According to the data released by Belarus National Statistical Committee, in January to October 2009 the country crude steel production down by 6.9%YoY to 2.75 million tonnes, and finished steel product output down by 2.2%YoY to 1.96 million tonnes.
During the period in question, Belarus output of such products as steel pipe 31.7% YoY to 88,200 tonnes, wire rod by 45.2%YoY to 40,900 tonnes and steel cord down by 28.6%YoY to 58,000 tonnes.
As of November 1st 2009, Belarus steelmakers have accumulated 4,800 tonnes of steel pipes in their warehouses which is 75.6% of their average monthly pipe production volume. Compared to November 1st 2008, the producers' steel pipe reserves have increased by 5.2%. The total value of steel products accumulated in the warehouses of local steelmakers’ amounts to BYR 88.5 billion.
(Sourced from SteelOrbis)
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