It is reported that the Ukrainian steel group Vorskla plans to build a EUR 650 million steelworks, employing some 1,000 people in an industrial and logistics park in Hungary near the Ukrainian border.Vorskla is the first investor with plans to locate operations at the park which is scheduled to be completed in November 2010.A contract…
It is reported that the Ukrainian steel producer Makeevsk Metallurgical Plant has commissioned its new longs rolling mill 390. The total project investment amounted to USD 160 million. The new mill with an annual capacity of 720,000 tonnes will allow Makeevsk to produce rebars of 8 mm to 40 mm diameter. In addition, the mill…
The state statistics committee reported that Ukraine’s exports of ferrous metal scrap dropped 28% YoY to 296,200 tonnes in January to June 2009 down from 411,450 tonnes exported in the same period of 2008.At the same time, Ukraine’s revenues from exports of ferrous metal scrap dropped by 67% YoY to USD 62.7 million in January…
Ukrainian rolled steel consumption down 54.5pct in H1 According to the data issued by the Ukrainian Association of Metal Traders in the H1 of 2009 the country registered a 54.5% decrease in rolled steel consumption year on year to approximately 2,196,922 tonnes. Meanwhile, during the period in question, imports of rolled products to Ukraine went…