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Ukraine steel output in 11 months down by 13 pct

Steel News - Published on Tue, 05 Dec 2017

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Reuters quoted Ukrainian steel producers’ union Ukrmetallurgprom as saying that Ukraine’s steel production in the eleven months to end November fell 13% year on year to 19.4 million tonnes. It said that steel production rose 5.5 percent in 2016 to 24.2 million tonnes as the industry picked up after a sharp drop the previous year due to the conflict in eastern Ukraine, where most of the country’s steel production is based.

Data from the producers’ union showed pig iron output fell by 16% to 18.2 million tonnes in the first eleven months of this year, while rolled steel production was down 15 percent at 16.7 million tonnes.

The union said Ukraine produced 1.87 million tonnes of steel, 1.83 million tonnes of pig iron and 1.6 million tonnes of rolled steel in November.

It has said the steel output was likely to total 21.1 million tonnes in 2017.

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Posted By : Ratan Singh on Tue, 05 Dec 2017
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