ArcelorMittal Kryvyi Rih crude steel output down by 10% in January-April

In the January to April period of the current year the crude steel production of ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 1.838 million tons, down by 10% YoY. In addition, in the first 4 months of the year ArcelorMittal Kryvyi Rih registered a 12% decrease YoY in its finished…

KhPW steel pipe output up by 194% in January-April

Ukrainian pipe producer Khartsyzsk Pipe Works announced that in January to April this year it produced 210,000 tons of steel pipes, 194% more than in the same period of 2010. Meanwhile, KhPW’s production of steel pipes in April decreased by 1% compared to March, dropping to 54,100 tons. (SteelOrbis)

Metinvest launches BOF steel rails production

Metinvest is launching BOF steel rails production at Azovstal Iron and Steel Works. The manufacturing procedure for the rails production has been approved by Azovstal’s strategic partner Ukrzaliznytsya.Metinvest experts together with the State Research and Development Center of Ukraine have developed and evaluated the manufacturing practice for BOF steel rails and all delivery trials have…

Ukrainian coke exports up by 39% in Q1

According to the official data for the Q1 of the current year, Ukrainian exports of metallurgical coke increased by 39.4% YoY to 43,481 tons.In March alone, coke exports from Ukraine increased by 105.9% compared to February, rising to 227,900 tons, and were up by 126.9% YoY. In 2010 Ukraine’s coke exports increased by 59% YoY…

Ukrainian steel makers report negative results for Q1 2011

Ukrainian steel companies reported their financial statements for the Q1 2011, which turned out to be much worse than expected.Yenakievo Iron and Steel Works posted negative EBITDA of $45 million which increased 1.5 times YoY, net losses almost doubled to $52 million. Mariupol Ilyich Iron and Steel Works’ net losses increased by a factor of…

March 2011

UKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON UKRAINE&RUSSIA: ROUND BILLETS UKRAINE&RUSSIA: SQUARE BILLETS Month Russian market, $/t, $1/RUR31.38 Ukrainian market, $/t without VAT, $1/UAH 5.33* min max min max February 464.82 774.38 791.76 1008.90 March 806.25 857.23 791.76 1008.90 Month Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports…