Ukraine Takes 31st Place In Worldsteel Rating By Volume Of Steel Production In 2M

Ukraine took 31st place in the rating of the Worldsteel international association by the volume of steel production in January-February.

This is stated in the message of the Ukrmetalurgprom association of metallurgical enterprises, Ukrainian News Agency reports.

According to it, according to the results of production in January-February, Ukraine took the 31st position among 64 countries - producers of steel with a result of 0.71 million tons, which is 4.8 times lower than the indicator of January-February 2022.

The first place traditionally belongs to China: Chinese metallurgists smelted 168.70 million tons of steel in January, which is by 5.6% higher than in January-February 2022.

China's share in world steel production is 56.7%.

The second place belongs to India (production increased by 1.1% to 14.1 million tons), the third place - to Japan (decrease by 6.1% to 14.1 million tons), the fourth place - to the USA (decrease by 5.7% to 12.6 million tons), the fifth - to Russia (decreased by 5.4% to 11.7 million tons), the sixth - to South Korea (decreased by 1.1% to 11.1 million tons), the seventh - to Germany (decreased by 8.6% to 5.9 million tons), the eighth - to Brazil (decreased by 5.8% to 5.3 million tons), the ninth - to Iran (decreased by 21.1% to 5.1 million tons), the tenth - to Turkey (decreased by 23.1% to 4.7 million tons).

World steel production in January-February amounted to 297.79 million tons, which is by 0.79% lower than in January-February 2022.

As Ukrainian News Agency earlier reported, Ukraine took 24th place in the ranking of the Worldsteel international association in terms of steel production in 2022.