Ukraine issues ferroalloy import and export data for January

In January Ukraine exports of ferroalloys registered an increase of 10.3% to 97,390 tons compared to December 2009. Meanwhile, compared to January 2009, the country ferroalloy exports went up 5.9 times. Specifically, Ukraine ferrosilicomanganese exports increased by 2.9% to 62,000 tons, its ferromanganese exports went up two times to 14,300 tons while its ferrosilicon exports…

Mechel denies Donetsk-based ISTIL acquisition rumors

It is reported that Mechel, one of the leading Russian mining and steel groups, has denied the media rumors that it is in the process of acquiring the Ukrainian steel producer Donetsk Electrometallurgical Plant, the mini-mill previously known as ISTIL.Mr. Alexander Tolkach, director of Mechel’s department of communications, said “We categorically deny this information.”Donetsk Electrometallurgical…

Centravis issues 2009 results

The Cyprus-registered holding company Centravis Ltd. announced that in 2009 its Ukrainian seamless stainless steel tube producing subsidiary Centravis Production Ukraine, based in the Nikopol city, saw a 41.08% YoY decrease in its tube production to 9,771 tons. Meanwhile, in 2010 it is planned that the subsidiary will increase its output by 48.4% YoY to…

ArcelorMittal Kriviy Rih to invest over $200 million in 2010

According to Mr. Jean Jouet, CEO of ArcelorMittal Kriviy Rih, the Ukraine-based subsidiary of the world largest integrated metals and mining company ArcelorMittal, the company plans in 2010 to invest more that $200 million into the implementation of its modernization projects.Mr. Jouet said “After the slowdown in 2009, this year we intend to increase our…

DECEMBER 2009

UKRAINE&RUSSIA: STEEL-MAKING PIG IRONUKRAINE&RUSSIA: FOUNDRY PIG IRON UKRAINE&RUSSIA: ROUND BILLETS UKRAINE&RUSSIA: SQUARE BILLETS UKRAINE&RUSSIA: ROLLED WIREUKRAINE&RUSSIA: SLABS UKRAINE&RUSSIA: REINFORCEMENT STEEL, CLASS A1, A3UKRAINE&RUSSIA: ROUNDS, SQUARES   UKRAINE&RUSSIA: BEAMS, CHANNEL Month Russian market, $/t, $1/RUR31.38* Ukrainian market, $/t without VAT, $1/UAH 5.33* min max min max November 534.10 913.00 703.56 1299.25 December 534.10 913.00 703.56 1299.25…