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Ukraine: metal consumption up in 2023

Time:Wed, 31 Jan 2024 07:36:39 +0800

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In 2023, Ukraine increased metal consumption by 20% YoY.

The growth was mostly due to the activation of state projects – restoration of infrastructure, bridges and viaducts, construction of energy shelters. There are also such projects, as, for example, an underground school in Kharkiv.

Imports also increased, especially sheets.

In March-November 2023, prices for rolled metal decreased.

This year, prices are expected to grow.

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