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Ukraine’s steel consumption falls in Jan-May

According to data released by Metallurgprom industry association, Ukraine’s steel consumption totaled 2.3 million tonnes in January to May period, slumping by 700,000 tonnes from 3 million tonnes in the same period of a year ago.

In the given period of time, the country’s sales made to the CIS totaled 1.34 million tonnes decreasing by 36% YoY. Among them, 1 million tonnes were sold to Russia, falling by 30% YoY.

Meanwhile, the country’s overall steel exports totaled 9.55 million tonnes in January to May period, down by 4% Yoy.

Source – yieh.com

(www.nctv.net)

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