According to the data issued by the State Statistics Committee of Ukraine, in January 2011 Ukraine's metallurgical sector registered an aggregate loss of UAH 894.7 million (about $112.4 million) compared to the aggregate loss of about UAH 1.352 billion (about $170 million) in January 2010.
Accordingly, in January 2011, 51.6 percent of the total number of Ukrainian metallurgical companies posted a combined profit of UAH 404.2 million (about $50.7 million), while the remaining 48.4 percent of companies registered a combined loss of UAH 1.299 billion (about $163.2 million).