Business news from Ukraine

Business news from Ukraine

UKRAINE INCREASES ROLLED PRODUCTS OUTPUT BY 3.5% IN Q1

2 April , 2020  

Ukrainian metallurgical enterprises increased the production of total rolled products by 3.5% in January-March 2020 compared to the same period in 2019, to 4.7 million tonnes.
According to a press release of the Ukrmetallurgprom association on Wednesday, April 1, steel production decreased by 3%, to 5.342 million tonnes, pig iron by 2%, to 5.105 million tonnes over three months.
In March, Ukrainian metal enterprises produced 1.560 million tonnes of rolled products (92.1% compared to March 2019), some 1.789 million tonnes of steel (90.9%), some 1.750 million tonnes of pig iron (95.4%).
As reported, Ukraine in January 2020 increased the production of total rolled products by 4% compared to the same period in 2019, to 1.629 million tonnes, but reduced steel production by 2.7%, to 1.8 million tonnes, pig iron by 5, 1%, to 1,698 million tonnes.
According to the results of 2019, the metal enterprises of Ukraine reduced steel production by 1% compared to 2018, to 20.848 million tonnes, production of total rolled products by 1% as well, to 18.387 million tonnes, and iron production fell by 2%, to 20.064 million tonnes.

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