It is reported that the production of finished steel at the works has been reduced by 15.5% YoY as compared to the last year to 2.784 million tons, crude steel by 16.9% YoY to 3.278 million tons, pig iron up by 16.8% YoY to 2.732 million tons, sinter up by 12.2% to 4.759 million tons.In…
Interfax Ukraine reported that Mr. Alexander Katunin, the owner of Swiss metal trader Carbofer Group and the former co-owner of Russia’s Evraz Group, together with a group of financial investors and with the participation of Russia’s Vnesheconombank, had purchased a controlling interest in Donetsk-based Industrial Union of Donbas (IUD) Corporation. IUD in a press release…
The Ukrainian steel producer Alchevsk Iron and Steel Works the subsidiary of the Ukrainian steel producer Industrial Union of Donbass, has issued its preliminary results for 2009.Accordingly, in 2009 Alchevsk decreased its crude steel output by 16.4% to about 3.64 million tons, its finished steel production by 15.7% to 3.32 million tons and its pig…
Poltava GOK, the main iron ore subsidiary of Swiss headquartered Ferrexpo whose main interests are in Ukrainian iron ore assets, has delivered its first trial batch of pellets, totaling 70,000 tons, to Japan.Mr. Victor Lotous, COO of Poltava GOK, said that “We hope to win their market. So far we have shipped the first batch…
According to the data for the first eleven months of 2009, Ukrainian exports of steel pipes decreased by 25.5% to about 1.26 million tons, its semi-finished steel product exports dropped by 8.3% to 10.59 million tons, its exports of flat rolled steel decreased by 27.3% to about 5.56 million tons and its exports of long…