Ukrainian metal companies cut steel production by 17% in 2014 compared to 2013, to 27.161 million tonnes, the Metallurgprom association (Dnipropetrovsk) has told Interfax-Ukraine. (https://www.kyivpost.com/content/ukraine/ukraine-cuts-steel-smelting-by-17-in-2014-due-to-hostilities-in-ato-zone-376779.html)
Ukrainian iron ore pellet producer Ferrexpo PLC (FEEXF) said Tuesday it has produced a record annual output of iron ore pellets, a high quality raw material used in steel making.
Ukrainian firm Metinvest will take three to five months to rebuild a rail bridge over the Kalchik river that was destroyed in an attack on 23 December, claiming the life of one steel worker and forcing the company to reduce output at its two mills, the company has said.
In November Ukraine exported $12.23 million worth of ferrous metals scrap, while imports totaled $0.74 million.
In 2014 steel consumption in Ukraine will reach 4 million tons as opposed to 7.1 million tons in 2013.
In November Nikopol Ferroalloy Plant (NZF, Dniepropetrovsk region) produced 1.9 thousand tons of ferromanganese, up by 46.2%, or by 0.6 thousand tons, MoM.
In November Ukraine produced 882 thousand tons of coke, up by 3.5%, or by 30 thousand tons, MoM.
Month Russian market, $/t, $1/RUR49.322 Ukrainian market, $/t without VAT, $1/UAH14.969* min max min max October 926.31 1058.05 1002.05 1041.30 November 1018.65 1180.42 1002.05 1041.30 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.11.14 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)