Exports from Ukraine off 39.4% through July

Aug 23, 2005 | 11:48 AM |

Ukraine's exports of steel scrap totaled 823,200 tonnes in the first seven months of 2005, down 39.4 percent from the same period last year.

Benjamin Kramer, executive director of the Ukrainian Secondary Metals Association, blamed poor international market conditions for the decrease.

"There was a substantial decline in activity on the part of the largest buyers of Ukrainian steel scrap, Turkey and Moldova," Kramer said. "On the other hand, domestic mills stepped up steel scrap purchases somewhat during the period, often offering prices that could compete with....

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