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Article: Ukrainian steel majors cut output in 8 mths, decline still slowing.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- September 2, 2009
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Ukrainian steel majors cut output in 8 mths, decline still slowing
KYIV. Sept 2 (Interfax) - Most of Ukraine's steel majors again reduced finished roll production considerably in January-August 2009, although the decline in the industry still seems to be slowing.
ArcelorMittal Kryviy Rih (formerly Kryvorizhstal), the country's biggest steel mill, reduced finished roll production tentatively 32.5% year-on-year to 2.946 million tonnes, the company told Interfax.
Azovstal said it reduced roll output 33% year-on-year to 2.564 million tonnes, Zaporizhstal reduced it 23.3% to 1.82 million tonnes and the Ilich works from Mariupol slashed output 43% to ...