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Ukraine retains 23rd place in Worldsteel rating by volume of steel production in 2M

Ukraine has retained the 23rd place in the rating of the international association Worldsteel by the volume of steel production in in the first two months of 2024.

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

According to the results of production in the first two months of 2024, Ukraine took the 23rd position among 71 steel-producing countries with a result of 1.08 million tons, which is 52% higher than the figure for the same period in 2023.

The first place traditionally belongs to China: Chinese metallurgists smelted 167.96 million tons of steel in 2M, up 1.6% year over year.

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China's share in world steel production is 54.9%.

Second place belongs to India (production increased by 10% to 24.5 million tons), third place to Japan (decrease by 0.5% to 14.1 million tons), fourth place to the United States (decrease by 2.6% to 13 million tons), fifth - russia (decreased by 3.2% to 11.7 million tons), sixth - South Korea (increased by 0.2% to 10.8 million tons), seventh – Turkiye (increased by 34 .5% to 6.3 million tons), eighth - Germany (increased by 0.4% to 5.9 million tons), ninth - Brazil (increased by 2% to 5.3 million tons), tenth - Iran (increased by 26.5% to 4.8 million tons).

World steel production in the first two months of 2024 amounted to 306.2 million tons, which is 2.77% higher than the figure for the same period in 2023.

As the Ukrainian News agency earlier reported, Ukraine took 23rd place in the Worldsteel ranking in terms of steel production in 2023.

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