According to the Ukrainian association of metal producers Metallurgprom, following month on month decreases in the previous three months, in August Ukraine’s average daily pig iron output registered a growth of 8.3% or 5,400 tons compared to July to 70,200 tons.
In the first 13 days of September the country’s average daily pig iron output increased further to 75,100 tons.
According to Mr. Sergei Belenky, Ukraine’s Senior Deputy Minister of Industrial Policy, Ukraine has recently seen an increase of 10% in steel product prices. He also suggested that in October and the first half of November the prices for steel products would further increase by an average of $15-20 per ton. At the same time, in the second half of November a decrease of $5-10 per ton is expected due to seasonal factors.
According to Metallurgprom data, as of September 1 five of Ukraine’s 36 operating blast furnaces were idle, while two of the country’s 21 converters, 17 of its 35 open-hearth furnaces and 7 of its 15 electric furnaces also continued to stand idle. (SteelOrbis)
Much more about metal of Ukraine, Russia and other CIS-countries at https://metalukraine.com/
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