Ukrainian ferroalloy output down by 22.4% in January-September 2013

In January-September Ukraine’s ferroalloy production decreased by 22.4% compared to the same period last year to 623,500 tons, according to the Association of Ukrainian Ferroalloy Producers (UkrFA). In the given period Ukraine’s silicomanganese output decreased by 17.3% to 455,800 tons, while its ferromanganese production declined by 55.3% to 60,200 tons, both year on year. In…

Ukrainian crude steel output to fall in November 2013

In November Ukraine’s crude steel production is expected to decrease by 4.8% compared to September to 2.560 million tons. In November pig iron output in Ukraine will total 2.360 million tons, down by 3.4% compared to the September results, while production of rolled steel is expected to total 2.310 million tons, down by 0.8% compared…

Fitch confirms Donetskstal rating of B

The international rating agency Fitch has confirmed the B-rating of Finest Trading Co Limited (Cyprus), the holding company of the Donetskstal group. Fitch has confirmed the long-term default rating in foreign and domestic currency on the level of B, at the same decreasing the national long-term rating of the company from AA (ukr) to A+…

ArcelorMittal Kryvyi Rih’s finished steel output up 3.1% in January-September 2013

In the first nine months of the current year the crude steel production of ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of the global steel giant ArcelorMittal, totaled 4.7639 million tons, down by 0.06% YoY, as announced by the company. In addition, in the first nine months of the year ArcelorMittal Kryvyi Rih saw a 3.1%…

Ferrexpo Plc. boosts pellets output

In January-September the British Ferrexpo Plc., owner of the Poltava Mining-extracting works, increased its pellets output by 12.5%, to 8.048 million tons, YoY. In particular, the total output of pellets with 62% iron content increased by 10.2% to 4.343 millin tons, while the output of pellets with 65% iron content increased by 15.3% to 3.705…