Business news from Ukraine

Ukrainian steelmakers reduced production of total rolled products by 56%

13 May , 2023  

Ukrainian metallurgical enterprises in January-April this year reduced the production of total rolled steel, according to operational data, by 56% compared with the same period last year – to 1.512 million tons.
According to the association “Ukrmetallurgprom” on Tuesday, in the first four months of this year, steel production fell by 54% compared with January-April 2022 – to 1.809 million tons.
Iron smelting for this period decreased by 54% to 1.747 million tons.
As reported, in 2022, Ukraine reduced the production of general products by 72% compared to the previous year – up to 5.350 million tons, steel – by 70.7% – to 6.263 million tons, cast iron – by 69.8% – to 6.391 million tons.
In 2021, the company produced 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%).

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