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Metal production, in particular iron and steel industry, is the dominant heavy industry in Ukraine. Ukraine is the world's eighth largest producer and third largest exporter of iron and steel (2007). [ 1 ]
Ukraine has a major ferrous metal industry, producing cast iron, steel, and pipes. ... This merger was done to boost Antonov profits and the production rate. [152]
Central Iron Ore Enrichment Works (CGZK) specializes in processing and production of raw materials for the steel industry, merchant concentrate with an average Fe content of 65.0% to 68.2% and pellets with an average Fe content of 63.9%. It is the only mine in Ukraine, that simultaneously uses open-pit quartzite fields and underground mining ...
In 2008, 2009, 2015 and 2016 output fell in the majority of steel-producing countries as a result of the global recession. In 2010 and 2017, it started to rise again. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. India is the 2nd leading producer of iron and steel industries. [citation needed]
Industry of Ukraine has a strong material and technical base. [1] [2] The value of fixed assets is 644,767 million ₴ (as of 2007), which is almost 2.3 times more than the value of fixed assets in 2000. The complex employs more than 3.6 million workers, who together brought in industrial profits of 43,700.9 million ₴ (2007), which is 5 times ...
During the Great Recession, steel production dropped from 8.1 million tonnes in 2007 [17] to 6.2 million in 2008 [18] and 5 million in 2009, [19] with decreases in other production metrics and revenues, with the company registering a net loss of ₴120 million in 2009 (down from a profit of ₴4.7 billion the year before). [20]
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Most of the company's products (about 75%) were exported [11] from Ukraine. In 2011, SFP reduced the production of ferroalloys by 5.2% compared to 2010 - to 208.3 thousand tons. [ 12 ] At the same time, the plant increased the production of ferrosilicon (in terms of 45%) by 6.8% - to 145.3 thousand tons, but reduced the production of silico ...