Average growth of export prices on Ukrainian steel products in 2011 will amount to 12% on the previous year. This forecast was voiced by an analyst at investment firm BG Capital Eugene Dubogryz. In particular, according to forecasts, the price of square billet was 574 dollars per ton slab - 570 USD / ton roll - 665 USD / ton and a thick sheet - 719 USD / ton. According to experts, this year will continue the growth of demand for Ukrainian steel. It is estimated that exports of Ukrainian steel in 2011 will grow by 13.5% to 27.5 million tonnes, including by increasing the supply of semi-finished products to the countries of Southeast Asia by 18% to 3.84 million tons. In addition, the possible removal of restrictions (duties of 15.63%) on the supply of Ukrainian metal products to Canada will increase exports by another 150-250 thousand tons. Also, the expert believes that in 2011 domestic demand for steel will grow by 22% to reach 7.7 million tons. About 6 million tons of this amount will provide domestic enterprises. Stimulating growth in domestic demand will contribute to the implementation of projects on Euro-2012. Earlier in the Ministry of Industrial Policy predicted that in 2011, domestic steelmakers will increase steel output by 5% to 34 million tons. As you know, in January-November 2010 in Ukraine steel production increased by 9,8% compared to the same period of 2009 to 29.648 million tons. Ministry of Industry
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