Ukraine lost position in the ranking of steel producers due to the war.

Monday, July 25, 2022
Ukraine lost position in the ranking of steel producers due to the war.

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.

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