According to report, most major Ukranian steel mills slashed their production on flat rolled products significantly in January.

The country’s biggest steelmaker, ArcelorMittal Kryviy Rih has reduced its production by 42.9 percent year-on-year to 337,000 tons on finished rolled production.

Other steel mills, including Azovstal, Zaporizhstal and the Ilich Iron &Steel Works (MMK) of Mariupol cut their production by 53.2 percent, 25 percent, and 57.3 percent year-on-year respectively. Source: Yieh.com