Industry News

Ukraine's steel production increases by 15.8% in 2024

Views : 50
Update time : 2025-01-16 21:11:08
Ukraine's steel production increased by 15.8% to 6.22 million tons in 2024 compared to the previous year. Meanwhile, the export volume also rose by 55.4% year on year, reaching 67% of total production.

Semi-finished products accounted for 46.05% of total exports in 2024, representing a year-on-year increase of 42.04%. Flat-rolled products remained stable, while long-rolled products declined from 17.69% to 14.73% over the year.

The primary export market for Ukrainian steel in 2024 was the European Union, which accounts for 70.7%, followed by Africa at 10.1% and the rest of Europe at 8.3%.
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