In September Ukraine produced 1860 thousand tons of steel, down by 2.3% MoM, or by 43 thousand tons. According to Ukrmetallurgprom, in January-September steel output increased by 6.9% YoY, or by 1179 thousand tons, to 18239 thousand tons. (Ukrainian metal)
In September Ukraine produced 1743 thousand tons of rolled metal, up by 0.9% MoM, or by 15 thousand tons. According to Ukrmetallurgprom, in January-September rolled metal output went up by 7.6% YoY, or by 1145 thousand tons, to 16125 thousand tons. (Ukrainian metal)
In September Ukraine produced 1863 thousand tons of pig iron, down by 6.4% MoM, or by 98 thousand tons. According to Ukrmetallurgprom, in January-September pig iron output increased by 11.2% YoY, or by 1799 thousand tons, to 17799 thousand tons. (Ukrainian metal)
In September Ukraine imported $0.87 million worth of ferrous scrap, with no exports. According to the State Fiscal Service, the main supplier of ferrous scrap in September was Turkey ($0.84 million). In January-September Ukraine exported $40.99 million worth of scrap, while imports totaled $5.77 million. (Ukrainian metal)
Energomashspetsstal will produce a batch of ring blanks for ThyssenKrupp AG subsidiary – Rothe Erde. According to the company statement, the total weight of the blanks will be 74.7 tons. The parts will be used as raw materials for further processing. Ring blanks will be mechanically treated and sent to Dortmund in January 2017. (Ukrainian…
UMG, a part of System Capital Management, has appointed Dmitry Anufriev the executive director. “A new position has been created on October 21, that of the executive director. It will be occupied by Dmitry Anufriev, who has previously been heading the strategy department. In his new position he will be responsible for transforming UMG into…
Energomashspetsstal will produce 5 supporting rolls with the total weight of 158.7 tons for iron and steel works of ArcelorMittal in Belgium. According to the company statement, the rolls will be used in cold- and hot-rolling mills of AM Liege and AM Gent. EMSS will have to supply the rolls in Q1 2017. (Ukrainian metal)
Russia’s second lender VTB’s position that the debt of metals producer Mechel should be unified is not really rational, a member of the company’s board of directors Alexander Shokhin reported. Mechel earlier agreed to restructure $5.1 billion out of its $6.2 billion debt, including about $1 billion of debts to VTB. In September, First Deputy…