Ukraine’s largest steel mill, owned by ArcelorMittal, cut crude steel production to 450,000 tons last month from 534,000 in January 2010.ArcelorMittal Kriviy Rih reduced pig iron output by 16% to 389,000 tons and cut rolled steel production by 9.5% to 406,000 tons. In 2010 the mill boosted steel production to 6.13 million tons from 5.04 million…
It is reported that in 2010 Ukraine’s semi-finished steel product exports saw a slight decrease of 0.8% YoY amounting to 11.404 million tons valued at about $5.426 billion, while its imports of semi-finished steel products increased by 91% YoY to 472,580 tons valued at $285 million.In December 2010 Ukraine’s semi-finished steel product exports decreased by…
It is reported that AzovElectroStal, a Ukrainian steel maker affiliated with Azovmash, increased output by 2.4 times YoY in 2010. Company also plans further expansion in 2011.According to a Millennium Capital analyst, “We consider the news as positive for Mariupol Heavy Machinery controlled by Azovmash. Earlier the latter announced plans to increase output of freight…
According to the data, issued by Ukraine’s State Statistics Committee, in 2010 the country metallurgical companies increased their product sales by 45.3% YoY to about UAH 189.442 billion.As per report, in 2010 the share of metallurgical companies in Ukraine’s total sale of industrial products amounted to 21.3%. In 2009 Ukraine’s metallurgical companies saw a 31%…
It is reported that Dneprovsky Iron and Steel Works named after F. Dzerzhinsky, a subsidiary of the Ukrainian steelmaker Industrial Union of Donbass, has started preparations for the commissioning of its new seven-stranded continuous billet caster No 3, which is expected to be started up by the end of the first quarter of this year.The…
It is reported that Alchevsk Iron and Steel Works plans to increase monthly crude steel production by 18-26% MoM in January implying crude steel output of 295,000-315,000 tons. The high value added hot-rolled plate output is to increase by 38% MoM to 85,000 tons in January.According to a Millennium Capital analyst, “The news is positive…
Reuters reported that Ukraine No 1 steel mill, owned by ArcelorMittal, raised crude steel production in 2010 to 6.13 million tons from 5.04 million tons in 2009.Rolled steel production rose to 5.41 million tons last year from 4.50 million, while pig iron output rose to 5.32 million from 4.42 million a year earlier.Ukrainian industry officials…
It is reported that Dneprospetsstal, which is specializing in production of stainless steel and other specific alloyed steel grades, increased steel smelting by 48.7% and finished steel production by 51.3% in comparison with 2009.In December 2010 it produced 35409 tons of steel and shipped 22549 tons of finished steel products valued at $50 million. (Rusmet) Much…