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Ukraine in 2020 got into the TOP-10 of world pig iron producers

Ukraine / Ferrous metallurgy

The main export markets of Ukrainian metal products in January-December 2020, according to V.S.K. GROUP, are the countries of the European Union (28.5%), other European countries (14.5%) and Asian countries (14.2%).

Ukraine in 2020 got into the TOP-10 of world pig iron producers

According to the World Steel Association Worldsteel, Ukraine ranked ninth in 2020 in the ranking of global iron producers with a result of 20.42 million tons or 101.8% compared to January-December 2019.

In just 12 months of 2020, metallurgical enterprises of the countries of the world smelted 1 billion 385.94 million tons of pig iron, of which 1 billion 299.35 million tons by the blast furnace method and 86.59 million tons by the direct reduction method. This is 0.93% less than the same period in 2019.

The decline in global pig iron production was primarily caused by the COVID-19 pandemic.

The first place in the world belongs to the People's Republic of China, whose metallurgists smelted 887.52 million tons of pig iron in 2020, which is 4.26% more than in 2019.

Previously it was reported that at the end of 2020, Ukraine ranks 11th among 62 steel-producing countries with 20.62 million tons or 98.9% compared to January-December 2019.

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