Ukraine to keep November steel output at October level

Monday, 26 October 2009 08:00:13 (GMT+2)

Ukraine expects in November this year to maintain its output of crude steel at the October level, Ukrainian deputy minister of industrial policy Sergey Grishchenko has stated.

According to Mr. Grishchenko, over the first 23 days of October, Ukraine's average daily crude steel output reached 90,000 mt.

"Thus, we can already say that in October the figures will be 10-15 percent higher than in September. Proceeding from the volume of orders that our steelmakers have declared, we can say that in November crude steel production will be at least at the October level," Mr. Grishchenko stated, adding that the Ukrainian steel producers have orders for up to the middle of December.

As SteelOrbis previously reported, the Ukrainian government improved its 2009 steel output forecast to 29.9 million mt.

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