It is no secret that today the world economy is becoming more and more global. Especially if we take the regions that have historically always been close to each other, for example, Ukraine and Russia.
Not so long ago, the State Statistics Committee published data on the state of the metallurgical sector of the industry based on the results of the last quarter of 2013. And based on the results, we can conclude about not the best trends in the Ukrainian and world economies. In particular, the total production of ferroalloys decreased by almost 21% compared to the reporting period last year. In three months of this year, a total of 183,000 tons of finished products were produced. The reason is the drop in demand caused by the general stagnation of the European economy.
But at the same time, production of manganese raw materials increased by almost 8% (to 185,000 tons), which somewhat compensates for the decline in ferroalloys. Positive dynamics was also noted for high-carbon steel, the total production of which increased by 2% and amounted to 7,300,000 tons. True, the flip side of the coin is the decline in the output of finished rolled products by 2.4%. For three months of 2013, this value amounted to 6,550,000 tons.
However, as far as rolled metal products are concerned, the market situation has not been the healthiest since the very beginning of this year, and concerns not only Ukraine, but also Russia, Kazakhstan, and China. The main consumers of rolled metal products in these countries are Turkey, Saudi Arabia and other countries of the Middle East region. but all of them this year significantly reduced their activity and volumes of purchases, which invariably affected the economic condition of the exporting countries.
