KIEV, Feb. 1 - ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) sold 500,000 tons of steel products on the Ukrainian market in 2015, down from the previous 1.5 million tons.

"In 2015 construction activity declined a lot. Domestic steel demand has reduced significantly. ArcelorMittal Kryvyi Rih produces around 6 million tons of steel per year. At good times we sold at the domestic market about 1.5 million tons of steel, but last year indicator reduced to 0.5 million tons. Now 87% of production volumes are exported and only 13% goes to the domestic market. This tendency is determined by significant reduction of construction activity in Ukraine last year and lack of big infrastructure projects," CEO Paramjit Kahlon said in his address at the conference organized by the European Business Association (EBA) held on January 21, 2016.