In 2017 metal industry showed positive trends resulting mostly from external factors: the strengthening of the ruble, increase of the outer demand, accessibility of investments, etc.
The following factors influenced the metal industry the most:
– the increase of world prices by 40% on average,
– and the growth of other income 2.2-fold because of the drop in exchange rate differences on loans in foreign currency.
The regions with the largest share of metal industry in economy were in advantage: Vologda, Sverdlovsk and Chelyabinsk regions. (Ukrainian metal)
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