Russia's Crude Steel Output Dipped in June

SEATTLE (Scrap Monster): The monthly production data published by the World Steel Association (worldsteel) suggests notable decline in crude steel output by the Commonwealth of Independent States (CIS) region in June this year. The regional output reported decline of 5% when matched with the previous year. The output totalled 7.949 million tonnes (Mt) during the month, compared with 8.367 Mt in June 2019.

Russia was the leading steel producer in the region. The Russian output totalled 5.600 Mt, down by 7.6% from 6.058 Mt in June last year. On the contrary, the output by Ukraine recorded notable surge by 9.0% over the year from 1.659 Mt to 1.809 Mt. Kazakhstan, the third largest regional steel producer, saw its output tumble by approximately 30% year-on-year. The monthly crude steel output by other countries in the region is as follows: Byelorussia (210,000 tonnes), Uzbekistan (75,000 tonnes) and Moldova (20,000 tonnes).

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The cumulative crude steel output during the initial half of the current year totalled 48.919 Mt, which is marginally lower by 4.1% over the previous year. The crude steel production by the region had totalled 50.993 Mt from January to June in 2019. All the countries except Uzbekistan reported slump in production year-on-year. Moldova’s production saw biggest decline.

The top three steel producers in the C.I.S region in H1 2020 were Russia (35.254 Mt), Ukraine (10.104 Mt) and Kazakhstan (1.660 Mt).