Khartsyzsk Pipe Works, JSC, part of the Metinvest Group, in June produced 8,590 tons of large diameter pipes, which is 15390 tons of pipes less than in May. Production volume is determined by the monthly production program. Product June 2010, t May 2010, t Change, % LDP 8590 23980 -64.18 Product January-June 2010, t January-June…
According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company, in the first half of 2010 Ukrainian imports of rolled steel products increased by 105.5% YoY amounting to about 601,800 tons. Imports of steel products Product January-June 2009, t January-June 2010, t Change, % Rebar 42,112 12,708 -69.8 Beam 4,082 4,720…
Azovstal Iron and Steel Works, part of the Metinvest Group, in June produced 4.23 million tons of cast iron and 4.84 million tons of steel.Production of rolled steel in June comprised 4.38 million tons. In June the works produced 1.79 million tons of bulk coke with 6% of moisture. Product June 2010, mln. t May…
According to the data issued by the State Statistics Committee of Ukraine, in January to May this year the country exports of ferrous metals increased in value by 47.3% YoY to $5.79 billion, while its exports of ferrous metal products went down by 17.3% YoY to $668.5 million. The share of exports of ferrous metals and…
According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in the first half of this year Ukraine consumed 2.93 million tons of rolled steel products, up by 36.2% YoY. In June Ukrainian consumption of rolled steel products decreased by 7.7% MoM and rose by 26.9% YoY. In H1 this year,…
It is reported that steelmaking companies in Ukraine plan to cut their pig iron smelting by 1.3% to 2.270 million tons, steel smelting by 1.4% to 2.720 million tons and finished steel by 4.9% to 2.530 million tons in August compared to July.Mr. Vasily Kharahulah, MD of Metallurgprom, said daily average pig iron production in…
Fitch Ratings shows rising raw material prices and VAT refund related liquidity concerns are exposing longstanding structural weaknesses in the Ukrainian steel industry and this could ultimately lead to a consolidation of producers.Mr. Peter Archbold, Senior Director in Fitch Industrials team, said “Given the challenges facing the Ukrainian industry at present, M&A transactions could represent…
Siemens VAI Metals Technologies will supply the ArcelorMittal Kriviy Rih in Ukraine with secondary metallurgical equipment, a six-strand billet caster and the requisite auxiliary systems. The order also includes a comprehensive service agreement under which Siemens VAI and DP Siemens Ukraine will provide services related to the local supply and service contracts for construction and…