Business news from Ukraine

Business news from Ukraine

Ukrainian steelmakers reduced production of total rolled products by 84.6%

10 February , 2023  

Ukrainian metallurgical enterprises in January this year reduced the production of total rolled steel, according to operational data, by 84.6% compared to the same period last year – to 257 thousand tons.
According to the association “Ukrmetallurgprom”, during the first month of 2023, steel production decreased by 84.7% compared to January 2022 – to 284 thousand tons, iron – by 86.6%, to 240 thousand tons.
In December 2022, the production of general products was 109 thousand tons (down by 58.8% against January 2023), steel – 106 thousand tons (down by 62.7%), iron – 247 thousand tons (an increase of 2.9%).
As reported, metallurgical enterprises in Ukraine in 2022, reduced the production of total products by 72% compared to last 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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