October steel production in Ukraine grows by 5% MoM

It is reported that in October the steel and roll output in Ukraine grew by 5% MoM and 3% MoM respectively with the Mariupol Ilyich Iron and Steel Works (MMKI) and Dneprovsky Iron and Steel Works named after F. Dzerzhinksy (DMKD) being growth leaders and Yenakievo Iron and Steel Works (ENMZ) lagging behind its previous month’s figures.
According to a Millennium Capital analyst “The news is positive for the steel producers. They have succeeded in taking advantage of the short lived autumn revival on the international steel markets. MMKI retained positive production dynamics despite a major electricity plant breakup in September. DMKD became a growth leader thanks to an improved billet market and sufficient inputs supply. ENMZ displayed double digit production slump due to scheduled blast furnace repairs”. (Millennium Capital)
Much more about metal of Ukraine, Russia and other CIS-countries at http://metalukraine2010.blogspot.com/