According to Mr. Jeant Jouet, CEO of ArcelorMittal Kriviy Rih, at the ceremony of the start of construction of the first caster, the company intends to construct 5 continuous casters. The first continuous caster will be put into operation in September 2011. Total cost of the project will make around $100 million.The project provides construction…
Interfax-Ukraine news agency reported, citing Mr. Vasily Kharakhulakh, general director of the Ukrainian association of metal producers Metallurgprom, as saying that Ukrainian steel producers were currently facing difficulties in selling their steel products and having problems securing coke and iron ore, which forced them to cut their outputs and might even oblige them to halt…
Yenakievo Iron and Steel Works JSC (EMZ), a part of Metinvest Group, is implementing the project of Application of Capacitor Banks at Ladle Furnace of Converter Shop within the frames of its development strategy which will improve energy efficiency of the plant.Prognosed annual saving from introduction of the capacitor banks will comprise over UAH 36…
For the first four months of 2010: a 32.7% YoY increase in pig iron exports to 537,980 tons, a 58.3% YoY growth in scrap exports to 218,000 tons, a 10.5% YoY increase in semi-finished steel product to 3.689 million tons, a 37.9% YoY growth in long products to 2.014 million tons, a 20% YoY increase…