CIS crude steel production down 10% in March, Worldsteel says

Crude steel output in the CIS region totalled 8.34 million tonnes in March, down by 10% year-on-year, according to data published by the World Steel Assn (Worldsteel) on Tuesday April 21.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

Russia, the largest producer in the region, saw its steelmakers keep their crude steel output broadly steady year-on-year in March at 5.99 million tonnes.

The country saw its finished steel products output inch up by 1%.

But production in Ukraine, the region’s second-largest steelmaker, fell by 36% year-on-year to 1.7 million tonnes in the month.

The country also saw its rolled steel output decline by 39%.

Kazakhstan’s crude steel output rose by 15% year-on-year in March to 344,000 tonnes, while steel production in Belarus was up by 3% year-on-year to 232,000 tonnes, Worldsteel said.

What to read next
Fastmarkets advises that, as of Friday June 9, some regional ferrous scrap prices and markets have not settled for June; Fastmarkets typically settles these markets on or before the 10th of each month.
Fastmarkets proposes to amend the specifications for its weekly payable indicators for black mass in South Korea.
Learn why delayed universal definitions of green steel means pricing green steel remains a challenge
Fastmarkets has launched two new Green Steel prices for the European domestic market, starting Thursday June 8.
Learn more on why advancements in “green steel” considered unachievable in geographical isolation and require the collaboration of all stakeholders in all regions if they are to succeed.
Fastmarkets has corrected the rand fixing prices for LME-traded base metals, which were published incorrectly on Tuesday June 6 due to a technical error.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed