Ukraine rose to the top 10 net pig iron exporters, consumption increased by 21%
By the end of 2024, Ukraine produced 7.1 million tons of pig iron, of which 1.3 million tons were exported. The apparent consumption of pig iron increased to 5.8 million tons, which is 21% more than in 2023 (4.8 million tons).
In the world ranking of net pig iron exporters, Ukraine rose to 10th place with a result of 3.4 million tons, while in 2023 it took 12th place with 2.2 million tons.
Despite the positive dynamics in the production and export of pig iron, Ukraine retains its position outside the top 20 steel exporters, a status it lost after 2021, when it exported 15.7 million tons of steel products and was ranked 10th in the world.