In Q1 2014, the Ukraine reduced steel exports to Russia by 31.1%
Edited by vadim / 2014-04-28 08:25:21
Metals and mining Russia Ukraine Evraz Magnitogorsk metallurgic plant MMK Mechel Russia Metals and Mining Ukraine Metals and Mining Steel
In Q1 2014, the Ukraine dispatched to Russia 6.5 million tons of metal items (-31.1%) for $3.4 billion (-34.2%). In Q1 2014, the Ukraine reduced steel exports to the CIS by 37.6%, and to Russia by 31.1%. Metal exports reduced by 12.9% to the EU, and by 10% to the Middle East.
The decline in sales to Russia has made Metallurgprom to revise with a reduction the forecast on steel production in the Ukraine from 30 million tons to 28.5 million tons in 2014.
In Q1 2014, the Ukraine reduced steel production by 9% to 7.5 million tons, ready steel by 8% to 6.7 million tons, and cast iron by 3% to 7.4 million tons.
