BELARUS NEWS AND ANALYSIS
DATE:
21/10/2009
Belarus issues 9 months steel production results
According to the data released by Belarus' National Statistical Committee, in January to September 2009 the country crude steel production down by 6.3%YoY to 1.9 million tonnes and a 3.4% drop in its finished steel product output to 1.8 million tonnes.
Some products like steel pipe down by 37.5%YoY to 76,500 tonnes, wire rod down by 44%YoY to 37,700 tonnes and steel cord down by 30%YoY respectively to 50,800 tonnes.
As of October 1st 2009, Belarus' steelmakers have accumulated 4,700 tonnes of steel pipes in their warehouses which is 77.1% of their average monthly pipe production volume. Compared to October 1st 2008, the producers steel pipe reserves have increased by 91.7 percent. Meanwhile, steelmakers' reserves of wire rod have increased by 6.7 times YoY to 3,000 tonnes which is 15.9% of their average monthly wire rod output volume. The total volume of steel products accumulated in the warehouses of local steelmakers amounts to Belarus RUB 107.1 billion.
Source:
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