Rolled metal outout decreased in February 2014

In February in Ukraine steel manufacture (without continuous-cast semi-products) decreased by 16.5%, to 1053 thousand tons, YoY, but increased by 2.4% MoM. In January-February Ukraine produced 2082 thousand tons of steel, down by 19% YoY. Continuous-cast semi-products output decreased in February by 7.7% YoY, to 1341 thousand tons, and again by 7.7% MoM. In January-February…

ArcelorMittal Kriviy Rih to seek new markets

ArcelorMIttal Kriviy Rih has changed its target markets, by increasing exports due to the demand fall on the local market. According to ArcelorMittal head Lakshmi Mittal, “Ukrainian domestic market has collapsed. While manufactirng processes carry on, we export larger lots of rolled metal, than planned”. ArcelorMittal has also changed its forecasts on CIS steel consumption.…