Industry News

Ukraine's crude steel output ranks 14th in the world in Oct

Views : 241
Update time : 2020-12-10 17:18:57
According to the World Steel Association (worldsteel), in October 2020, Ukraine's crude steel output increased by 5.9% year-on-year to 1.65 million tons, and its global ranking dropped from 13th to 14th.

The country with the largest global steel output in October was still China with 92.2 million tons, a year-on-year increase of 12.7%, followed by India's 9.1 million tons, up by 0.9% year-on-year. Japan had 7.2 million tons, down by 11.7% year-on-year; the United States had 6.14 million tons, down by 15.3% year-on-year; Russia had 6.1 million tons, up by 4.3% year-on-year; South Korea had 5.9 million tons, down by 1.8% year-on-year.

Ukraine's crude steel output from January to October this year fell by 5.5% year-on-year to 17 million tons.

From January to October of 2020, crude steel production in 64 countries declined by 2% year-on-year to 1.5 billion tons.
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices