In January-September Ukrainian metallurgical companies decreased capital investments into technical overhaul and modernization by 27.5%, or 783.2 billion UAH, to 3,695 billion UAH YoY. In 2013 companies mostly invested in construction of new objects and the already going reconstruction and modernization of existing capacities. Vital to the sector are the modernization of furnace manufacture and…
In January 2014 Ukraine’s crude steel production is expected to decrease by 1.4% compared to the expected output in December this year to 2.70 million tons. In January 2014 pig iron output in Ukraine will total 2.50 million tons, down by 1.5% compared to the expected December 2013 result, while Ukrainian production of rolled steel…
In the first 11 months of the current year the crude steel production at ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of the global steel giant ArcelorMittal, totaled 5.866 million tons, down by 0.05% year on year, as announced by the company. In addition, in the first 11 months of the year ArcelorMittal Kryvyi Rih saw…
The Cabinet of Ministers of Ukraine is not going to impose quotas on imports of coking coal in the first quarter of 2014 as Ukrainian coke plants and companies have undertaken to buy a considerable proportion of coking coal from local state mines.Ukraine’s government decided to increase quotas on imports of coking coal in 2013…
Ukrainian iron ore and agglomerate producer Uzhniy GOK (UGOK) announced that in November this year its iron ore concentrate production increased by 12.05% year on year to 940,100 tons. Its output of agglomerate in the given month increased by 70.61% year on year to 221,800 tons.In January-November UGOK’s iron ore concentrate production rose by 4.6%…
In January-November Ukrainian metal companies increased steel output by 0.6%, to 30,02 million tons, pig iron output – by 1.8%, to 26,637 million tons and decreased rolled metal output by 0.1%, to 26,625 million tons, YoY. In November steel smelting decreased compared to October by 2.5%, to 2.554 million tons, and by 4.9% compared to…
The Ukrainian mining and steel producing group Metinvest has stated that it has signed a contract with Italy’s Termokimik Corporation, a leading producer of environmental equipment for industrial companies, to develop the basic engineering to upgrade the sinter plant at its subsidiary Mariupol Ilyich Iron & Steel Works (MMKI). Total investment in the project will…
In November Zaporizhstal’s finished steel product output decreased by 26.5% year on year to 199,100 tons, while its crude steel production declined by 11.6% year on year to 279,000 tons, according to the company’s preliminary results.In the January-November period Zaporizhstal saw a 1.6% year-on-year rise in its finished steel product output to 2.932 million tons,…