Metallurgy Market News

Steel production in Ukraine in April have fallen by 27%

According to preliminary data, the volume of steel production of the Ukrainian iron and steel companies in April has decreased on 20% in comparison with March and 27 percent compared to April last year.

According to preliminary data OP "Ukrmetallurgprom" in April 2020 metallurgical enterprises of Ukraine was smelted 1,413 million tons of steel, which is 27% less than in April 2019 and 20% less than in March. Pig iron production year-on-year decreased by 23.1% to 1,412 million tons, output of finished rolled products – by 22.9% to 1,264 million tons.

For four months, steel production in Ukraine decreased by 9.6% to 6,731 million tons, iron - by 7.6% to 6,507 million tons, production of finished metal products – by 4.8% to 5,882 million tons.

Earlier it was reported that in Ukraine by the end of 2019 has decreased steel production by 1% compared to the 2018 year - to 20,848 million tonnes, output of total rolled - also by 1% to 18,387 million tons, the smelting of cast iron fell by 2% to 20,064 million tons.