In January-February, Ukraine exported 764.82 million tons of ferrous metals valued at $1.49 billion, up by 12% and by 6.9% YoY respectively. According to the Customs Statistics, the share of ferrous export revenue was 17.57% as opposed to 17.22% last year. Imports decreased by 12.8%, to $121.53 million. (Ukrainian metal)
In 2020-2021, despite the pandemic-related crisis, the Ukrainian market of metal structures revived a bit. According to the people’s deputy Musa Magomedov, this mostly has to do with the Big Construction program. Metal structures were in demand in large infrastructure projects, such as road, bridge and airport construction and repairs. Now the market could grow…
In February, Zaporizhstal produced 356.8 thousand tons of pig iron, 316.9 thousand tons of steel and 266.4 thousand tons of rolled metal. Compared with February 2020, pig iron output decreased by 3.6%, steel – by 1.2% and rolled metal – by 2%. In January-February, Zaporizhstal produced 755.8 thousand tons of pig iron, 653.2 thousand tons…
Ukrzaliznytsia has announced 11 auctions to sell scrap with the combined weight of 71.4 thousand tons in the ProZorro.Sales system. The combined starting price is 467.9 million UAH. Average price is 6.553 thousand UAH per ton. The auctions will be held on March 9. Since the start of the year, the company has sold 51.3…
A draft decree No. 5175 to prolong the ferrous scrap export duty in the amount of 58 euro per ton for 5 years has been registered in the Verkhovna Rada. The accompanying note says that the positive effect of the duty has been noticed since its implementation in 2016. In particular, while in 2015 scrap…
With each day of the Russian occupation of Lugansk region the opportunities to revive the industry of the region dwindle down. Following the shut down of mines, all the iron and steel works will be closed as well. Alchevsk Iron and Steel Works could become the first of such companies, as it half-operates only one…
In 2020, metal companies in the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia, decreased exports of pig iron to Turkey via Russia 1.5-fold YoY, to 287 thousand tons. At the same time, Russian exports grew by 53%, to 974 thousand tons. Pig iron prices increased from $350 to $550 per…
In 2020, the volume of capital investments in metal industry decreased by 52.6% YoY, to 18.8 billion UAH. According to the State Statistics Service, overall investments in industry dropped by 43.6%, to 153.3 billion UAH. The share of metallurgy was 12.3%. In Q1 2020, capital investments decreased by 27.5%, in Q2 – by 51.4%, in…