KIEV, July 27 – Metals consumption in Ukraine on the distribution and retail markets in fell by 60% in H1, Dmytro Nikolaenko, director general of Metinvest-SMC Ltd.

"In H1 the domestic metal market was characterized by a common decline in consumption, the increased role of distribution companies, a rise in the share of retail shipments from metal centers in total sales and a growth in the share of large metal traders," said Nikolaenko.

Nikolaenko said that total flat rolled product consumption shrank by 56%, while that for steel reinforcement dropped by 64% and for rolled wire by 48%.