Ukraine: metal prices to fall in 2016
Despite the free trade zone with EU, in 2016 demand for Ukrainian metal on world markets will continue to decrease.
Despite the free trade zone with EU, in 2016 demand for Ukrainian metal on world markets will continue to decrease.
In 2015 industrial product prices increased by 25.4%.
Ukrainian Mining and Metallurgical Company stated it lost 6 warehouses in Donetsk and Lugansk regions as well as Russia-annexed Crimea in 2014-2015.
Lugansk Casting and Mechanical Works, situated in the Ukraine-uncontrolled territory, has reregistered in Zaporozhye.
In 2016 metal consumption will grow, says Ukrainian Mining and Metallurgical Company CEO Valentin Sobchuk.