Results of production of MMC of Ukraine for 2017

In December 2017, metallurgical enterprises of Ukraine smelted 1.87 million tons of pig iron and 1.88 million tons of steel, which is 3% and 0.4% higher compared to November 2017, respectively. Rolled metal production increased by 0.7% to 1.7 million tonnes. The growth in steel and rolled metal production in December 2017 compared to November was achieved mainly due to strong results at PJSC Zaporizhstal and PrJSC MMK im. Ilyich ".

For 12 months of 2017, enterprises of the mining and metallurgical complex of Ukraine produced: 20 million tons of pig iron, which is 15% lower than the same period in 2016, 21.3 million tons of crude steel, which is 12% lower than the level of 2016 and 18.4 million tons of rolled metal, which is 14% less than the previous year.

The reduction in the total production of steel products in 12 months of 2017 is due to the loss of capacity in the uncontrolled territory, a slight drop in export prices for rolled metal in the last quarter, as well as to the provision of raw materials due to problems with the supply of Ukrzaliznytsia.