Ukrainian metal companies cut cast iron production by 1.9% in December 2011, steel output by 4.1% and rolled steel output by 3.1% compared to November 2011 due to a continuous fall in demand for metal products on the global and domestic markets.In December 2.374 million tons of cast iron was produced, with average daily production…
Mr. Nikolai Azarov, Prime Minister of Ukraine, said that Ukraine would seek to stimulate domestic demand for its steel, mostly in housing and infrastructure projects, as weaker external demand had been affecting many of its companies.The government provided massive tax breaks to steelmakers between late 2008 and through the end of 2009 after steel exports…
In February 2012 Ukrainian crude steel production will rise by 1.1% compared to December 2011 to 2.790 million tos.Pig iron output in Ukraine will total 2.350 million tons in February, down by 1.01% compared to December, while production of rolled steel is expected to be 2.5 million tons, down by 1.96% compared to December. In…
Ukrainian metal companies plan to reduce steel smelting by 1.1% in February 2012 compared to the targets for January to 2.79 million tons, and rolled steel production by 0.4%, to 2.5 million tons.The target for February also foresees a fall in cast iron production by 0.8%, to 2.35 million tons.Average daily cast iron production in…
UKRAINE&RUSSIA: STEEL-MAKING PIG IRON Month Russian market, $/t, $1/RUR32.1961* Ukrainian market, $/t without VAT, $1/UAH7.9898* min max min max November 388.25 512.48 513.15 525.67 December 388.25 512.48 513.15 525.67 Month Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max November 425.00 430.00 425.00 435.00 December 435.00…