Business news from Ukraine

Ukraine’s output of steel products decreased by 72% last year

10 January , 2023  

Ukrainian steelmaking companies in 2022, according to operational data, reduced the production of total rolled steel by 72% compared with the previous year – up to 5.350 million tons.
According to the association Ukrmetallurgprom, for 12 months of 2022, steel production fell by 70.7% – to 6.263 million tons, iron – by 69.8%, to 6.391 million tons.
As reported, in 2021, 21.165 million tons of cast iron (103.6% by 2020), 21.366 million tons of steel (103.6%), 19.079 million tons of rolled steel (103.5%) were produced.