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Ukraine steel sector forecast to reduce output more than 20% in 2009
Journal Staff Report

KIEV, Nov. 14 - Ukraines steel sector, the backbone of the countrys economy, will probably reduce output more than 20% on the year in 2009 due to collapsed external demand, an industry analysis group reported.

Ukraine will produce about 29 million metric tons of steel in 2009, down 22% year-on-year, MetallurgProm, an association of steelmakers, reported Friday.




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