Belarus crude steel in 11 months down by 7pct YoY

According to the data released by Belarus National Statistical Committee, in January to November 2009 the country crude steel production down by 7.5 % YoY to 2.245 million tonnes and finished steel product output down by 2.7% YoY to 2.128 million metric tonnes.

Meanwhile, during the period in question, Belarus output of such products as steel pipe, wire rod and steel cord registered decreases of 26.9% YoY to 100,400 tonnes, 46.5% YoY to 43,900 tonnes and 28.3%YoY to 64,100 tonnes.

As of December 1st 2009, Belarus steelmakers had accumulated 5,600 tonnes of steel pipes in their warehouses, which is 84.4% of their average monthly pipe production volume. Compared to December 1st, 2008, the producers steel pipe reserves increased by 0.7%. The total value of steel products accumulated in the warehouses of local steelmakers as of December 1st 2009 amounted to BYR 82 billion.


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