Fast Market Research recommends "Ukraine Metals Report Q1 2014" from Business Monitor International, now available
Boston, MA -- (SBWIRE) -- 01/03/2014 -- Ukraine's metals sector will see modest growth over the forecast period, with a handful of new projects to increase production growth. Production will not return to pre-crisis highs, however, due to global overcapacity and steel prices not making substantive gains over 2013. There are no major expansions on the cards, and no major players in either the aluminium or steel industries have announced substantial investment plans.
Figures recorded at the start of 2013 were disappointing. During the first four months of the year, Ukraine registered a 2.5% increase in its finished steel production output, to 9.280mn tonnes, a 0.6% fall in its crude steel output, to 11.058mn tonnes, and a 0.7% rise in its pig iron production to 9.760mn tonnes, according to data issued by Ukraine's Cabinet of Ministers. This does not bode well for the country's near-term outlook and for Ukraine's attempts to hit production targets.
According to Metinvest, overall domestic steel consumption by industrial companies is expected to fall by 3.08% year-on-year (y-o-y) over 2013, to 6.3mn tonnes. Steel consumption among small domestic consumers is expected to remain stable, at 2.6mn tonnes. Metinvest forecasts that Ukrainian industrial steel consumption will increase in 2014, reaching 6.6mn tonnes by year-end.
View Full Report Details and Table of Contents
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Materials research reports at Fast Market Research
You may also be interested in these related reports:
- Czech Republic Metals Report Q1 2014
- South Korea Metals Report Q1 2014
- Japan Metals Report Q1 2014
- Australia Metals Report Q1 2014
- Sweden Metals Report Q1 2014
- China Metals Report Q1 2014
- Romania Metals Report Q1 2014
- Austria Metals Report Q1 2014
- Netherlands Metals Report Q1 2014
- France Metals Report Q1 2014
Copyright © 2005-2014 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)