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Production of crude steel in Ukraine has decreased

Ukraine's crude steel production fell 46% year-on-year in the first four months of 2023.

Production of crude steel in Ukraine has decreased

Ukraine produced 1.81 million tonnes of crude steel in the first four months of 2023, a 46% year-over-year decline. The fourth-largest steel plant in Ukraine and a member of the Metinvest Group, Zaporizhstal, produced about 647,000 tons of steel at the same time, a 10.3% decrease from the previous year.

In April, steel production in Ukraine amounted to 574,000 tons, an increase of 8.9% from the previous month. In the meantime, April saw a 16.7% m/m increase in iron production, reaching about 544,000 tons.

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