Kyiv Post reported that Mr. Sergiy Tigipko, a well known Ukrainian banker who has announced his intention to run for the presidency, believes that the global steel market has begun to revive and Ukrainian steelmakers should be prepared for this.
He said that “The global steel market began to revive more quickly than expected. This is good for domestic steelmakers, but they shouldn’t relax. It’s not enough just to catch another wave of demand for steel. It’s necessary to invest in cutting the prime cost of production high tech kinds of products.”
Mr. Tigipko said “The new industrial states China, India, Brazil, Turkey and some other countries will become the impetus to tackling the crisis. With their assistance, global metallurgy will rise from its knees, and Ukraine can only benefit from this. But in the post-crisis world, it will be more difficult to compete.”
In his opinion, a priority task for Ukrainian steelmakers is to decrease the prime cost of their products. (Kyivpost)
He said that “The global steel market began to revive more quickly than expected. This is good for domestic steelmakers, but they shouldn’t relax. It’s not enough just to catch another wave of demand for steel. It’s necessary to invest in cutting the prime cost of production high tech kinds of products.”
Mr. Tigipko said “The new industrial states China, India, Brazil, Turkey and some other countries will become the impetus to tackling the crisis. With their assistance, global metallurgy will rise from its knees, and Ukraine can only benefit from this. But in the post-crisis world, it will be more difficult to compete.”
In his opinion, a priority task for Ukrainian steelmakers is to decrease the prime cost of their products. (Kyivpost)