Ukraine scrap exports in January drop by 56% MoM

In January Ukraine’s ferrous scrap exports went down by 56% MoM and 11.5% YoY to 26,450 tons (delivered to Turkey). The value of Ukraine’s scrap export sales in January 2011 was down by 55.6% YoY decreasing to $9.17 million. (SteelOrbis)

Ukrainian average daily pig iron output continues to increase

According to the Ukrainian association of metal producers Metallurgprom, in February Ukraine’s average daily pig iron output continued its positive trend, seeing an increase of 1.3% MoM from 77,800 tons to 78,800 tons.  Product January, t February, t Pig iron 77,800 78,800 Crude steel 92,400 95,300 Rolled steel products 89,600 89,000 In the first 14…

Jenuary 2011

UKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON Month Russian market, $/t, $1/RUR31.38* min max December 455.70 621.41 January 455.70 621.41 Month Ukrainian market, $/t without VAT, $1/UAH 5.33* min max December 766.04 804.88 January 763.60 789.68 * – the US dollar exchange rate has been fixed to avoid exchange rate differences.  (Ukrainian Metal) UKRAINE&RUSSIA:…

Construction of Interpipe Steel nears completion

Interpipe is continuing the construction of its new electric steel smelting complex Interpipe Steel with capacity of 1.32 million tons of steel billets per year. Currently, construction works at the building site are 72% complete.The continuous casting machine 1 and continuous casting machine 2, a ferroalloy warehouse, gas-cleaning and chemical water treatment sets are nearing…

ArcelorMittal Kriviy Rih sees decreased steel output in January

It is reported that ArcelorMittal Kriviy Rih, the Ukraine-based subsidiary of the world’s largest integrated metals and mining company ArcelorMittal, has announced that due to technical issues, in January it saw a YoY decrease in output, producing 447,300 tons of crude steel, down by 16%, 389,900 tons of pig iron, down by 16%, and 422,200…