According to the recent data published by the World Steel Association (World Steel), the crude steel production by Commonwealth of Independent States (CIS) increased marginally by 2.3% during the month of March year-on-year.
The total crude steel production by Byelorussia declined sharply by 32.9% during March this year to 165,000 tonnes from 246,000 tonnes in March 2015. Kazakhstan produced 302,000 tonnes of crude steel, down by 19.9% when compared to 377,000 tonnes production achieved during March last year. Moldova recorded 45,000 tonnes steel output during the month, rising considerably by 28.6% over the previous year. The total crude steel production by Russia was down by 2.0% from 6.135 Million tonnes in March 2015 to 6.012 Million tonnes this March.
There was marked increase in Ukraine’s crude steel output in March. Ukraine’s total crude steel output was up by 28.1% to 2.173 Million tonnes in March 2016 when compared with the output of 1.696 Million tonnes during March last year. On the other hand, Uzbekistan’s crude steel output declined considerably by 21.1% during the month.
The following table provides cumulative crude steel output for the first three months in 2016 in comparison with those during same period in 2015.
Source : hellenicshippingnews.com