In January-October 2014 Ukrainian metal sector losses went up by 48%, or by 4.7 billion UAH, to 14.5 billion UAH, YoY.
According to some experts, sales fell by 15%, while rolled ferrous metal prices increased by 30% in UAH resulting in a profit of 6.9 billion UAH.
At the same time due to currency rate differences the net income in 10 months was up by 19%, to 139 billion UAH.
Cost-effectiveness was 4.91% against minus 4.95% YoY. (Ukrainian metal)