Zaporizhstal reduces HRC export offer

It is reported that Zaporizhstal has pulled down its export offers for hot-rolled coils of July production by $100 per ton in comparison with the recent month. July production material is offered at $550-560 per ton.Traders said the manufacturer had no other choice. Other Ukrainian producers are not ready to announce the prices. Ilyich Steel…

Ilyich and Metinvest combination could create one of world’s top steel firms

Ukrainian analysts said a likely combination between the Mariupol Ilyich Iron and Steel Works and the Metinvest conglomerate would create one of the world’s top 20 steel firms.Mr. Andrei Gerus, head of consulting at Concorde Capital, says Metinvest is currently the world’s 30th biggest steel producer. It is also the world’s seventh biggest iron ore…

Donetskstal halts BF due to price fall

Donetskstal (DMZ) stops the second of its two blast furnaces because of price fall at steel markets and price growth at raw materials market.Today the furnace is in the stopping stage reported recently by the deputy head of press department Ms. Julia Revyakina. According to her words, the furnace is stopped for a period around…

ArcelorMittal Kriviy Rih plans to start processing oxidized ore

Local newspaper Delo has reported citing Mr. Christophe Cornier, member of ArcelorMittal group management board, as saying ArcelorMittal Kriviy Rih intends to implement a project for processing oxidized ores.Mr. Cornier said “We produce 8 million tons of sinter per year and, with the introduction of oxidized ore processing technology, the production will double.”The management of…

Operations of Ilyich and DMKD hit by reduced gas supplies

It is reported that Ukraine’s national energy company Naftogaz has started to limit gas supplies to the most indebted domestic steel producers, i. e. to the Mariupol Ilyich Iron and Steel Works and Dneprovsky Iron and Steel Works named after F. Dzerzhinsky (DMKD), a subsidiary of the Ukrainian steel producer Industrial Union of Donbass (ISD),…

IUD sharply decreased output in late May

It is reported that the steelmaking subsidiaries of the Ukrainian steel producer Industrial Union of Donbass, namely Alchevsk Iron and Steel Works and Dneprovsky Iron and Steel Works named after F. Dzerzhinsky (DMKD), have sharply decreased their steel outputs in late May to early June.According to Ukrainian association of metal producers Metallurgprom, when its operations…

Metinvest iron ore subsidiaries announce 5 months output results

It is reported that the iron ore subsidiaries of the Ukrainian mining and steel producing company Metinvest Holding have issued their production results for the first five months of 2010.Central GOKIn January to May this year, Central GOK increased its concentrate output by 43.8% YoY to about 2.492 million tons and saw an insignificant drop…

Interpipe doubles pipe output in 5 months

It is reported that in January to May 2010, the pipe producing subsidiaries of Interpipe Corporation doubled their steel pipe output to 315,800 tons as compared to the same period of last year.Specifically, in January to May this year, Interpipe NTRP registered a 68.8% increase in its pipe production to 132,200 tons, Interpipe NMPP saw…