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30 Nov
15:08

Ukraine consumption to decline in 2020: GMK

GMK Center expects a -3-5% on-year decline in steel consumption in Ukraine in 2020, to go along with the -5.5% drop in GDP, Kallanish notes. The activities of the steel-consuming sectors of the Ukrainian economy have suffered noticeably due to measures introduced to combat the Covid-19 pandemic. Until April, there was a drop in production in construction and mechanical engineering. Only in August, the volume of construction work reached the level of the previ…
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