Ukrainian steel industry shows fastest growth worldwide in 2024
www.pravda.com.ua
Fri, 24 Jan 2025 16:06:12 +0200
Ukraine demonstrated the fastest growth rates in the world for pig iron production 18 and steel production 21 in 2024.
Source Ukrmetprom, an association of enterprises in the Ukrainian metallurgical industry, citing Worldsteel Details In total, 1.83 billion tonnes of steel were produced worldwide, a 0.91 decrease.
With 1.005 billion tonnes of steel produced, China continued to lead globally, although with a 1.7 decrease in comparison to 2023.
China now accounts for 54.6 of the worlds steel production. The amount of pig iron produced worldwide decreased by 2.3, to 1.39 billion tonnes.
With 851.7 million tonnes, a 2.3 drop from the year before, China led this industry as well.
China accounted for 61.2 of the worlds pig iron productio Global pig iron production dropped by 2.3, amounting to 1.39 billion tonnes.
China also led in this sector, with 851.7 million tonnes, a 2.3 decrease compared to the previous year.
Chinas share of global pig iron production stood at 61.2.
Background Ukraine has risen from 15th to 14th place among 40 pig ironproducing countries in the first 5 months of 2024.
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