In August this year, Ukrainian steelmakers increased steel production by 64.5% year-on-year to 602 thousand tons from 366 thousand tons.
At the same time, Ukraine took 20th place in the ranking of 63 countries that are major global producers of this product, compiled by the World Steel Association (Worldsteel).
According to Worldsteel, in August 2023, half of the top ten countries, except for Japan, South Korea, Germany, Turkey and Vietnam, recorded an increase in steel production compared to August 2022.
The top ten steel producing countries in August are as follows: China (86.41 million tons, up 3.2% by August 2022), India (11.904 million tons, up 17.4%), Japan (7.146 million tons, down 2.9%), the United States (6.980 million tons, up 1.1%), and the Russian Federation (6.4 million tons, up 8.9%), South Korea (5.583 million tons, down 5.9%), Germany (2.844 million tons, down 1%), Turkey (2.756 million tons, down 2.9%), Brazil (2.719 million tons, down 5.9%) and Vietnam (1.6 million tons, down 0.1%).
Overall, in August this year, steel production increased by 2.2% year-on-year to 152.619 million tons.
For the first eight months of 2023, the top ten steel-producing countries are as follows: China (712.930 million tons, up 2.6%), India (92.209 million tons, up 10.5%), Japan (58.366 million tons, down 3.8%), the United States (53.830 million tons, down 1.9%), and the Russian Federation (50.796 million tons, up 3.9%), South Korea (44.969 million tons, down 2.3%), Germany (24.328 million tons, down 4.2%), Turkey (21.599 million tons, down 12.1%), Brazil (21.335 million tons, down 8.3%), and Iran (19.672 million tons, down 1.1%).
In total, 63 countries produced 1 billion 256.378 million tons of steel in January-August, up 0.2% compared to the same period in 2022.
At the same time, Ukraine produced 4.032 million tons of steel in the first eight months of 2023, which is 22.3% lower than in January-August 2022. The country ranks 23rd in the first eight months of 2023.
As reported, in 2022, the top ten steel-producing countries were as follows: China (1.013 billion tons, down 2.1%), India (124.720 million tons, up 5.5%), Japan (89.235 million tons, -7.4%), the United States (80.715 million tons, -5.9%), and 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%).
In 2022, Ukraine ranked 23rd with the production of 6.263 million tons of steel (minus 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.
