Business news from Ukraine

UKRAINE BOOSTS OUTPUT OF ROLLED STEEL PRODUCTS BY 4%

4 September , 2018  

Ukrainian metallurgical enterprises boosted total rolled steel production by 4% in January-August 2018 year-over-year, to 12.265 million tonnes.
Steel output increased by 2%, to 14 million tonnes, that of pig iron by 7%, to 13.645 million tonnes, the Ukrmetprom Association said on Tuesday.
At the same time, relative indicators of output in January-August 2018 compared to January-August 2017 excluding two months’ work of enterprises in uncontrolled territories in eastern Ukraine were higher: the output of rolled steel increased by 8%, that of steel by 5%, and pig iron by 11%.
In August 2018, Ukraine’s metallurgy produced 1.733 million tonnes of pig iron (98% as compared to July 2018), 1.806 million tonnes of steel (99.5%), 1.515 million tonnes of rolled steel (101%).
In 2017, Ukraine reduced steel production by 12% from 2016, to 21.284 million tonnes, while production of rolled steel was 18.439 million tonnes (a 14% decline) and that of pig iron was 20.035 million tonnes (a 15% decline).

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