Informacion economica sobre Cuba

Friday, 26 Dec, 2008
Cuban steel export in 2008 up by 20% YoY

Mr Fernando Acosta Santana minister of iron & steel industry of Cuba
said that "By the end of 2008, exports of the Cuban iron and steel
industry have increased by 20% YoY as compared to last year."

Mr Santana noted that the main commercial contracts are linked to Latin
American and Caribbean countries that belong to the Bolivarian
Alternative for the Americas regional integration and cooperation bloc.

He added that 2008 was characterized by the strengthening of
international relations, cooperation plans, exchange of specialists and
the design of new joint projects. He said that "Preliminary reports show
a 12% to 15% increase of sales and productions."

He stressed that the 52 companies of the ministry affected by the three
hurricanes that hit Cuba in recent months are now completely recovered
and some of them are in better conditions than before the impact of the
hurricanes.

(Sourced from www.cubanews.ain.cu)

http://www.steelguru.com/news/index/2008/12/26/NzY1NDk%3D/Cuban_steel_export_in_2008_up_by_20%2525_YoY.html


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