Steel production in Ukraine rises after six-month decline
Monday, 10 February 2025, 20:31
Ukrainian metallurgical companies increased steel and cast iron production in January 2025.
Source: Ukrmetallurgprom, a Ukrainian association of metals companies
Details: Daily steel production reached 19,700 tonnes, compared to 17,600 tonnes in December. This is the best result since June 2024, when production reached 24,500 tonnes.
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In January, total steel production rose by 12% compared to December, reaching 611,000 tonnes. Cast iron output increased by 5% to 595,000 tonnes. However, rolled steel production declined by 0.2% to 480,000 tonnes.
Compared to January 2024, steel production increased by 12.3%, cast iron by 7.2%, and rolled steel by 6%.
Background:
- Between January and November 2024, Ukrainian metallurgical companies produced 7.03 million tonnes of steel, 23% more than in the same period of the previous year. However, production volumes have been declining for six consecutive months.
- Ukraine has moved up from 21st to 20th place in the ranking of the world's 71 largest steel producers.
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