KIEV, July 1 – Ukrainian metals and metal sales companies cut exports of ferrous metals in January to May by 26.8% year-over-year, to 9.284 million tons.

Deputy head of the department for the metals sector at Derzhzovnishinform state enterprise, Vyacheslav Popov said at the eighth Management, Production, Trade and Consumption Metal-2009 conference in Kiev that supplies fell in all types of metal products, apart from round billets, exports of which grew by 2.2 times, to 113,000 tons.

He said that the growth in round billet supplies is explained by more competitive pricing offered by Ukrainian companies on foreign markets.