Business news from Ukraine

Ukrainian enterprises in January-February increased output of rolled products by 53%

9 March , 2024  

Ukrainian metallurgical enterprises according to the results of work in January-February of the current year increased production of total rolled products, according to operational data, by 52.5% compared to the same period last year – up to 900 thousand tons from 590 thousand tons.

According to the information of Ukrmetallurgprom association on Friday, during this period steelmaking increased by 52% against January-February-2023 – up to 1.076 million tons from 708 thousand tons.

Iron smelting increased by 42.5% to 1.050 million tons from 737,000 tons.

As reported, in January-2024 increased output of total rolled products by 75.9% y-o-y to 453,000 tons from 257,000 tons, steel by 91.6% to 544,000 tons from 284,000 tons, pig iron by 44.5% to 555,000 tons from 384,000 tons.

Ukraine in 2023 increased production of total rolled products by 0.4% compared to 2022 – to 5.372 million tons, but decreased steel production by 0.6% – to 6.228 million tons, pig iron by 6.1% – to 6.003 million tons.

Ukraine in 2022 reduced production of total rolled products by 72% compared to 2021 – to 5.350 million tons, steel by 70.7% – to 6.263 million tons, pig iron by 69.8% – to 6.391 million tons.

For 2021, 21.165 million tons of pig iron (103.6% to 2020), 21.366 million tons of steel (103.6%), 19.079 million tons of rolled products (103.5%) were produced.

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