KIEV, Oct. 23 –Ukrainian steel mills in January to September cut investment into technical re-equipment by a preliminary 10-11% year-over-year, to around UAH7 billion.

In 2007, capital investment of companies belonging to Dnipropetrovsk-based Metalurhprom, was UAH10.513 billion, which is UAH 4.001 billion or 61.4% more year-over-year, according to information released by the Derzhzovnishinform Center during a metal industry forum organized with the participation of the Ukrainian Association of Metal Traders.