Ukraine: scrap prices growing

On December 4-11, metal companies increased purchasing prices of scrap by 950 UAH per ton, to 6900 UAH per ton. The increase is driven by a growth of raw materials prices and improvement of the global market situation. Scrap deliveries last week amounted to 68.6 thousand tons as opposed to 64.9 thousand tons a week…

Ukraine: Mariupol Ilyich finishes another sheet-rolling shop reconstruction stage

The sheet-rolling shop-1700 of Mariupol Ilyich Iron and Steel Works is finishing another stage of reconstruction. In particularly, a new hydraulic winder for 32-ton hot-rolled coils has been assembled. Investments in the project exceeded $30 million. The machine has the winding speed of 20 meters per second and the capacity of 2.5 million tons of…