Metinvest-SMC: Ukrainian steel consumption to fall by 3% in 2013

Wednesday, 06 November 2013 17:02:56 (GMT+3)   |  

Total steel consumption in Ukraine by industrial companies is expected to decline to 6.3 million mt in 2013, down 3.08 percent year on year amid the industry crisis in the country, according to Metinvest's retail sales network in Ukraine, Metinvest-SMC. At the same time, the total steel consumption by small consumers is expected to stay stable year on year at the level of 2.6 million mt.

Metinvest-SMC predicts that in 2014 the total steel consumption in Ukraine by industrial companies may rise to 6.6 million mt, while steel consumption by small-scale consumers may reach 2.8 million mt.

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