Business news from Ukraine

Business news from Ukraine

Ukrainian metallurgical enterprises increased rolled steel production by 0.4%

11 January , 2024  

Ukrainian metallurgical enterprises increased their production of rolled steel by 0.4% to 5.372 million tons in 2023, according to preliminary data, compared to 2022.

According to Ukrmetallurgprom on Wednesday, steel production decreased by 0.6% to 6.228 million tons last year.

Pig iron production for the period decreased by 6.1% to 6.003 million tons.

As reported, in 2022, Ukraine 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, and pig iron by 69.8% to 6.391 million tons.

In 2021, the company produced 21.165 million tons of pig iron (103.6% compared to 2020), 21.366 million tons of steel (103.6%), and 19.079 million tons of rolled products (103.5%).

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