Business news from Ukraine

UKRAINE INCREASES STEEL SMELTING BY 11% IN JAN-JUNE, CAST IRON OUTPUT BY 17%, ROLLED STEEL OUTPUT BY 12%

4 July , 2016  

KYIV. July 4 (Interfax-Ukraine) – Ukrainian metal companies tentatively increased steel production by 11% in January through June 2016 year-over-year, to 12.459 million tonnes, the Metallurgprom association of metal companies of Ukraine (Dnipro) has told Interfax-Ukraine.

Rolled steel output grew by 12% in January-June 2016, to 10.909 million tonnes and cast iron output was up by 17%, to 11.949 million tonnes.

Pipe production fell by 7%, to 398,000 tonnes, and coke output increased by 24%, to 6.489 million tonnes.

In June 2016, 1.87 million tonnes of steel, 1.59 million tonnes of rolled steel and 1.79 million tonnes of cast iron were made, as well as 70,000 tonnes of pipes and 910,000 tonnes of coke. In May 2.269 million tonnes of steel, 2.014 million tonnes of rolled steel and 2.2 million tonnes of cast iron, 70,500 tonnes of pipes and 1.125 million tonnes of coke was made.

Late May and early June some enterprises sharply decreased production due to problems with delivery of raw materials and shipment in the Anti-Terrorist Operation (ATO) zone.