Business news from Ukraine

Business news from Ukraine

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

2 April , 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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