It is reported that in 2010 Ukraine is expected to increase the output of its main steel products by 7% YoY to 8% YoY, considering the data issued by the Ukrainian association of metal producers Metallurgprom based on the country’s steel output results for the first month of the year.Considering the production dynamics in January…
Steel pipe and railway wheels producer Interpipe has announced that it has supplied pipes for the building of an oil terminal in the port of Antwerp. The welded pipes supplied by Interpipe range in size from 406.4 mm to 9.5 mm. The volume of pipes supplied amounts to 2,000 tons. The pipes have been produced…
It is reported that ArcelorMittal Kriviy Rih, Ukraine-based subsidiary of the world largest integrated metals and mining company ArcelorMittal, plans in 2010 to carry out the modernization of its converter shop by installing a new ladle furnace, a new continuous billet caster and by replacing its gas cleaning units.ArcelorMittal Kriviy Rih 2010 investment projects are…
According to Mr. Vladimir Boiko, general director of the Mariupol Ilyich Iron and Steel Works, the company could be forced to stop its operations within two or three months if the state does not pay value added tax refunds which currently exceeds UAH 800 million.Mr. Boiko said “Currently the main thing for the plant is…
It is reported that the Ukrainian mills have announced new prices for 2nd quarter 2010.Mariupol Ilyich Iron and Steel Works has increased plate prices to $555 per ton FOB basis, while Zaporozhstal is looking for a price above $600 per ton FOB ST for HRC. (Steelprices-europe)
According to the data, released by metal trading enterprise Ukrainian Mining and Metallurgical Company, in the first month of 2010 Ukraine imports of steel products amounted to 80,600 tons, indicating an increase of 32.3% MoM and a rise of more than five times YoY. Accordingly, in January 2010 the biggest share in overall steel imports…
Ukraine steel output hit 2.73 million tons in January, an insignificant drop of 29,000 tons down by 1.1% MoM, capacity utilization rate in the industry remained steady at 75%, production for the month was up 26.8% YoY due to a low comparison base. This low comparison base effect should see the domestic steel industry reporting…
According to preliminary data, in 2009 the investment volume into Ukrainian metallurgy upgrade did not exceed UAH 5 billion.In recent years the metallurgists kept increasing the investments into main capacities upgrade. The investment started picking up in 2007, when the investments volume amounted to UAH 10.5 billion. In terms of specific investments per 1 ton…