Ukraine produced 3.4 million tons of cast iron and improved in the world rankings.

Thursday, August 24, 2023
Ukraine produced 3.4 million tons of cast iron and improved in the world rankings.

Ukraine’s iron production rose from the seventeenth to the sixteenth position in the global ranking of 40 iron-producing countries, according to Worldsteel. Since the beginning of the year, these global metallurgical enterprises have produced 838.4 million tons of iron, which is 1.9% higher than the figure for the first seven months of 2022. First place belongs to China, whose metallurgists smelted 528.92 million tons of pig iron (+3.5%). The share of Chinese pig iron in global production in January-July was 63.1%.

As for steel, Ukraine retained the twenthy-fifth position among 64 countries with a production volume of 3.43 million tons in January-July (28.9% less than last year). World steel production for the first seven months of the current year amounted to 1.1 billion tons, which is 0.12% lower than in January-July 2022. China is also the global steel production leader, with 626.51 million tons (+2.5%).

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