Business news from Ukraine

UKRAINE CUTS STEEL PRODUCTION BY 6%

10 September , 2020  

Ukrainian metal and mining enterprises in January-August 2020 decreased rolled steel output 1.5% year-over-year, to 12.337 million tonnes.
According to the Ukrmetallurgprom association, steel smelting fell by 6.2%, to 13.742 million tonnes, cast iron output by 0.9%, to 13.599 million tonnes.
In August 2020, Ukrainian metal companies produced 1.69 million tonnes of rolled steel, 1.887 million tonnes of steel, and 1.858 million tonnes of cast iron.
As reported, Ukrainian metal and mining enterprises in 2019 cut rolled steel output by 1% year-over-year, to 18.4 million tonnes. Steel smelting fell by 1%, to 20.8 million tonnes, cast iron output by 2%, to 20 million tonnes.

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