Synopsis
In September 2023, Ukrainian metallurgical enterprises saw a 3.4% increase in the production of rolled steel, totaling 523,000 metric tons. However, steel and pig iron production experienced declines of 7.3% and 9% respectively. This data reflects the ongoing dynamics in Ukraine's steel industry, contributing to its overall production volumes in 2023.
Article
Ukraine's metallurgical sector has witnessed intriguing developments in September 2023. According to data from Ukrmetalurgprom, the country's metallurgical enterprises displayed a 3.4% growth in the production of rolled steel, reaching 523,000 metric tons for the month.
However, the same period saw a contrasting trend in steel and pig iron production, with steel output declining by 7.3% to 558,200 metric tons and pig iron experiencing a 9% drop to 486,600 metric tons.
For the broader perspective, the accumulated figures for January-September 2023 showcase a steel smelting volume of 4.59 million metric tons, accounting for 83.1% of the production volume for the same period in 2022. Pig iron production reached 4.39 million metric tons, equivalent to 80.5% of the previous year's production, while rolled products amounted to 3.93 million metric tons, representing 83.0% of the previous year's output.
These statistics underline the fluctuations within Ukraine's metallurgical industry and its resilience in the face of various challenges.
Conclusion
Ukraine's metallurgical sector demonstrated resilience and adaptability in September 2023, with a notable 3.4% increase in rolled steel production. This growth counterbalanced declines in steel and pig iron output, showcasing the sector's ability to navigate changing circumstances. The ongoing dynamics in the industry reflect its ongoing evolution and its vital role in Ukraine's economy.
Source: Steelguru
|
