In January-October this year, Ukrainian steelmakers cut production of total rolled products by 13% year-on-year to 4.365 million tons, according to preliminary data.
According to Ukrmetallurgprom, steel production decreased by 11.7% year-on-year to 5.162 million tons in the first ten months of this year, down to 5.7 million tons in January-October 2022.
Pig iron production during this period decreased by 15.6% to 4.906 million tons.
As reported, in 9M2023, Ukraine reduced production of total rolled products by 17% year-on-year to 3.929 million tons, steel by 16.9% to 4.590 million tons, and pig iron by 19.5% to 4.394 million tons.
In 2022, the country’s steelmaking companies reduced production of total rolled products by 72% year-on-year to 5.350 million tons, steel by 70.7% to 6.263 million tons, and pig iron by 69.8% to 6.391 million tons.
In 2021, the company produced 21.165 million tons of pig iron (103.6% compared to 2020), 21.366 million tons of steel (103.6%), and 19.079 million tons of rolled products (103.5%).
