Business news from Ukraine

UKRAINE RAISES STEEL OUTPUT BY 6% IN APRIL, RANKING 13TH IN WORLDSTEEL RATING

Ukrainian metallurgical enterprises in April 2018 increased steel production by 6% compared to the same period in 2017, to 1.721 million tonnes, rising from the 14th to 13th place in the ranking of 64 countries, the world’s main manufacturers of this product, compiled by the World Steel Association (Worldsteel).
In April growth in steelmaking compared to April 2017 was recorded in most of the top ten countries, except for Japan, Germany, and Turkey.
The top ten steel producers in April are as follows: China (76.698 million tonnes, a 4.8% growth), Japan (8.723 million tonnes, a 0.4% decline), India (8.692 million tonnes, a growth of 5.6%), the United States (6.930 million tonnes, an increase of 3.6%), Russia (6.030 million tonnes, an increase of 2.4%), South Korea (5.893 million tonnes, an increase of 7.1%), Germany (3.775 million tonnes, a 1.7% decline), Turkey (2.953 million tonnes, a 3.1% decline), Brazil (2.949 million tonnes, an increase of 1.9%), and Italy (2.061 million tonnes, an increase of 3.7%).
They are followed by Iran (1.950 million tonnes, an increase of 12.4%), Mexico (1.790 million tonnes, an increase of 13.7%), and Ukraine (1.721 million tonnes, an increase of 6%).
Some 64 countries in April 2018 produced 148.322 million tonnes of steel, which is 4.1% more than in April 2017.

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