Ukrainian Journal reported that Ukraine’s Yenakievo Iron and Steel Works one of the world’s largest producers of steel billets signed a Joint Implementation Project deal under the Kyoto Protocol with ING Bank seeking to reduce emissions of greenhouse gas. According to preliminary estimates, the project will help the company to reduce GHG emissions into the…
It is reported that the Supreme Economic Court of Ukraine has approved the decisions of the courts of first and second instance for the legal collection of about of UAH 205.59 million from the Ukrainian steelmaker ArcelorMittal Kriviy Rih in favor of ferroalloys producer Zaporozhye Ferro Alloys Plant. As SteelOrbis has previously reported, the amount…
According to the preliminary data issued by the Ministry of Industrial Policy of Ukraine, in January to September 2009 Ukraine finished steel product output down by 27%YoY to 19.31 million tonnes and crude steel output down by 32% to 21.68 million tonnes. In January to September this year, Ukraine steel pipe production down by 37%…
Yenakievo Iron and Steel Works part of Metinvest Group signed the Joint Project Implementation Agreement with ING Bank NV. The Agreement stipulates service delivery in the field of the Kyoto Protocol mechanisms aiming at energy saving technologies implementation, reduction of environmental impact of the enterprise down to a technically feasible minimum and improvement of the…
It is reported that Ukrainian steel producers are going to increase slab export by 50% MoM to 55% MoM to 430,000 tonnes to 450,000 tonnes in September. Azovstal kept on August level at 250,000 tonnes due to 100% usage of slabbing capacities. Illich Steelworks also maintained August export level at 45,000 to 50,000 tonnes while…
According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to August 2009 Ukraine steel market capacity registered a 42.9%YoY to about 3.643 million tonnes. In August this year steel product deliveries in the Ukrainian domestic market amounted to 600,000 tonnes. Ukrainian Mining and Metallurgical Company said “Since October…
According to the data issued by the Ukrainian Association of Metal Traders, in January to August 2009 the country registered a 47.6% decrease in rolled steel consumption YoY to approximately 3,220,381 tonnes. Meanwhile, during the period in question imports of rolled products to Ukraine went down by 71.1%YoY to 403,431 tonnes. Accordingly, in January to…
It is reported that Ukrainian steel producer Ilyich Iron and Steel Works of Mariupol has announced that during the H1 of 2009 it has registered losses of UAH 700 million. Mr Vladimir Boyko CEO of Ilyich said “In the H1 of 2009 we registered minus UAH 350 million for commercial products, while according to our…