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January-October Ukraine's Steel Production Down 13%

January-October Ukraine's Steel Production Down 13%
Issue Time:2017-11-09

    Ukrainian Interfax reported on November 1, according to the Ukrainian Metallurgical Industry Association data, Ukrainian steel production in January-October reached 17.7 million tons, down 13%; rolled steel output 15.2 million tons, down 15%; pig iron - 16.4 million tons, down 17%.

    In October, pig iron production was 1.8 million tons (97% of September production), 190,000 tons (98%) of steel and 1.7 million tons (102%) of rolled steel.

    According to the data from Ukraine Metallurgical Industry Association, "The main product cuts in the first 10 months of 2017 were due to the loss of some of the production capacity in the uncontrolled territories and the underutilization of the Ukrainian railway company in the timely and adequate supply of raw materials to enterprises."

    According to preliminary estimates, production of 19.7 million tonnes of pig iron (84% in 2016), 21.2 million tonnes of steel (87% of 2016) and 18.2 million tonnes (85% of 2016) are planned for 2017.

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