Metallurgy Market News

Ten out of fifteen steel-making electric furnaces in Ukraine are idle - Ukrmetallurgprom

85% of all scrap metal brought to metallurgical plants is delivered to Ukrainian consumers as imported.

As of September 15, 2021, according to the Ukrmetallurgprom association of enterprises, of the main existing metallurgical facilities in industrial operation are: 5 out of 15 electric furnaces, 19 out of 21 blast furnaces, 7 out of 8 open-hearth furnaces, 14 out of 16 converters and 16 out of 17 continuous casting machines.

According to the information of the association, in January-August 2021, metallurgical plants of Ukraine procured 2,609 thousand tons of scrap metal (143.5% against the same period in 2020), of which 2,199 thousand tons (122.4% against January- August 2020) delivered to Ukrainian consumers as imported.

Exports of scrap metal in January-August 2021 amounted to 410 thousand tons (1 952% compared to the same period in 2020).

Ukrmetallurgprom clarified that in eight months of 2021 the country produced 14.48 million tons of pig iron (106.8%), steel - 14.59 million tons (106.6%), produced 13.01 million tons of finished rolled products (106.0%) and pipe metal products - 0.66 million tons (121.6%).