Ukrainian association of metallurgical companies Ukrmetallurgpro has announced that Ukraine’s hot metal production fell by 70% YoY to 6.39 million tonnes, crude steel production fell by 71% YoY in 2022 to 6.26 million tonnes and rolled steel output fell by 72% YoY to 5.35 million tonnes because of Russia’s invasion and the destruction of leading steel plants. Ukraine used to be a major steel producer and exporter in the world. In 2021, steel output rose by 3.3% to 21.3 million tonnes.Ukraine's metallurgical enterprises faced a series of challenges last year due to the Russia-Ukraine conflict, including the destruction of production facilities, the disruption of the supply of raw materials and the shipment of goods to consumers, and the outflow of workforce.Before the conflict, metallurgy was one of the key sectors in the Ukrainian economy, generating 12-15% of the country's gross domestic product.
Ukrainian association of metallurgical companies Ukrmetallurgpro has announced that Ukraine’s hot metal production fell by 70% YoY to 6.39 million tonnes, crude steel production fell by 71% YoY in 2022 to 6.26 million tonnes and rolled steel output fell by 72% YoY to 5.35 million tonnes because of Russia’s invasion and the destruction of leading steel plants. Ukraine used to be a major steel producer and exporter in the world. In 2021, steel output rose by 3.3% to 21.3 million tonnes.Ukraine's metallurgical enterprises faced a series of challenges last year due to the Russia-Ukraine conflict, including the destruction of production facilities, the disruption of the supply of raw materials and the shipment of goods to consumers, and the outflow of workforce.Before the conflict, metallurgy was one of the key sectors in the Ukrainian economy, generating 12-15% of the country's gross domestic product.
