Russia: Severstal pessimistic about output

In July-September Severstal plans to keep output volumes on the level of Q3 2015, at 2.89 million tons. “Taking into account the seasons, output volumes will be stable, on the last year levels”, said the company chairman Alexei Mordashov. In Q2 Severstal decreased steel smelting by 3% QoQ, to 2.81 million tons. In January-June output…

Ukraine: metal makers to lose $700 million

The new antidumping investigation by the European Commission as regards Ukrainian manufacturers of hot-rolled metal could result in Ukraine losing the market valued at $700 million a year. According to the head of the Verkhovnaya Rada industrial policy committee Victor Halasyuk, that’s 2% of Ukraine’s exports. “This will not only weaken the competitive positions of…

Ukraine: casting market

Ukraine produces some 200 thousand tons of castings per year. In 2015 it exported around 102 thousand tons. Russia (40796 tons, or 40.05%), Germany (8670, 8.51%), Poland (7266 tons, 7.13%), Kazakhstan (6103, 5.99%) and Czech Republic (2602 tons, or 2.55%) are the main consumers of Ukrainian castings. These countries take up 64% of Ukrainian exports.…

Ukraine: metal output in Donetsk region in January-August 2016

In January-August Donetsk region (without the antiterrorist operation zone) increased industrial output by 6.9% YoY. August output went up by 0.9% MoM and by 15.4% YoY. Metal industry output increased by 7.6% YoY, that of mining – by 11.3%, of coke – by 26.5%. Coalmining increased by 13.2% YoY, to 9.5 million tons, with coke…