Steel production down 22.3% to 4 million tons in 8M

In January-August 2023, steel production decreased by 22.3% or 1,154,000 tons to 4,032,000 tons compared to the same period last year.

This is stated in the information published on the website of the Ukrmetalurgprom association of metallurgical enterprises, Ukrainian News Agency reports.

For the first eight months of 2023, compared to the same period last year, the production of pig iron decreased by 24.1%, or 1,242,000 tons, to 3.908 million tons, the production of rolled products - by 23.9%, or 1,071,000 tons, to 3.406 million tons.

As the Ukrainian News Agency earlier reported, in 2022, steel production decreased 3.4 times, or by 15,103,000 tons, year over year to 6,263,000 tons.

Also, in 2022, pig iron production decreased 3.3 times, or by 14,774,000 tons, year over year to 6,391,000 tons, and the production of rolled products - 3.6 times, or by 13,729,000 tons, to 5,350,000 tons.