Ukraine slides in World Steel Association's rating to 13th place in Sept

Steel production in the country in September 2019 fell by 2.3%, to 1.745 million tonnes.

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Ukraine in September 2019 slid from the 11th to 13th place in the World Steel Association's rating of global steelmakers.

Ukrainian iron and steel enterprises reduced steel production by 2.3%, to 1.745 million tonnes in September 2019 year-over-year.

In September 2019, China traditionally retained its leadership in the ranking of world steel producers, having produced 82.77 million tonnes (an increase by 2.2% compared to September 2018). It is followed by India (8.96 million tonnes, 1.6% up), Japan (8 million tonnes, 4.5% down), the United States (7 million tonnes, 2.5% down), South Korea (5.69 million tonnes, 2.7% down), Russia (5.58 million tonnes, 4.1% down), Germany (3.35 million tonnes, 4% down), Turkey (2.7 million tonnes, 6.9% down), Brazil (2.4 million tonnes, 22% down), Italy (2.2 million tonnes, 1.1% up), Iran (2.1 million tonnes, 3.2% up), and Taiwan (1.8 million tonnes, 2% down).

Read alsoUkraine climbs to 11th place in WSA steelmakers rating in Aug

In total, the 64 countries included in the WSA rating reduced steel production by 0.3%, to 151.5 million tonnes in September 2019 compared to September 2018.

In January-September 2019, Ukraine increased steel production by 3.9% year-over-year, to 16.4 million tonnes, retaining its 13th place in the global steelmakers' ranking.

As UNIAN reported earlier, Ukrainian steelmakers cut steel output by 1.1% in 2018 against 2017, to 21.1 million tonnes, having slid from the 12th to the 13th place in the WSA rating.

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 global markets, which was most evident in 2015. However, Ukraine managed to keep its 10th position in the industry rating in 2015 and 2016.

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