Belarus issues 4 months steel production results

According to the data released by Belarus National Statistical Committee, in the first four months of 2010 the country crude steel production reach 883,300 tonnes down by 2.4%YoY and finished steel product output reach 792,000 tonnes down by 8.3%YoY.

In January to April this year, Belarus output of steel pipes increased by 78.1%YoY to 52,800 tonne including 34,500 tonnes of seamless pipes up by 180.7%YoY. On the other hand, the country steel wire rod output reach 22,600 tonnes down by 20.1% YoY steel cord production reach 30,500 tonnes down by 1.5%YoY respectively.

Compared to March this year, the country crude steel output in April increased by 8.9% while its finished steel products output went down by 10.9%, its pipe production decreased by 23.7%, its steel wire rod output declined by 15.2% and its steel cord production went down by 30.9%.

As of May 1st this year, Belarus steelmakers had accumulated 4,500 tonnes of steel pipes in their warehouses, a figure which equals 40% of their average monthly pipe production volume. The total value of steel products accumulated in the warehouses of local steelmakers as of May 1st this year amounted to BYR 113.2 billion.

(Sourced from SteelOrbis)


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