SG:Ukrainian crude steel output expected to rise in April
According to Ukrainian association of metal producers Metallurgprom, in April this year Ukraine crude steel production will reach 2.88 million tonnes up by 16.9% compared to February.
According to Metallurgprom forecast, pig iron output in Ukraine will total 2.460 million tonnes in April up by 13.2% while production of rolled steel in the month is expected to be 2.580 million tonnes up by 17.5% compared to February.
In the first two months of the current year, Ukraine registered a 10% decrease in its finished steel product output to 4.745 million tonnes, a 5% decrease in its crude steel output to 5.283 million tonnes and a 1%YoY rise in its pig iron production to 4.647 million tonnes.
In February alone, Ukraine produced 2.464 million tonnes of crude steel down 12.6%, 2.174 million tonnes of pig iron down by 12% and 2.195 million tonnes of rolled steel down by 13.96%MoM.