The steel and mining industries have been one of the worst affected in war-ravaged Ukraine. Latest data shows that steel production in Ukraine decreased by more than 66% in January-September 2022 over the same period last year to 5.53 million tonnes (mnt). Production of pig iron, too, fell sharply y-o-y to 5.46 mnt in the first nine months of 2022. Production of rolled steel declined by over 67% during the period to 4.73 mnt, according to the data compiled by GMK center.Pig iron production in September fell by 7.5% compared to August to 310,000 t, while steel production at 340,000 t was 7.1% lower compared to August. Although output of rolled steel products at over 250,000 t was 2.4% higher than August, rolled steel production fell by over 80% on the year in September.

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