It is reported that the major Ukrainian steelmakers have released their preliminary production results for the first nine months of 2009.1. Ilyich Iron and Steel Works of Mariupol reduced its finished steel product output by 38% and its pipe production by 62.5% YoY to 2.23 million tons and 26,800 tons respectively. Ilyich crude steel production…
Metinvest SevGOK has commissioned a hydraulic excavator. This is the first hydraulic excavator at Severniy GOK for its history. The excavator has been procured within the framework of the strategic program aimed at improving performance efficiency of Metinvest mining enterprises. Price of the excavator is USD 5.75 million. According to the enterprise specialists, HITACHI 3600hydraulic…
According to the information issued by the Ukrainian Ministry of Economy, up to October 1st this year Ukraine utilized 22.04% of its annual quota for rebars export to Russia and 45.74% of its new annual quota for cold rolled steel exports to the same destination, supplying a total of 80,002 tonnes and 96,057 tonnes respectively.…
It is reported that Ukraine steel industry reduced finished roll output 27%YoY in January to September to 19.306 million tonnes. The industry cut roll output 34%YoY in January to July and 30% in January to August, so the latest figures indicate that the severe decline in the industry is still slowing. Crude steel production plummeted…
Ukrainian Journal reported that Ukraine’s Yenakievo Iron and Steel Works one of the world’s largest producers of steel billets signed a Joint Implementation Project deal under the Kyoto Protocol with ING Bank seeking to reduce emissions of greenhouse gas. According to preliminary estimates, the project will help the company to reduce GHG emissions into the…
It is reported that the Supreme Economic Court of Ukraine has approved the decisions of the courts of first and second instance for the legal collection of about of UAH 205.59 million from the Ukrainian steelmaker ArcelorMittal Kriviy Rih in favor of ferroalloys producer Zaporozhye Ferro Alloys Plant. As SteelOrbis has previously reported, the amount…
According to the preliminary data issued by the Ministry of Industrial Policy of Ukraine, in January to September 2009 Ukraine finished steel product output down by 27%YoY to 19.31 million tonnes and crude steel output down by 32% to 21.68 million tonnes. In January to September this year, Ukraine steel pipe production down by 37%…
Yenakievo Iron and Steel Works part of Metinvest Group signed the Joint Project Implementation Agreement with ING Bank NV. The Agreement stipulates service delivery in the field of the Kyoto Protocol mechanisms aiming at energy saving technologies implementation, reduction of environmental impact of the enterprise down to a technically feasible minimum and improvement of the…