Ukraine’s steel production increased by 30.8% year-on-year from January to August

On September 11th, the Ukrainian Steel Industry Association (Ukrmetalurgprom) announced that Ukraine's crude steel production from January to August reached 5.27 million tons, a year-on-year increase of 30.8%. This indicates that Ukraine's exports through the Black Sea continue to expand, with most of them going to China S355 Grade C steel.

The association cited preliminary data stating that pig iron production reached 4.73 million tons, an increase of 21.1% year-on-year; The steel rolling production reached 4.32 million tons, a year-on-year increase of 26.6%.

In August, Ukraine's steel production was 690700 tons, a year-on-year increase of 14.7%; The production of pig iron was 643600 tons, a year-on-year increase of 20.7%; The steel rolling output was 589300 tons, a year-on-year increase of 16.3%.

Despite the severe S355 Grade C steel shortage of electricity and workers caused by geopolitics in Ukraine, strong exports have boosted the country's steel and pig iron production.

Since March, over 11 gigawatts of power generation capacity have been destroyed, accounting for over 40% of Ukraine's total power generation capacity.

Zaporizhstal, owned by Ukraine's largest miner and steel manufacturer Metinvest, is the country's second-largest steel mill. From January to August, the steel production of the mill was 1.97 million tons, a year-on-year increase of 31.6%; The production of pig iron was 2.05 million tons, a year-on-year increase of 23%; The production of rolled S355 Grade C steel metal was 2.05 million tons, a year-on-year increase of 32.7%.