Business news from Ukraine

UKRAINE CUTS OUTPUT OF METAL PRODUCTS BY 53% DUE TO RUSSIAN INVASION

13 June , 2022  

Ukrainian metallurgical enterprises in January-May of this year reduced the production of general rolled products, according to operational data, by 52.7% compared to the same period last year, to 3.789 million tonnes.
As reported in the information of the association Ukrmetallurgprom on Saturday, for the first five months of the year, steel production fell by 52.8%, to 4.244 million tonnes, pig iron – by 53.3%, to 4.154 million tonnes.
Earlier, Ukrmetallurgprom reported that Ukraine in the first quarter of this year reduced the production of general rolled products by 34.2% compared to the same period last year, to 3.116 million tonnes, steel by 31.2%, to 3.641 million tonnes, and pig iron by 34.1%, to 3.499 million tonnes.

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