World Economy

Ukraine Steel Output Down 30%

Ukraine  Steel Output Down 30%Ukraine  Steel Output Down 30%

According to the recent data, steel output in Ukraine in January-April decreased by 30% to 7.08 million tons compared to the same period last year, as the industrial production in Ukraine continues to fall, UNIAN quoted the association of ferrous metallurgy enterprises Metallurgprom as saying. According to the association’s data, the total production of rolled metal products during this period decreased by 31%, to 6.18 million tons, while output of pig iron decreased by 32%, to 6.43 million tons. Production of coke declined by 42%, to 3.29 million tons over the first four months of the current year. As UNIAN reported earlier, in 2014 steel production in Ukraine decreased by 17% on an annual basis, amounting to 27.161 million tons. The production of rolled metal products dropped by 18%, to 23.793 million tons, and pig iron output fell by 15%, to 24. 81 million tons.