Home / Main / Steel production in Ukraine in January 2020 rose by 13.3%

Steel production in Ukraine in January 2020 rose by 13.3%

Main / Ukraine

a Sharp drop in the production of steel and cast iron, began in October last year, in January, switched to growth, but the market still see no reason for optimism.

Steel production in Ukraine in January 2020 rose by 13.3%

At pre data of Enterprises "Ukrmetallurgprom", in January 2020, the Ukrainian metallurgical enterprises produced of 1.80 million tons of steel, which is 13.3% higher than in December 2019, but 2.7% less than in January 2019. The production of iron increased in comparison with the previous month by 5.5%, but decreased year-on-year by 5.1%, to 1.70 million tonnes, while production of rolled products increased compared with December by 12.5% and 4% compared to January 2018 to 1.63 million tons.

In 2019 the mining and metallurgical enterprises of Ukraine was smelted 20,848 million tons of steel, which is 1.2% less than in 2018.

as of January 15, 2020, from the current major production facilities were in service: 16 out of the 21 blast furnaces, 8 open hearth furnaces of 9, 11 of the 16 converters, 5 of the 15 furnaces and 15 of 15 machinery billet continuous casting.

In late January, President OP "Ukrmetallurgprom" Alexander Kalenkov savilin the immediate future expectations of the market is rather pessimistic.

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