CIS, Ukraine Steel Production Squeezed by Lack of Demand, Capital
CIS, Ukraine Steel Production Squeezed by Lack of Demand, Capital
JOHANNESBURG--September 23, 2015--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--World crude steel production for the 65 countries reporting to the World Steel Association (Brussels, Belgium/Beijing China) was 133 million tons in July 2015, a 3.8% decrease from July 2014. In particular, steel producers in the ex-Soviet Commonwealth of Independent States (CIS) countries are sensitive to Russian economic activity levels and low oil prices, as well as the global effect of Chinese production and demand.
Within this article: Outlook for steel production in CIS states.
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