It is reported that Alchevsk Iron and Steel Works is planning to increase February crude steel output by 14-18% to reach 320,000-330,000 tons. The corresponding increase in rolled products’ output is to underlie 230,000 slab exports in February. To meet the growing production targets for pig iron, in January the company has re-launched its blast furnace…
Prime-Tass has cited Mr. Vladimir Pikovskiy, head of the steel and mining industry department of Derzhzovnishinform (DZI), the Ukrainian national research and information center for monitoring international commodity markets, as saying that Ukrainian steel producers have temporarily suspended shipments of rolled steel products to Egypt due to the political crisis in the country.Mr. Pikovskiy said…
It is reported that in January Ukrainian steelmakers have decreased crude steel output by 1% MoM. Alchevsk Iron and Steel Works has boosted the production of crude steel and rolled products by 12% and 15% respectively, while the other producers have shown few changes.According to a Millennium Capital analyst, “The news is neutral for the…
It is reported that Donetsk Electrometallurgical Plant (DEMZ) in January increased its steel smelting volume four times compared to the same period of last year to 88,600 tons.DEMZ has continued to increase its hot-rolled steel product output both from its own steel as well as from steel bars supplied by Chelyabinsk Iron and Steel Works…
It is reported that in January 2011 Ukrainian mill Donetsk Iron and Steel Works (DMZ) produced 42,000 tons of crude steel, down by 14.3%, 39,000 tons of rolled steel products, down by 20.4% YoY, and 120,000 tons of pig iron, down by 7.7% YoY.In 2010 DMZ increased its rolled steel products output by 12% YoY…
Reuters reported that Ukraine’s largest mining and metals group Metinvest planned to boost steel output to 25 million tons in the long run through acquisitions and modernization of its existing facilities.Metinvest quoted its director Mr. Ihor Siryi as saying in a statement that “Our long term target is to reach the level of 25 million…
It is reported that in 2010 Ukraine’s imports of long steel products increased by 79.2% YoY to 378,860 tons valued at $350.6 million.In December 2010 Ukraine’s long steel product imports amounted to 32,680 tons, almost equal to the November 2010 level, but up by 34.6% YoY. About 60% of this volume (19,570 tons) came from…
According to Mr. Andriy Klyuyev, Ukraine’s minister of economic development and trade and acting first deputy prime minister, Ukrainian government intends to attract $1 billion in investments for the modernization of the country’s metallurgical industry in 2011-2012.Mr. Klyuyev said “About $1 billion will be invested in 2011-2012 in the reconstruction of enterprises in the metallurgical…