Interfax cited Mr. Andriy Fedoseyev, president of the Ukrainian Metal Traders Association, as saying that metal consumption in Ukraine fell 36.3% YoY in January to November to 4.809 million tons and imports plummeted 67% to 577,288 tons.
Mr. Fedoseyev said Ukrainian pipe mills bought 1.397 million tons of locally produced and imported roll and feedstock down by 31.9% YoY from January to November last year. Construction firms bought 68,170 tons down by 70%, rail producers - 102,715 tons up by 49.1%, and metalware producers - 387,243 tons down by 28.6%.
Traders, including small firms, bought 1.275 million tons of metal down by 48.9%, mining and metallurgical companies - 548,069 tons up by 40.4% and machinery plants - 523,732 tons down by 62.2%.
Metal traders accounted for 27% of domestic market steel consumption in January to November, pipe mills - 29%, machine building plants - 11%, mining and metallurgical companies - 19%, metalware producers - 8%, construction firms – 1%, railway enterprises - 2% and others - 3%.
Metals consumption in Ukraine fell by 16.5% in 2008 to 7.89 million tons, but imports grew by 6.6% to 1.766 million tons. (Interfax)
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