Recently, the Ukrainian Renewable Metals Association said that in 2022, Ukraine's annual steel production will reach 6.5 million tons, down 69.5% year on year; The purchase volume of scrap steel will reach 930000 tons, down 77.5% year on year. In 2023, Ukraine's steel output may reach 12 million tons to 12.5 million tons, the supply of scrap steel may reach 1.5 million tons to 1.6 million tons, and the export of scrap steel may reach 300000 tons to 320000 tons. The Ukrainian Renewable Metals Association said that this was a more optimistic forecast.
The more realistic prediction result is that Ukrainian iron and steel enterprises will produce 7 million to 7.5 million tons of steel in 2023, and the purchase volume of scrap steel is expected to reach 1.2 million to 1.25 million tons.
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