Business news from Ukraine

Ukraine reduced steel production 16.4 times

Steelmakers in Ukraine last December have reduced steel production in 16.4 times, or 93.9%, compared to the same period in 2021 – up to 106 thousand tons, ranking 38th in the ranking of 64 countries-major global producers of these products, according to the Worldsteel Association (Worldsteel).
According to Worldsteel, in December-2022 there was a decline in steel production against December-2021 in most of the top ten countries, except India and Iran.
The top ten steel-producing countries in December are as follows: China (77.890 million tons, down 9.8% from December-2021), India (10.569 million tons, up 0.8%), Japan (6.899 million tons, “minus” 13.1%), USA (6.510 million tons, down 8.3%), Russia (5.5 million tons, “minus” 11.3%) South Korea (5.249 mt, minus 11.6%), Germany (2.693 mt, minus 14.6%), Iran (2.650 mt, up 3.3%), Turkey (2.659 mt, minus 20%) and Brazil (2.505 mt, minus 5.2%).
Ukraine in December, is on the 38th position with 106 thousand tons of steel (down 93.9% against December 2021). The country produced 313 thousand tons of steel in November 2022, in October – 318 thousand tons, in September – 340 thousand tons, August – 366 thousand tons of steel, July – 281 thousand tons, June – 295 thousand tons, May – 308 thousand tons, April – 281 thousand tons, March – 200 thousand tons, February – 1.374 million tons, January – 1.851 million tons.
Overall, in December 2022, global steel production decreased by 10.8% over the same period in 2021 – to 140.695 million tons.
For the 12 months of 2022, the top ten steel producing countries are as follows: China (1.013 billion tons, down 2.1%), India (124.720 million tons, up 5.5%), Japan (89.235 million tons, down 7.4%), USA (80.715 million tons, “minus” 5.9%), Russia (71.5 million tons, down 7.2%), South Korea (65.865 mt, minus 6.5%), Germany (36.849 mt, minus 8.4%), Turkey (35.134 mt, down 12.9%), Brazil (33.972 mt, down 5.8%) and Iran (30.593 mt, up 8%).
Ukraine in 12 months of 2022 is in 23rd place with the melting of 6.263 million tons of steel (“minus” 70.7%).
In total, 64 countries produced 1 billion 831.467 million tons of steel in 2022, which is 4.3% less than in 2021.
As reported, for 2021, the top ten steel producing countries were as follows: China (1 billion 32.790 million tons, down 3%), India (118.134 million tons, up 17.8%), Japan (96.334 million tons, +14.9%), USA (86.012 million tons, +18.3%), Russia (75.970 million tons, +6, 1%), South Korea (70,556 million tons, +5.2%), Turkey (40,360 million tons, +12.7%), Germany (40,066 million tons, +12.3%), Brazil (36,039 million tons, +14.7%) and Iran (28,460 million tons, -1.8%).
They were followed by Italy (24.4 million tons, up 19.7%), Vietnam (23.560 million tons, +4.8%), Taiwan (PRC, 23.250 million tons, +10.9%), Ukraine (21.366 million tons, +3.6%) and Mexico (18.4 million tons, +9.5%).
Overall, 64 countries produced 1 billion 911.945 million tons of steel in 2021, an increase of 3.6% over 2020.

Ukraine in September 2022 reduced steel production by 5 times by September 2021

Metallurgical enterprises of Ukraine in September of this year reduced steel production by five times, or by 80%, compared to the same period in 2021 – to 340 thousand tons, taking 32nd place together with the Czech Republic in the ranking of 64 countries – the world’s main manufacturers of these products, compiled by the World Steel Association (Worldsteel).
According to Worldsteel data released on Tuesday, in September 2022, a decrease in steel production was recorded by September 2021 in most countries of the top ten, except for China, India and Iran.
The top ten steel-producing countries in September are as follows: China (86.950 million tons, an increase of 17.6% compared to September 2021), India (9.873 million tons, an increase of 1.8%), Japan (7.140 million tons , “minus” 12.3%), USA (6.615 million tons, less by 7.5%), Russia (5.690 million tons, “minus” 6.8%), South Korea (4.605 million tons, “minus” 15 .4%), Germany (2.842 million tons, minus 15.4%), Iran (2.744 million tons, an increase of 26.7%), Brazil (2.743 million tons, minus 11.7%) and Turkey (2.685 million tons, less by 19.4%).
According to the results of September, Ukraine, like the Czech Republic, is in 32nd position with 340 thousand tons of steel (80% less by September 2021). In August this year, the country produced 366 thousand tons of steel, in July – 281 thousand tons of steel, in June – 295 thousand tons, in May – 308 thousand tons, in April – 281 thousand tons, in March – 200 thousand tons, in February – 1.374 million tons, in January – 1.851 million tons.
In general, in September of this year, steel production in the world increased by 3.7% compared to the same period last year – up to 151.686 million tons.
For the nine months of 2022, the top ten steel-producing countries are as follows: China (780.830 million tons, a decrease of 3.4%), India (93.275 million tons, an increase of 6.4%), Japan (67.817 million tons, a decrease by 6%), USA (61.469 million tons, minus 4.3%), Russian Federation (54.6 million tons, decrease by 6%), South Korea (50.543 million tons, minus 4.4%), Germany (28.246 million tons, minus 6%), Turkey (27.298 million tons, a decrease of 9.3%), Brazil (25.869 million tons, a decrease of 5.3%) and Iran (22.202 million tons, an increase of 9.3%). ,eight%).
Ukraine, following the results of nine months of this year, retained the 22nd place with the production of 5.526 million tons of steel (minus 66.1%).
In general, in January-September 2022, 64 countries produced 1 billion 405.185 million tons of steel, which is 4.3% less than in the same period in 2021.
As reported, for 2021, the top ten steel-producing countries looked like this: China (1 billion 32.790 million tons, a decrease of 3%), India (118.134 million tons, an increase of 17.8%), Japan (96.334 million tons, + 14.9%), USA (86.012 million tons, +18.3%), Russian Federation (75.970 million tons, +6.1%), South Korea (70.556 million tons, +5.2%), Turkey (40.360 million tons, +12.7%), Germany (40.066 million tons, +12.3%), Brazil (36.039 million tons, +14.7%) and Iran (28.460 million tons, -1.8%).
This was followed by Italy (24.4 million tons, up 19.7%), Vietnam (23.560 million tons, +4.8%), Taiwan (China, 23.250 million tons, +10.9%), Ukraine (21.366 million tons, +10.9%). tons, +3.6%) and Mexico (18.4 million tons, +9.5%).
In general, in 2021, 64 countries produced 1 billion 911.945 million tons of steel, which is 3.6% more than in 2020.

Ukraine cuts steel production now in 35th place in Worldsteel rating

Ukrainian metallurgical enterprises in July this year reduced steel production by 85% compared to the same period in 2021, to 281,000 tonnes, taking 35th place in the ranking of 64 countries – the world’s main producers of this product, compiled by the World Steel Association (Worldsteel).
According to Worldsteel data released on Tuesday, in July 2022, a decrease in steel production was recorded in most countries of the top ten, except for India and Iran, versus July 2021.
The top ten steel-producing countries in July are as follows: China (81.430 million tonnes, a decrease of 6.4% compared to July 2021), India (10.070 million tonnes, an increase of 3.2%), Japan (7.326 million tonnes , less by 8.5%), the USA (7.002 million tonnes, less by 6.4%), South Korea (6.086 million tonnes, less by 0.6%), Russia (5.5 million tonnes, less by 13.2%), Germany (2.972 million tonnes, less by 2%), Brazil (2.823 million tonnes, less by 8.7%), Turkey (2.684 million tonnes, less by 20.7%) and Iran (2.012 million tonnes, an increase of 34.1%).
Ukraine is in 35th position with 281,000 tonnes of steel (85% less by July 2021). In June this year, the country produced 295,000 tonnes, in May – 308,000 tonnes, in April – 281,000 tonnes, in March – 200,000 tonnes, in February – 1.374 million tonnes, and in January – 1.851 million tonnes.
In general, in July this year, steel production in the world decreased by 6.5% compared to the same period last year, to 149.277 million tonnes.
Over seven months of 2022, the top ten steel-producing countries look like this: China (609.280 million tonnes, a decrease of 6.4%), India (73.305 million tonnes, an increase of 8%), Japan (53.322 million tonnes, a decrease of 4. 9%), the USA (48.036 million tonnes, less by 3%), the Russian Federation (41.432 million tonnes, decrease by 7%), South Korea (39.918 million tonnes, less by 3.4%), Germany (22.532 million tonnes, less by 5.1%), Turkey (21.639 million tonnes, a decrease of 6.9%), Brazil (20.285 million tonnes, a decrease of 3.5%) and Iran (17.394 million tonnes, an increase of 3.7%).
Ukraine, following the results of seven months of this year, took 20th place with the smelting of 4.820 million tonnes of steel (less by 62.1%).
In general, in January-July 2022, some 64 countries produced 1.102 billion tonnes of steel, which is 5.4% less than in the same period in 2021.

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Metinvest cuts steel production by 45%

According to the results of January-June this year, Metinvest reduced steel production by 45% compared to the same period last year, to 2.412 million tonnes, according to a press release from the parent company Metinvest B.V. on Wednesday.
According to the report, the production of pig iron decreased 49%, to 2.252 million tonnes, coke fell by 55%, to 1.075 million tonnes.
At the same time, in connection with the start of a large-scale military aggression of the Russian Federation against Ukraine, from February 24, 2022, Metinvest decided to halt the manufacturing activities of its assets in Mariupol, Avdiyivka and Zaporizhia. The group’s Zaporizhia enterprises resumed their production operations later.
The group’s facilities in Mariupol and Avdiyivka have been affected by hostilities.
In the second quarter, iron and steel production amounted to 424,000 tonnes and 450,000 tonnes, respectively, which is 77% lower than in the previous quarter. In general, in the first half of 2022, the production of iron and steel amounted to 2.252 million tonnes and 2.412 million tonnes, respectively, which is 49% and 45% lower than the same period last year. The lack of production from the Mariupol steelmakers since the end of February 2022 was partly compensated by production volumes at Kamet Steel.
In addition, in the second quarter of 2022, the production of merchant semi-finished products decreased by 52% compared to the previous quarter, to 249,000 tonnes, largely due to a slump in hot metal production. In the first half of 2022, the production of merchant semi-finished products decreased by 47%, to 771,000 tonnes. This was partly compensated by the output of merchant billets at Kamet Steel, the effect of which in H1 2022 was 444,000 tonnes.
In the second quarter of 2022, the production of finished products decreased by 72% compared to the previous quarter, to 414,000 tonnes. At the same time, the production of flat products decreased by 946,000 tonnes, to 167,000 tonnes, because of the lack of production from the Mariupol steelmakers since late February 2022 and the shutdown of the Italian re-rolling plants for a scheduled maintenance in May 2022 in the absence of stable slab supplies. Production of long products decreased by 81,000 tonnes to 247,000 tonnes because of a production decline at Kamet Steel, irregular deliveries of billets from Kamet Steel to Promet Steel in Q2 2022, and the lack of production at Azovstal since the end of February 2022.
In the first half of 2022, the production of finished products decreased 46% compared to the same period last year, to 1.884 million tonnes. At the same time, the production of flat products decreased 1.658 million tonnes, to 1.281 million tonnes, the production of long products increased by 125,000 tonnes, to 575,000 tonnes following the acquisition of re-rolling facilities by Kamet Steel, which fully compensated the lack of Azovstal’s volumes since the end of February 2022 and the lower output at Promet Steel given the aforementioned reasons.
The production of rail products fell by 2,000 tonnes to 10,000 tonnes, pipe products – by 62,000 tonnes to 18,000 tonnes.
The output of the group’s coke-making assets has been affected by the war in Ukraine. Thus, in the second quarter of 2022, coke production decreased 63% compared to the previous quarter, to 292,000 tonnes, and in the first half of 2022 it fell by 55% compared to the same period last year, to 1.075 million tonnes.

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UKRAINE CUTS STEEL PRODUCTION BY 3.3%

Ukraine reduced steel production by 3.3% in October 2021 compared to the same period in 2020, and by 6.2% compared to the previous month, to 1.599 million tonnes, down from 13th in 14th place in the ranking of 64 countries – the major world producers of these products, compiled by the World Steel Association (Worldsteel).In October 2021, an increase in steel production compared with October 2020 was recorded in most of the top ten countries, except for China and South Korea.The top ten steel-producing countries in October 2021 was as follows: China (71.580 million tonnes, a 23.3% drop compared to October 2020), India (9.793 million tonnes, an increase of 2.4%), Japan (8.224 million tonnes, an increase of 14.3%), the United States (7.501 million tonnes, an increase of 20.5%), the Russian Federation (6.06 million tonnes, an increase of 0.5%), South Korea (5.8 million tonnes, a decrease of 1%), Germany (3.655 million tonnes, an increase of 7%), Turkey (3.464 million tonnes, an increase of 8%), Brazil (3.150 million tonnes, an increase of 10.4%) and Italy (2.210 million tonnes, an increase of 4.2%).They are followed by Iran (2.190 million tonnes, a decrease of 15.3%), Taiwan (China, 1.950 million tonnes, an increase of 16.6%), Vietnam (1.888 million tonnes, an increase of 6.8%), Ukraine (1.599 million, a decline of 3.3%) and Mexico (1.550 million tonnes, 0.2% more).In general, in October this year, steel production decreased by 10.6% compared to the same period last year, to 145.666 million tonnes.In January-October 2021, the top ten steel-producing countries was the following: China (877.050 million tonnes, a decrease of 0.7%), India (96.932 million tonnes, an increase of 20.6%), Japan (80.357 million tonnes, an increase of 17.5%), the United States (71.717 million tonnes, 19.6% more), Russia (62.503 million tonnes, an increase of 5.7%), South Korea (58.667 million tonnes, an increase of 5.9%), Germany (33.561 million tonnes, an increase of 15.1%), Turkey (33.333 million tonnes, an increase of 14.2%), Brazil (30.320 million tonnes, an increase of 19.1%) and Iran (22.374 million tonnes, a decrease of 5.7%).They are followed by Italy (20.720 million tonnes, an increase of 23.9%), Vietnam (19.684 million tonnes, an increase of 27.5%), Taiwan (China, 19.188 million tonnes, an increase of 11%), Ukraine (17.893 million tonnes, 5.4% more) and Mexico (15.557 million tonnes, 12.8% more).In January-October 2021, 64 countries produced 1.607 billion tonnes of steel, which is 5.9% more than in the same period last year.

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INTERPIPE INCREASES STEEL PRODUCTION BY QUARTER

The electric steelmaking complex Interpipe Steel of the international vertically integrated pipe and wheel company Interpipe (Dnipro) in January-September of this year increased steel production, according to recent data, by 25.7% compared to the same period last year, to 727,400 tonnes from 578,500 tonnes.
As the company told Interfax-Ukraine, 97,000 tonnes of steel were produced in September.
Interpipe is a Ukrainian industrial company, a manufacturer of seamless pipes and railway wheels. The company’s products are supplied to more than 80 countries all over the world through a chain of commercial offices located in the CIS, Europe, the United States and the Middle East.
The company includes five industrial assets: Interpipe Nyzhniodniprovsky Pipe Rolling Plant, Interpipe Novomoskovsk Pipe Plant, Interpipe Niko-Tube, Dnipropetrovsk Vtormet and Dniprostal Steel Complex under the Interpipe Steel brand.

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