Business news from Ukraine

UKRAINIAN METALLURGICAL ENTERPRISES WILL INCREASE OUTPUT OF METAL PRODUCTS IN 2021

28 December , 2021  

Ukrainian metallurgical enterprises are expected to increase steel production by 4% by the end of 2021 compared to 2020 – to 21.444 million tonnes.
According to the documents of the Ministry of Economy, available to Interfax-Ukraine, production of general rolled goods will also increase by 4% – to 19.175 million tonnes, pig iron smelting – also by 4%, to 21.238 million tonnes.
The forecast is based on production indicators for January-November this year, summarized by the Ukrmetalurgprom association, the ministry said.
At the same time, the source added that if the existing trends continue, the supply of scrap metal to metallurgical enterprises in 2021 will increase by 13% – up to 3.264 million tonnes.
Production of pipes in 2021 may increase by 16% – to 990,000 tonnes, coke will decrease by 1%, to 9.541 million tonnes, but production of refractories will increase – by 9%, to 240,000 tonnes.
Sinter output may increase by 4% – up to 33.158 million tonnes.
As reported, over the ten months of this year, the enterprises produced 27.875 million tonnes of sinter (106.1% against January-October 2020), 8.003 million tonnes of 6% moisture coke (at the level of last year), 17.724 million tonnes of pig iron (105%), 17.903 million tonnes of steel (105.5%), 15.986 million tonnes of rolled products (105.4%), and 820,000 tonnes of pipe products (115.9%).

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