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Ukrainian steelmakers cut steel output by 0.8% in September 2017 year-over-year (y-o-y), to 1.845 million tonnes, while moving from the 11th to the 13th place in the international steelmakers rating drawn up by the World Steel Association (WSA).
Ukraine reduced steel production by 11.6% in January-September 2017 y-o-y, to 16.138 million tonnes, having slid from 12th to the 13th position in the WSA rating, the Association said.
China retained its top position in September 2017 with 71.8 million tonnes of steel (5.3% up from September 2016). It was followed by Japan (8.6 million tonnes, 2% up), India (8.2 million tonnes, 1.9% up), the United States (6.7 million tonnes, 8.6% up), Russia (6 million tonnes, 5.8% up), South Korea (5.9 million tonnes, 2.8% up), Germany (3.5 million tonnes, 8.1% up) Turkey (3 million tonnes, 13% up), Brazil (2.96 million tonnes, 7.6% up), and Italy (2.2 million tonnes, 8.3% up).
In general, the 67 countries ranked by the WSA increased steel output by 5.6% in September 2017 y-o-y, to 141.4 million tonnes.
China traditionally retained its top position in the ranking in January-September 2017 with 638.7 million tonnes of steel (a 6.3% increase y-o-y).
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A total of 67 countries ranked by the WSA boosted steel production by 5.6% in the nine months of 2017 y-o-y, to 1.267 million tonnes.
As UNIAN reported earlier, Ukraine increased steel output by 5.5% in 2016 against 2015, to 24.2 million tonnes, having kept the tenth place in the international steelmakers 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 tenth 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 tenth position in the industry rating in 2015.