The major Ukrainian steelmakers have released their preliminary production results for the first eleven months of 2009. Accordingly, during the given period Ilyich Iron and Steel Works of Mariupol reduced its finished steel product output by 31.5% and its pipe production by 60% YoY to about 2.76 million tons and 36,000 tons respectively. Ilyich crude…
The Metallurgprom association said Ukraine would likely cut rolled steel output 15.6% this year to 26.684 million tons judging by results for the first 11 months. Pig iron production could fall 18% to 25.484 million tons, crude steel by 21% to 29.515 million tons, pipes by 32% to 1.593 million tons and coke by 12%…
It is reported that the Ukrainian Government has extended the effect of the Memorandum on Mutual Understanding with steel and iron ore mining manufacturers through the end of 2010. This document has been approved at the meeting of the Cabinet of Ministers recently.As per report, this Memorandum was signed by owners of steel and iron…
Dneprovsky Iron and Steel Works in November reduced the production of finished metal roll by 3% MoM down to 258,000 tons.The plant has increased steel production by 8.9% MoM to 281,000 tons and iron production by 7.1% MoM to 258,000 tons. The agglomerate production has been reduced by 2.5% MoM to 392,000 tons. (SteelGuru)
Alchevsk Metallurgical Plant in November reduced the production of finished metal roll by 12.7% MoM down to 254,000 tons.The plant has reduced steel production by 3.1% MoM down to 285,000 tons, iron production by 4.4% MoM down to 238,000 tons and the production of agglomerate by 6.9% MoM down to 376,000 tons. (SteelGuru)
It is reported that Ukrainian ArcelorMittal Kriviy Rih reduced finished rolled steel output in January to November 2009 by 20.4% YoY to 4.057 million tons, steel – by 23.9% to 4.540 million tons, iron – by 26.2% to 3.975 million tons, agglomerate – by 21.9% to 7.107 million tons.In November the plant produced 414,000 tons…
According to a source in the Cabinet of Ministers of Ukraine, ferrous scrap export in October this year in comparison to September decreased by 26.3% to 129,950 tonnes. Ferrous scrap export revenue decreased by 19.7% to USD 33.5 million. But as compared to October 2008, ferrous scrap export has increased in 3.9 times! In January…
Ukrainian Journal reported that Kiev based Smart Holding plans to challenge in court the results of the privatization of OJSC Kryvorizhstal, the largest mining and Metals Company in Ukraine a 93.02% stake in which was bought by Mittal Steel Germany at an open tender held on October 24th 2005. According to the report, the mill…