KYIV. May 30 (Interfax-Ukraine) – Metinvest, the largest Ukrainian mining and metal holding, in 2015 was 40th in the list of largest global steel producers with 9.65 million tonnes smelted last year, compared to the 33rd position in 2014 with 11.18 million tonnes of steel made.
According to an annual report published by World Steel Association, the largest steel smelting company in 2014 was ArcelorMittal with 97.14 million tonnes. Nippon Steel & Sumitomo Metal Corporation was second with 49.3 million tonnes smelted, followed by Hebei Group (47.75 million tonnes), NSSMC (46.37 million tonnes), POSCO (41.97 million tonnes) and Baosteel (34.94 million tonnes).
Metinvest is the only Ukrainian company amongst the 50 largest global steel manufacturers. Industrial Union of Donbas (ISD) was 44th in 2013 and produced 7.9 million tonnes, but did not make the list last year and this year.
Worldsteel said that Ukraine produced 23 million tonnes of steel in 2015, ranking 10th (27.2 million in 2014, 10th). Apparent consumption totaled 3.3 million tonnes (4.3 million tonnes), and consumption per capital reached 74.7 kilograms (kg, 94.8 kg in 2014).
Globally, average apparent consumption totaled 208.2 kg per person, South Korea with 1,113.6 kg per person, Taiwan with 750.6 kg, the Czech Republic (627.4 kg), Japan (497. 3 kg) and China (519 kg) showed the best results.
In 2015, Ukraine was seventh among largest steel exporters. The country sold 17.7 million tonnes of steel products on foreign markets. China was first with 111.6 million tonnes and Russia was fifth with 29.7 million tonnes.
Ukraine was fourth in net exports of steel in the world with 16.9 million tonnes (20.3 million tonnes in 2014, fourth). China was first with 98.4 tonnes and Japan was second with 34.9 million tonnes.
The largest importers of metal last year were the European Union (EU) with 37.7 million tonnes (the European Union was 28th in 2014 with 32.4 million tonnes).
Metinvest Group is a vertically integrated group of steel and mining companies that manages every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. It comprises steel and mining production facilities located in Ukraine, Europe and the US, as well as a sales network covering all key global markets.
