Ukraine sees 8% decline in steel output in three months

Ukraine smelted 5.6 million tonnes of steel in January-March 2017, which was 8% down year-over-year, according to the Ukrmetprom (formerly Metallurgprom) association of Ukrainian steel producers.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

The total production of metal rolled products over the period under review also decreased by 8%, to 4.9 million tonnes, while pig iron output shrank by 14%, to 5.05 million tonnes.

Read alsoArcelorMittal Kryviy Rih almost doubles profits in 2016Coke production fell by 21% in the first three months of 2017, to 2.6 million tonnes.

As UNIAN reported earlier, Ukraine produced 24.2 million tonnes of steel in 2016, which was 6% up on 2015. Production of metal rolled products rose by 6%, to 21.41 million tonnes, while pig iron output rose by 8%, to 23.59 million tonnes. Coke output increased by 10% in 2016, to 12.73 million tonnes.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!