It is reported that ArcelorMittal, the world’s largest steel producer, plans to invest $200 million to modernize and boost efficiency at its Ukrainian steel mill in 2010.Mr. Jean Jouet, CEO for ArcelorMittal Kriviy Rih, said these plans could be derailed if the company continued to struggle in receiving value added tax refunds from Ukraine cash-strapped…
According to the information issued by the Ukrainian Ministry of Economy, up to March 1st 2010, Ukraine utilized 12.48% of its annual quota for rebar exports to Russia and 48.87% of its yearly quota for cold-rolled steel exports to the same destination, supplying a total of 49,901 tons and 102,620 tons respectively. In the last…
It is reported that in January to February the pipe producing subsidiaries of the Interpipe Corporation increased their steel pipe output by 2.1 times to 112,700 tons.Specifically, during the first two months of 2010, Interpipe NTRP registered a 46.3% increase in its pipe production to 48,700 tons, Interpipe NMPP saw its pipe output increase 2.5…
It is reported that Azovstal, an integrated iron & steel works which is a part of Metinvest holding, has increased production of rolled steel products in January to February by 87.6% YoY to 859,000 tons, crude steel by 83.5% to 923,000 tons, pig iron by 80.6% to 784,000 tons, coke by 11.4% to 322,000 tons.February…
It is reported that in February in comparison with January Ukraine has reduced production of pig iron by 10.9% to 2.084 million tons.In general during January to February 2010 compared to the same of 2009 production of pig iron at Ukrainian mills increased by 15.2% to 4.42 million tons.In January 2010 as compared to December…
In January Ukraine exports of ferroalloys registered an increase of 10.3% to 97,390 tons compared to December 2009. Meanwhile, compared to January 2009, the country ferroalloy exports went up 5.9 times. Specifically, Ukraine ferrosilicomanganese exports increased by 2.9% to 62,000 tons, its ferromanganese exports went up two times to 14,300 tons while its ferrosilicon exports…
According to the preliminary data issued by the Ministry of Industrial Policy of Ukraine, in January to February Ukraine finished steel product output registered an increase of 11% to 4.514 million tons and crude steel output up by 12% to 5.069 million tons.In the first two months of 2010 Ukraine pig iron production saw an…
It is reported that the Ukrainian company Unisteel plans in June to start production at its new 100,000 tons annual capacity HDG line at the city of Kriviy Rih in the region of Dnipropetrovsk.In March Unisteel will complete the installation of the line equipment, in April to May training will be carried out for staff…