Ukraine’s mining & metals sector may increase production

According to Ukrmetallurgprom, in July, Ukrainian mining & metals companies may increase production of pig iron by 1.8%, up to 1.8 million tons, and steel rolled products by 13.3%, up to 1.7 million tons, compared to the same period of the last year.

According to the company’s website, steel production is likely to remain almost at the level of May 2018, or 1.8 million tons.

As reported by Ukrmetallurgprom, in May, Ukrainian plants increased production of steel rolled products by 6% compared to April, up to 1.74 million tons. Production of pig iron decreased by 9%, down to 1.7 million tons, while production of steel by 6%, down to 1.8 million tons.

In January to May, companies of the mining & metals sector increased steel production by 7%, up to 9.3 million tons; steel rolled products — by 3%, up to 7.9 million tons; and pig iron — by 2%, up to 8.7 million tons, compared to the same period of the previous year.

To date, 16 out of 21 blast furnaces, 7 out of 9 open-hearth furnaces, 11 out of 16 BOFs, 5 out of 15 electric-arc furnaces, and 15 billet continuous casting machines are in operation.

As reported earlier, Ukrmetallurgprom expects steel production to grow by 12% and production of steel rolled products by 9.6% in May.

Ukraine’s mining & metals sector reduced the output of steel and steel rolled products in April