Ukraine’s metallurgical production up by one-third in Q1 2024

Ukraine’s metallurgical production up by one-third in Q1 2024

In the first quarter of 2024, Ukrainian metallurgical enterprises increased production volumes by about one-third compared to the same period last year.

The relevant statement was made by Ukrmetalurgprom Association of Enterprises, an Ukrinform correspondent reports.

In particular, the production output of pig iron reached 1.59 million tonnes in January-March 2024, which is 32.1% higher compared to the same period last year. Additionally, Ukrainian metallurgical enterprises produced 1.69 million tonnes of steel (+36.6% compared to January-March 2023) and 1.39 million tonnes of rolled metal (+35.5%).

Meanwhile, in March 2024, Ukrainian metallurgical enterprises produced 538.2 thousand tonnes of pig iron (+8.5% compared to March 2023), 610.9 thousand tonnes of steel (+14.8%), and 488.7 thousand tonnes of rolled metal (+9.2).

A reminder that, according to Ukrmetalurgprom Association of Enterprises, all domestic metallurgical enterprises are planning to increase production volumes by 10-15% in 2024.

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