Prices for ore and metal products have peaked,

Yury Ryzhenkov, general director of Metinvest, Ukraine’s largest integrated metals company, told reporters yesterday at a press conference marking the company’s 15^th anniversary. “Prices peaked at the end of May-June,” he said. “Now we are already seeing a decline in the market price for ore and metallurgical products. Most likely, the decline in prices for metallurgy will continue in the coming months.”