According
to ArcelorMittal head Lakshmi Mittal, “Ukrainian domestic market has collapsed.
While manufactirng processes carry on, we export larger lots of rolled metal,
than planned”.
ArcelorMittal
has also changed its forecasts on CIS steel consumption. The company expected
the rise to be on the level of 2.5%, but now expects the demand for steel to
grow by 1.5%. (Ukrainian metal)