For flats products Black Sea market looked somewhat stable this week with most of the quotes at previous week levels. But, it is reported that a major Ukrainian mill proposed their HRC offer to a MEA buyer at around USD 535 per tonne on CFR basis. This indicates lowering of offer levels by USD 20…
According to as a source in Cabinet of Ministers of Ukraine, in January to August 2009 in comparison with the same period of 2008 tube and pipe manufacturers of Ukraine have cut output by 38.4% to 10,60,400 tonnes In August 2009 it was produced 174,900 tonnes of tubes and pipes. The cabinet misters said we…
Kyiv Post reported that Ukraine economy showed some signs of improvement in July, largely due to a jump in production in the key steel sector, with the ex-Soviet state now hopeful of growing next year after one of Europe’s worst recessions.Data issued on Monday showed industrial output rose 5%MoM including a record 15% jump in…
It is reported that the Ukrainian cabinet of ministers has prolonged until the end of 2009 the MoU with the country’s mining and metallurgical companies, stipulating that the benefits will be granted if the companies reduce their prices for the domestic market to levels not higher than their export prices.According to the cabinet of ministers…
Ukrainian Journal reported that the outlook for Ukraine steel industry is improving, even though output could fall 20% to 24% in 2009.The signs that the industry decline slowing was first detected in May.The latest figures from the Industrial Policy Ministry suggest the decline has bottomed out, with roll production falling 34%YoY to 12.354 million tonnes…
According to the statistics released by Ukrainian Metallurgprom, Ukrainian steel makers increased daily output of crude steel gradually from January to July and it is expected to remain increasing in August. Ukrainian total output of crude steel from January to July was 14.332 million tonnes which was decreased by 33.6%YoY as compared to the same…
Ukrainian Journal quoting the State Statistics Committee has reported that industrial producer prices in Ukraine rose 0.7% in July. Prices have increased by 4.9% since the beginning of the year. According to the report, the mining industry’s products in July went down in price by 0.9% whereas prices in the processing industry grew by 0.4%.…
It is reported that Ukraine has exported 0.97 million tonnes steel products to China in the H1 of this year up by 9000% from 0.011 million tonnes in the same period of last year. The huge price difference is analyzed to be the driver behind this export jump as the price of steel slabs is…