Ukrainian steel consumption to fall by 3% in 2013

Total steel consumption in Ukraine by industrial companies is expected to decline to 6.3 million tons in 2013, down by 3.08% year on year, amid the industry crisis in the country, according to Metinvest's retail sales network in Ukraine, Metinvest-SMC. 

At the same time, the total steel consumption by small consumers is expected to stay stable year on year at the level of 2.6 million tons.

Metinvest-SMC predicts that in 2014 the total steel consumption in Ukraine by industrial companies may rise to 6.6 million tons, while steel consumption by small-scale consumers may reach 2.8 million tons. (SteelOrbis/Ukrainian metal)