.6%), Brazil (2.886 million tonnes, a fall of 1.9%) and Iran (2.165 million tonnes, an increase of 2.8%).
They are followed by Italy (1.950 million tonnes, a fall of 5.7%), Ukraine (1.938 million tonnes, an increase of 12.6%) and Taiwan (China, 1.930 million tonnes, a fall of 5%).
In April, 64 countries produced 156.671 million tonnes of steel, which is 6.4% more than in April 2018.
In January-April 2019, 64 countries produced 599.857 million tonnes of steel, which is 4.8% more than in the same period last year.

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UKRAINE INCREASES ROLLED STEEL BY 1.3%, STEEL BY 4.5% IN Q1 2019

Ukrainian metal and mining enterprises in January-March 2019 tentatively increased rolled steel output by 1.3% year-over-year, to 4.727 million tonnes.
According to the Ukrmetallurgprom association, steel smelting grew by 4.5%, to 5.498 million tonnes, while cast iron output decreased by 2.1%, to 5.178 million tonnes.
In March 2019, Ukrainian metal companies produced 1.799 million tonnes of cast iron (114.7% to the previous month), 1.958 million tonnes of steel (116.1%), and 1.644 million tonnes of rolled steel (111.4%).
As reported, Ukrainian metal and mining enterprises in 2018 tentatively increased rolled steel output by 1% year-over-year, to 18.446 million tonnes. Steel smelting fell by 2%, to 21.06 million tonnes, and cast iron output increased by 2%, to 20.531 million tonnes.
Ukrainian metal and mining enterprises in 2017, taking into account the two months of operation of the enterprises on the government uncontrolled areas, reduced steel output by 12% year-over-year, to 21.284 million tonnes, rolled steel – by 14%, to 18.439 million tonnes, and cast iron – by 15%, to 20.035 million tonnes.
In 2016, Ukraine boosted steel output by 6% year-over-year, to 24.2 million tonnes, cast iron – by 8%, to 23.6 million tonnes, and rolled steel – by 6%, to 21.4 million tonnes.

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UKRAINE INCREASES STEEL PRODUCTION BY 5%, RANKS 13TH IN WORLDSTEEL RATING IN FEB 2019

Ukrainian metallurgical enterprises in February 2019 increased steel production by 5% compared to the same period in 2018, to 1.689 million tonnes, staying on 13th place in the ranking of 64 countries, the major global manufacturers of these products, compiled by the World Steel Association (Worldsteel).
A decrease in steel production in most of the top ten countries, except for China, India, the United States and South Korea was recorded in February.
The top ten producer countries in February are as follows: China (70.988 million tonnes, an increase of 9.2%), India (8.738 million tonnes, a rise of 2.3%), Japan (7.743 million tonnes, a drop of 6.6%), the United States (6.896 million tonnes, an increase of 4.6%), South Korea (5.471 million tonnes, a rise of 1.1%), the Russian Federation (5.23 million tonnes, a fall of 4.4%), Germany (3.12 million tonnes, a decrease of 9.4%), Brazil (2.662 million tonnes, a fall of 1.7%), Turkey (2.635 million tonnes, a drop of 12.5%), and Italy (2.046 million tonnes, a fall of 2.7%).
They are followed by Iran (2.015 million tonnes, an increase of 21.7%), Taiwan (1.815 million tonnes, a rise of 22.5%), and Ukraine (1.689 million tonnes, a rise of 5%).

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UKRAINE CUTS STEEL PRODUCTION BY 5%, RANKS 13TH IN WORLDSTEEL RATING

Ukrainian metallurgical enterprises in January 2019 reduced steel production by 4.9% compared to the same period in 2018, to 1.850 million tonnes, moving from the 12th to 13th place in the ranking of 64 countries, the major global manufacturers of these products, compiled by the World Steel Association (Worldsteel).
A decrease in steel production in most of the top ten countries, except for China, the United States and Brazil was recorded in January.
The top ten producer countries in January are as follows: China (75.013 million tonnes, an increase of 4.3%), India (9.180 million tonnes, a fall of 1.9%), Japan (8.141 million tonnes, a drop of 9.8%), the United States (7.647 million tonnes, an increase of 11%), South Korea (6.211 million tonnes, a fall of 1.5%), the Russian Federation (5.790 million tonnes, a fall of 4.5%), Germany (3.410 million tonnes, a decrease of 7.2%), Brazil (2.933 million tonnes, an increase of 2.3%), Turkey (2.565 million tonnes, a drop of 19.5%), and Iran (2.230 million tonnes, a fall of 2.6%).
They are followed by Taiwan (2.010 million tonnes, an increase of 10.4%), Italy (1.959 million tonnes, a decrease of 3.6%), and Ukraine (1.850 million tonnes, a fall of 4.9%).

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UKRAINE REDUCES CRUDE STEEL PRODUCTION

Ukraine reduced crude steel production 1% year-on-year in January-November 2018 to 19.3 million tonnes, according to preliminary data.
The Ukrmetallurgprom (Dnipro) association told Interfax that roll output grew 1% to 16.835 million tonnes, and pig iron production rose 3% to 18.78 million tonnes.
Crude steel production was 1.744 million tonnes in November alone, down 2.5% from October, roll production was 1.473 million tonnes, down 3.6%, and pig iron 1.695 million tonnes, down 5%.

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UKRAINE TO RAISE STEEL OUTPUT BY ABOUT 6% IN SEPT, SCRAP PROCUREMENT 7% UP

Ukrainian metallurgical enterprises intend to increase steel production by 5.6% in September 2018 in comparison with the planned figures for August, to 1.9 million tonnes from 1.8 million tonnes.
According to information from the Ukrmetalurgprom association, the plan for September also envisages the increase in total rolled steel production by 6.3%, to 1.7 million tonnes from 1.6 million tonnes, pig iron by 5.6%, to 1.9 million tonnes from 1.8 million tonnes.
According to the union, in July cast iron production stood at 1.77 million tonnes (108% from June 2018), that of steel some 1.82 million tonnes (106%), and rolled goods some 1.5 million tonnes (99%).
Ukraine in January-July 2018 produced iron ore concentrate in the amount of 35.28 million tonnes (99.7% against the same period in 2017), sinter some 18.13 million tonnes (106%), pellets some 12.55 million tonnes (110%), gross coke (6% moisture) some 6.31 million tonnes (106%), pig iron some 11.9 million tonnes (109% taking into account the work of enterprises in the uncontrolled area in January-February 2017, 114% excluding them), steel some 12.2 million tonnes (103% and 106% respectively), rolled products some 10.75 million tonnes (105% and 110% respectively), and pipes some 647,000 tonnes (108%).
The report says despite the loss of part of the capacity in the uncontrolled territory, in 2018 compared to the same period in 2017 there was an increase in production of the main types of goods.
“This became possible due to the stabilization of providing the enterprises with iron ore and coke, as well as the commissioning of blast furnace No. 3 at Zaporizhstal after reconstruction,” the report reads.

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