Ukraine: January 2015 sees less ferrous exports earnings
In January Ukrainian metal companies exported $748.7 million worth of ferrous metals, down by 34.3% YoY.
In January Ukrainian metal companies exported $748.7 million worth of ferrous metals, down by 34.3% YoY.
A rise in hot metal output in Q4 2014 caused an increase in merchant pig iron production of 114,000 tons QoQ.
The Eurasian Economic Commission (EEC) has decided to launch an anti-dumping investigation into the import of 426 mm cold-rolled and hot-rolled seamless pipes of stainless steel produced in Ukraine.
In January Azovstal Iron and Steel Works, a part of the Metinvest group, produced 244 thousand tons of rolled metal, down by 22.3% YoY.
Zaporozhye Titanium and Magnesium Works (ZTMK), a part of Group DF, produced 207 tons of titanium ingots in 2014, up 3 times YoY.
In January Yuzhniy Mining and Processing Works (UGOK) produced 960.5 thousand tons of concentrate, down by 1.7% YoY.
In 2014 Ukraine’s largest metal company Metinvest produced 4.79 million tons of coke, down by 22% YoY.
In December 2014 Dneprospetsstal produced 17.63 thousand tons of steel, down by 18.2% MoM.