Ukraine’s mining & metals sector cut steel production by 3.4%

In January–March, Ukrainian metals & mining companies cut steel production by 3.4% to 5.32 million tons compared to the same period of the previous year,

according to the updated statistics of Ukrmetallurgprom.

Production of rolled products in January–March grew by 1.8% to 4.6 million tons, while production of pig iron decreased by 2.2% to 5.10 million tons.

Over the three months, Ukrainian metals & mining companies increased production of iron ore concentrate by 3.2% to 16.1 million tons, but decreased production of:

• sinter ore — by 0.4% to 7.86 million tons;
• iron ore pellets — by 6.7% to 5.09 million tons;
• coke — by 6.5% to 2.44 million tons;
• pipes — by 25.4% to 211.7 thousand tons.

14 out of 21 blast furnaces, 4 out of 8 open-hearth furnaces, 11 out of 16 BOFs, 5 out of 15 electric-arc furnaces, and 15 out of 16 continuous casting machines are currently in operation.

As reported earlier, in 2019, Ukrainian mining & metals companies reduced steel production by 1.2% to 20.85 million tons. Production of pig iron fell by 2% to 20.6 million tons, and rolled products by 0.9% to 18.2 million tons compared to 2018.