Belarus issues steel production results for January

According to the data released by Belarus' National Statistical Committee, in January this year Belarus registered a 1.6% increase YoY in its crude steel production to 233,700 tonnes and a 4.5%YoY increase in its rolled steel product (finished) output to 229,400 tonnes.

Belarus' output of steel pipes in January of this year increased by 134.4% to 24,800 tonnes, its steel wire production went up by 58.7% to 7,400 tonnes and its steel cord output increased by 2% to 8,700 tonnes all compared to January 2010.

As of February 1 2011, steel producers in Belarus had accumulated 15,300 tonnes of steel pipes in their warehouses, a figure which equals 64.7% of their average monthly steel pipe production volume.

The total value of metallurgical products accumulated in the warehouses of local producers as of February 1 2011 amounted to Belarus RUB 158.2 billion which is equal to 27.9% of the country average monthly metallurgical production volume.


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