Business news from Ukraine

Business news from Ukraine

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

27 March , 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%).

,