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23.01.2012

Ukrainian finished steel output to drop slightly in February

According to the Ukrainian association of metal producers Metallurgprom, in February this year Ukraine crude steel production will rise by 1.1% compared to December 2011 to 2.790 million tonnes.

According to Metallurgprom forecast, pig iron output in Ukraine will total 2.350 million tonnes in February down by 1.01% compared to December while production of rolled steel is expected to be 2.5 million tonnes down by 1.96% compared to December.
In 2011, Ukraine registered 3% growth in its finished steel product output to 31.677 million tonnes, a 6% increase in its crude steel output to 34.689 million tonnes and a 6% rise in its pig iron production to 28.879 million tonnes all compared to 2010.

In December alone, Ukraine produced 2.550 million tonnes of finished steel products down by 3.1%MoM, 2.759 million tonnes of crude steel down by 4.1%MoM and 2.374 million tonnes of pig iron down by 1.9%MoM.

In January this year, Ukraine expects to produce 2.510 million tonnes of finished steel products, 2.820 million tonnes of crude steel and 2.370 million tonnes of pig iron.



Sourced from SteelOrbis