Ukrainian steelmakers produced 4.2 million tons of steel in January-May

In January-May 2022, Ukrainian steel plants reduced steel production by 47.2% compared to January-May 2021, to 4.24 million tons, according to the data from Ukrmetallurgprom.

Pig iron output decreased by 46.7%, to 4.15 million tons, rolled products – to 3.79 million tons.

The war in Ukraine affected steel plants, as most of them located in the East of the country. Active hostilities are now underway there. Before the invasion of the Russian Federation, mining & metals industry was Ukraine’s largest source of export earnings.

However, some of large enterprises have already restarted their work: Zaporizhstal, ArcelorMittal Kryvyi Rih and others. Unfortunately, they do not produce all the items of rolled metal that customers need. But they are working to replace products that were produced only at the destroyed Azovstal and Ilyich Iron and Steel Works in Mariupol.

According to Ukrmetallurgprom, Ukrainian steelmakers in the first quarter reduced steel production by 31% compared to the same period in 2021, to 3.64 million tons.