Reuters reported that Ukraine’s largest mining and metals group Metinvest planned to boost steel output to 25 million tons in the long run through acquisitions and modernization of its existing facilities.Metinvest quoted its director Mr. Ihor Siryi as saying in a statement that “Our long term target is to reach the level of 25 million…
It is reported that in 2010 Ukraine’s imports of long steel products increased by 79.2% YoY to 378,860 tons valued at $350.6 million.In December 2010 Ukraine’s long steel product imports amounted to 32,680 tons, almost equal to the November 2010 level, but up by 34.6% YoY. About 60% of this volume (19,570 tons) came from…
According to Mr. Andriy Klyuyev, Ukraine’s minister of economic development and trade and acting first deputy prime minister, Ukrainian government intends to attract $1 billion in investments for the modernization of the country’s metallurgical industry in 2011-2012.Mr. Klyuyev said “About $1 billion will be invested in 2011-2012 in the reconstruction of enterprises in the metallurgical…
It is reported that in 2010 Ukraine’s long steel exports increased by 17.3% YoY to about 5.775 million tons valued at almost $3.3 billion.In December 2010 Ukraine’s long steel product exports went down by 3.4% MoM but increased by 8.2% YoY to 486,790 tons valued at $307.22 million, down by 2.6% MoM.Ukraine’s main long steel…