According to the preliminary data, Ukraine’s crude steel production in the first 5 months of this year reached 14.691 million tons, up by 5.8% on the corresponding period of last year.In addition, Ukrainian output of finished steel in the given period rose by 9.2% to 13.028 million tons while production of cast iron went up…
Metinvest, a vertically integrated group of metals and mining companies, will commence sales of products from Moldavian Steel Works (MMZ).Nearly 33,000 tons of products will be shipped for Metinvest during the first month of production. Long rolled steel will be sold in Ukrainian market through the retail network of service metal centers of Metinvest SMC,…
According to the Alchevsk Iron and Steel Works’s CEO, the mill should gradually increase its monthly crude steel output from 300,000 tons presently to 420,000 tons by September 11th implying full utilization. He also mentioned that the increase would not involve the re-commissioning of inefficient OHFs, which were shut down in November 2010.Millennium Capital analyst…
UKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON UKRAINE&RUSSIA: ROUND BILLETS UKRAINE&RUSSIA: SQUARE BILLETS UKRAINE&RUSSIA: ROLLED WIRE Month Russian market, $/t, $1/RUR27.5022* Ukrainian market, $/t without VAT, $1/UAH7.9654* min max min max March 755.58 925.38 694.63 840.13 April 750.49 925.38 694.63 840.13 Month Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black…
Interpipe, the leading Ukrainian producer of steel pipes, will supply steel pipes worth a total of UAH 27.324 million up to 2012 to the state holding company Rovenkiantracit. Interpipe won the tender in question, signing an agreement on May 13th 2011.Rovenkiantracit controls several mines which produce power generating coal, as well as a number of…
In January to April the Ukrainian pipe producer Khartsyzsk Pipe Works, a subsidiary of Ukraine’s largest vertically integrated mining and steel group Metinvest, exported 192,000 tons of steel pipes to Russia, 2.5 times more than in the same period last year.In January to April KhPW had produced 210,000 tons of steel pipes, 194% higher than…
Azovstal Iron and Steel Works plans to close outdated, energy inefficient open-hearth furnaces in May.Steel production capacity will decrease by 1.3-5.5 MT per year, with two converters left. Additionally, Azovstal gained approval at the end of April to produce rails from converter steel from its biggest rails customer, Ukrzaliznytsia.Until recently OHF steel was used. Azovstal…
In April Ukraine’s crude steel output totaled 2.995 million tons, 3% or 94,000 tons lower as compared to March.In the January to April period Ukrainian crude steel production reached 11.631 million tons, marking an increase of 5.8% YoY. (SteelOrbis)