Business news from Ukraine

Energomashspetsstal from Kramatorsk increases steel production by 9.3%

PJSC Energomashspetsstal (Kramatorsk, Donetsk region), owned by Russia’s Atomenergomash (state corporation Rosatom), in January-November this year increased steel production by 9.3% compared to the same period last year, to 59,000 tonnes.

A source in the industry told Interfax-Ukraine that 4,000 tonnes of steel were produced in November.

As reported, Energomashspetsstal in 2019 reduced steel production by 4.8% compared to 2018, to 59,000 tonnes.

Energomashspetsstal is the largest Ukrainian manufacturer of special cast and forged products of individual and small-scale production for metallurgy, shipbuilding, energy (wind, steam, hydro, nuclear) and general mechanical engineering.

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UKRAINE INCREASES STEEL PRODUCTION BY 11% IN FEBRUARY, RANKS 12-TH IN WORLD

Ukraine in February 2018 increased steel production by 11.2% compared to the same period in 2017, to 1.9 million tonnes, ranking 12th in the rating of 64 countries, the world’s major steel producers, compiled by the World Steel Association (Worldsteel). In February, the growth of steel making in half of the top ten countries was recorded.
The top ten countries in terms of steel production in February were China (64.930 million tonnes, an increase of 5.9%), India (8.434 million tonnes, an increase of 3.4%), Japan (8.296 million tonnes, a drop of 0.5%), the United States (6.446 million tonnes, an increase of 0.4%), South Korea (5.415 million tonnes, a decrease of 2.1%), Russia (5.150 million tonnes, a fall of 2.1%), Germany (3.340 million tonnes, a 3.2% decrease), Turkey (2.998 million tonnes, an increase of 8.7%), Brazil (2.714 million tonnes, a 5.5% increase), and Iran (2.120 million tonnes, an increase of 48.6%).
They are followed by Italy (2.093 million tonnes, an increase of 4.5%), Ukraine (1.9 million tonnes, an increase of 11.2%), and Taiwan (1.810 million tonnes, a fall of 2%).
In general, in February 64 countries produced 131.791 million tonnes of steel, which is 3.5% more than in February 2017.