Since the end of January HMS 1&2 (80:20) has fallen in price by 25% and is now sold at $255-263/t CIF.
In January Ukraine exported $153.95 million worth of flat rolled products, with imports on the level of $27.16 million.
In January Ukraine exported $41.33 million worth of pig iron, while imports reached $0.54 million.
In January Nikopol Ferroalloys Plant (NZF) produced 0.9 thousand tons of ferromanganese, down by 76.9%, or by 3 thousand tons, MoM.
In January Ukraine produced 30.8 thousand tons of manganese concentrate and sinter, down by 76.7%, or by 101.5 thousand tons, MoM.
In January Ukraine exported $11.82 million worth of ferrous scrap, while imports reached $0.39 million.
Some mines are still operating in the Lugansk region, controlled by Ukraine. These belong to Lisichanskugol and Pervomayskugol. In 2014 these companies produced 1 million tons of coal.
In January Ukrainian ferroalloy companies produced 82.6 thousand tons of ferroalloys, down by 0.5% YoY.
In January Ferrexpo plc, controlling Poltava and Yeristovo Mining and Processing Works (PGOK and EGOK), increased its pellets output by 2.5%, to 1.01 million tons, YoY. At the same time concentrate production went down by 4.5%, to 1.143 million tons.
In January major Ukrainian pipe companies decreased their output of ferrous pipes by 10.1%, to 78.3 thousand tons, YoY. In December 2014 pipe output was 94.3 thousand tons, in November 2014 – 102.3 thousand tons.
In 2014 Metinvest group produced 34880 thousand tons of iron ore concentrate, down by 6%, or by 2038 thousand tons, YoY.
In January Ukrainian metal companies exported $748.7 million worth of ferrous metals, down by 34.3% YoY.
A rise in hot metal output in Q4 2014 caused an increase in merchant pig iron production of 114,000 tons QoQ.
The Eurasian Economic Commission (EEC) has decided to launch an anti-dumping investigation into the import of 426 mm cold-rolled and hot-rolled seamless pipes of stainless steel produced in Ukraine.
In January Azovstal Iron and Steel Works, a part of the Metinvest group, produced 244 thousand tons of rolled metal, down by 22.3% YoY.
In December 2014 Dneprospetsstal produced 17.63 thousand tons of steel, down by 18.2% MoM.
January-September 2014 UK-based Ferrexpo Plc, controlling Poltava Mining and Processing Works, finished with the profit of $150.15 million.
Industrial prices in Ukraine after stability in December 2014 have started growing again, rising for the first month of the New Year by 2.3%.
In 2014 Ukraine imported $160.71 million worth of manganese ore, with exports on the level of $4.16 million.
ArcelorMittal Kriviy Rih has started producing 8, 10 and 12 mm diameter reinforcement bars for Israel. 5 years ago AMKR supplied its products to the local market, but now the company and its customers enter a new level of cooperation. Israel witnesses rise in construction and thus the high demand for reinforcement bars.