In the first half of 2024, Ukraine increased production of steel by 37% and cast iron by 22%. China remains the world’s leading iron and steel smelter.
Ukraine rose to 13th place in the ranking of the largest cast iron producing countries and to 21st place in the list of the largest steel producers. In the first half of 2024, Ukraine increased production of steel by 37% and cast iron by 22%. This was reported by Ukrmetallurgprom.
Steel production in Ukraine during the reporting period increased by 36.96% – up to 3.87 million tons.
In general, the global production of pig iron in the first half of the year decreased by 1.79%, up to 704 million tons, steel – by 0.01%, up to 954.7 million tons.
It was noted that the global steel production in January-June 2024 was 954.62 million tons, which was 0.01% lower than in January-June 2023 (954.74 million tons).
China remains the world leader in terms of iron and steel smelting rates. The share of Chinese cast iron in global production for the 6 months of 2024 is 61.9%, and steel – 55.6%.
Remind you that in Ukraine in January-May, steel production reached 3.14 million tons. This is 31.2%, or 747 thousand tons, higher compared to the same period last year.
As reported, last year Ukraine rose from 26th to 25th place in the Worldsteel global ranking.
Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.