Ukraine’s steel industry reduced finished roll output 18% year-on-year in January-November to 24.417 million tonnes, the Industrial Policy Ministry told Interfax.

The industry cut roll output 30% year-on-year in January-August, 27% in
January-September and 23% in January-October, so the latest figures
indicate that the severe decline in the industry is still slowing.

Crude steel production plummeted 23% in the 11 months to 27.008 million tonnes and pig iron fell 20% to 23.32 million tonnes.

The country produced 1.458 million tonnes of steel pipes, down 35% year-on-year.

Iron ore concentrate production fell 7% to 49.414 million tonnes;
prepared iron ore fell 16% to 50.177 million tonnes, including pellets
- 4% to 18.495 million tonnes and sinter ore – 22% to 31.682 million
tonnes; and crude iron ore was down 12% to 59.335 million tonnes.

Ukrainian coke production fell 14% to 15.824 million tonnes.

Scrap deliveries to Ukrainian steel mills were down 27% from January-November last year to 4.099 million tonnes.

Steel industry output in Ukraine started to plummet in August last year
due to a drop in demand, particularly in October-December. Some steel
mills stopped some of their capacity. However signs of improvement have
been seen since May.

Ukraine reduced finished roll output 13% in 2008 to 31.493 million
tonnes. The country produced 37.107 million tonnes of crude steel and
30.982 million tonnes of pig iron, in both cases approximately 13% less
than in 2007. It produced 2.456 million tonnes of steel pipes in 2008,
6% less.

Iron ore concentrate production fell 7% to 56.696 million tonnes;
prepared iron ore fell 12% to 63.452 million tonnes, including pellets
- 9% to 20.401 million tonnes and sinter ore – 13% to 43.052 million
tonnes; and crude iron ore – 7% to 71.721 million tonnes.

Ukrainian coke production fell 5% to 19.465 million tonnes. Metalware
production fell 30% to 299,000 tonnes. Scrap deliveries to Ukrainian
steel mills were down 17% from 2007 to 5.824 million tonnes in 2008.

Source: KyivPost

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