UKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON UKRAINE&RUSSIA: ROUND BILLETS Month Ukrainian market, $/t, $1/UAH7.9723* min max September 681.24 979.89 October 681.24 979.89 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.11 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal) UKRAINE&RUSSIA:…
Ukrainian steel sector is planning to produce 3.02 million tons of steel in December, essentially the same production volume as the two previous months. With such results, the industry will post a 35.1 million tons of steel output in 2011, or a 7% YoY increase. Industry association Metallurgprom is forecasting a 36.5 million tons of…
Metinvest, the largest Ukrainian vertically integrated steel and mining group, reported on November 11 that it upped steel output to 10.98 million tons in nine months of 2011, equating to a 78% YoY increase.The primary driver for the latter was the acquisition of the Mariupol Ilyich Iron and Steel Works and its finalized integration with…
ArcelorMittal’s Ukrainian unit said steel production fell by 5.9% in October from the same month a year ago as the mill continued to upgrade, necessitating the stopping of some equipment.ArcelorMittal Kriviy Rih said that output declined to 527,900 tons from 560,800 tons.According to the statement, steel production declined to 4.6 million tons in the first…
It is reported that a $700 million Greenfield investment by billionaire Mr. Viktor Pinchuk will soon bring Ukraine, already one of the world’s top 10 metals producers, its first brand new steel mill of significant size since Soviet times.Company officials said that cold testing of equipment in idle operation had already started at the Dniepropetrovsk-based…
Donetsk Electrometallurgical Plant (DEMZ), which is part of the Mechel group, boosted finished roll output by 43.4% YoY in January to October to 839,000 tons.Steel output increased by 36.8% to 858,000 tons. The plant produced 91,000 tons of roll and 92,000 tons of steel in October.DEMZ received 93,000 tons of scrap metal in October instead…
In the first nine months of the current year Ukraine’s scrap exports decreased by 10.2% YoY to 582,610 tons. In September Ukraine’s scrap exports increased by 49.6% compared to August to 102,560 tons.In the first nine months of the current year Ukraine’s scrap imports increased by 40.3 times compared to January to September 2010 to…
Ukraine increased production of pig iron, steel and rolled products by 6-10% YoY in the first 10 months of 2011 and boosted pipe output by 34%, but reduced production of iron ore pellets by 2%.A representative of the Industrial Policy Ministry said, production in the 10 months rose by 10% to 25.394 million tons of…