The Ukrainian steelmaker Zaporizhstal has announced a profit of UAH 156.1 million (about $19.56 million) for 2010, up from a loss of UAH 290.5 million ($3 million) in 2009.
In 2010 Zaporizhstal produced 3.449 million tons of crude steel and 2.763 million tons of pig iron, while its shipments of rolled steel products amounted to 2.855 million tons. In 2010 Zaporizhstal pig iron output increased by 31,000 tons YoY, its crude steel output rose by 171,700 tons from the previous year, while its rolled steel products output climbed up by 105,600 tons.
Zaporizhstal rolled steel products shipments to the Ukrainian domestic market amounted to 38.8% of its overall deliveries, while the remaining 61.2% were exported to 61 countries through the commercial seaports Ilyichevsk, Odessa, Izmail, Nikolaev, Mariupol, Sevastopol, as well as over the land borders of Ukraine.
Zaporizhstal steel products sales in 2010 increased by 50.4% YoY to UAH 12.617 billion mainly due to the growth in sales volumes and prices. (SteelOrbis)