The Mariupol Ilyich Iron and Steel Works, a subsidiary of the Ukraine-based vertically-integrated mining and steel group Metinvest, plans to build a new converter mill with a rolling mill. After the project realization, Ilyich will be able to produce 8.5-9.0 million tons of steel per year.Also, Ilyich plans to reconstruct its mill 1700 in order…
It is reported that the Ukrainian steel-making industry will produce 30.7 MT of finished steel products, up by 9% YoY, and 34.7 million tons of steel, up by 6% YoY in 2011. These projected figures are 2% lower in comparison to the forecast issued by the ministry in May.According to Phoenix capital, “The event is…
In January to July Lugansk Tube Plant increased its welded steel pipe production by 4% YoY to 132,000 tons.In August the mill plans to produce around 16-17,000 tons of welded pipes and to maintain its July work level on the back of steady demand from both local and foreign customers. (SteelOrbis)
Mr. Viktor Vekselberg’s Renova Group is in talks to buy metals assets of Viktor Pinchuk EastOne LLC.EastOne is looking to sell 25% of companies that control three ferroalloy plants and two iron ore processing facilities in Ukraine including the Nikopol Ferroalloy Plant. The stakes may be worth a total of $1.5 billion. (Kommersant)
ArcelorMittal Krivyi Rih steel production declined by 13.6% YoY in July from the same month a year ago.Mr. Alexander Ioskov, who heads the production department at ArcelorMittal Kryvyi Rih, said output fell to 425,100 tons from 492,100 tons.Steel production declined to 3.08 million tons in the first seven months of the year from 3.56 million…
The Ukraine-based vertically integrated mining and steel group Metinvest has completed the cold repair of the open hearth furnace No 6 at the open hearth shop of the Mariupol Ilyich Iron and Steel Works.The company invested around UAH 15 million in the repair works which took eight days. The previous repair of open hearth furnace…
UKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON UKRAINE&RUSSIA: ROUND BILLETS UKRAINE&RUSSIA: SQUARE BILLETS UKRAINE&RUSSIA: ROLLED WIRE UKRAINE&RUSSIA: SLABS Month Export, Ukraine, $/t, FOB Black sea ports min max June 650.00 660.00 July 605.00 610.00 Month Export, Russia, $/t, FOB Black sea ports min max June 640.00 660.00 July 600.00 650.00 * – Ukrainian Hrivna…
It is reported that during the period from October 1 2010 to July 31 2011 importers of steel pipes to Ukraine used 88.33% of their annual quota for imports of steel seamless casing and tubing with diameters up to 406.4 mm. In the given period 14,094 tons of steel seamless casing and tubing were imported…