Ukraine lost position in the ranking of steel producers due to the war.
Monday, July 25, 2022
Due to the Russian invasion, Ukraine’s steel production was reduced by almost 60%. In the first half of the year, Ukraine produced only 4.5 million tons, last year during the same period, it was nearly 11 million tons, writes Ukrmetalurgprom. As a result of the decline, Ukraine dropped out of the top twenty steel producers, dropping behind Egypt and Saudi Arabia. Cast iron production in Ukraine also decreased by almost 60%. With a volume of 4.5 million tons, Ukraine ranks 13th among 40 producing countries.