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Donbass metallurgical production increased by 36% in November

Ukraine / Ferrous metallurgy

A significant increase in production in November 2020 compared to the same month of the previous year was achieved against the background of a low comparison base.

Donbass metallurgical production increased by 36% in November

In November 2020, compared to November 2019, the volume of production in metallurgical production and the production of finished metal products of the Donetsk region of Ukraine (excluding part of the temporarily occupied territory) increased by 35.7%, reports Main Department of Statistics in Donetsk region.

A significant increase in production in November 2020 compared to the same month of the previous year was achieved against the background of a low comparison base, since in November 2019 there was a significant decline due to a deteriorating situation in the markets for the sale of ferrous metals and repair of the main metallurgical units.

In November 2020, a gradual recovery in demand also continued, which declined under quarantine conditions imposed by the coronavirus pandemic, and a seasonal increase in electricity production was observed.

The volume of production in November 2020 increased compared to October in metallurgical production and production of finished metal products by 6.1%, while for 11 months of 2020 compared to the same period in 2019, the volume of production increased in metallurgical production and production finished metal products by 4.7%.

In general, the industrial production of Donetsk region in January-November 2020 compared with January-November 2019 decreased by 6.0%. At the same time, in November, the volume of production increased by 2.5% compared to the previous month, and by 20.9% against November 2019.

МЕТАЛЛУРГПРОМ
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