Ukrmetallurgprom believes that this year steel output will fall by 12% YoY, to 21 million tons.
Pig iron and rolled metal manufacture will drop by 14%, to 20 million tons and 18 million tons respectively.
“In comparison with the year 2007 pig iron output decreased by 15 million tons (by 43%), steel – by 21 million tons (by 50%) and rolled metal by 20 million tons (by 50%), to the level of 1995-1996”, the company said. (Ukrainian metal)