REUTERS
All the 64 countries ranked by the WSA increased steel output by 5.8% in July 2018 y-o-y, to 154.576 million tonnes.
Ukrainian steelmakers boosted steel output by 11.4% in July 2018 year-over-year (y-o-y), to 1.815 million tonnes, having slid from the 12th to the 13th place in the international steelmakers rating drawn up by the World Steel Association (WSA).
In January-July 2018, Ukraine increased steel production by 2.9%, to 12.206 million tonnes y-o-y, while moving from the 12th to the 13th place in the WSA rating.
Read alsoUkraine sees increase in steel production in seven months
China continued to top the rating in July 2018 with 81.241 million tonnes of steel (7.2% up from July 2017). It was followed by India (9 million tonnes, 8% up), Japan (8.42 million tonnes, 2% down), the United States (7.275 million tonnes, 4.5% up), South Korea (6.177 million tonnes, 0.1% up), Russia (6.17 million tonnes, 0.8% up), Germany (3.9 million tonnes, 10.9% up), Turkey (3.266 million tonnes, 2.3% down), Brazil (3.022 million tonnes, 6.7% up), and Italy (2.210 million tonnes, 3.3% up).
In total, the 64 countries ranked by the WSA increased steel output by 5.8% in July 2018 y-o-y, to 154.576 million tonnes.
China traditionally retained its top position in the ranking in January-July 2018 with 532.846 million tonnes of steel (a 6.3% increase y-o-y).
It was followed by India (61.83 million tonnes, 5.5% up), Japan (61.39 million tonnes, 0.8% up), the United States (49.334 million tonnes, 3.6% up), South Korea (42.238 million tonnes, 3.1% up), Russia (42.094 million tonnes, 2.2% up), Germany (26.355 million tonnes, 2.4% up), Turkey (22.159 million tonnes, 2.8% up), Brazil (20.214 million tonnes, 3.4% up), and Italy (15.025 million tonnes, 3.6% up).
A total of 64 countries ranked by the WSA boosted steel production by 5% in the seven months of 2017 y-o-y, to 1.039 million tonnes.
As UNIAN reported, Ukraine in 2017 slid to 12th place, reducing steel production by 6.4% against 2016, to 22.7 million tonnes.
UNIAN memo. Ukraine ranked seventh in the WSA rating 2013 in terms of steel output, having produced 30.4 million tonnes. In 2014, the country slid to the 10th place with a steel output of 27.2 million tonnes. Since 2014, two factors have affected domestic steelmakers' activities: hostilities in Donbas, where more than half of steel production facilities are located, and a decline in world prices of raw materials for metallurgy and finished products. They reduced steelmakers' revenue and toughened competition on world markets, which was most evident in 2015. However, Ukraine managed to keep its 10th position in the industry rating in 2015 and 2016.