Ukrainian metallurgical companies have increased total net pretax loss in January to March 2012 3.6 times YoY to UAH 5.3 billion.
Companies COGS per UAH 1 of production output has increased from UAH 1.025 in Q1 2011 to UAH 1.124 in Q1 2012, up by 9.7%.
Mr. Vasiliy Kharakhulah, CEO of Metallurgprom, said sector performance had primarily deteriorated in terms of energy costs and railway tariffs growth. (SteelGuru)