According to the preliminary data, in 2011 Ukraine registered an 8.5% increase YoY in its finished steel product output to 30.373 million tons, a 6% increase in its crude steel output to 34.689 million tons and a 6% rise in its pig iron production to 28.879 million tons.In the given period Ukraine saw a 26%…
In January to November 2011 Ukrainian metallurgical companies increased their product sales by 31.2% YoY, to UAH 224.2 billion. In 2010 Ukrainian metallurgical companies saw their sales increase by 45.3% YoY, to UAH 189.4 billion. (SteelOrbis)
Ukrainian metals companies cut gas consumption by 5.8%, or 24 million cubic meters, in November compared to October to 388 million cubic meters.Average daily natural gas consumption by metals companies in November came to 12.9 million cubic meters. (Ukrainian Journal)
According to Mr. Vasyl Kharakhulakh, director general of the Metallurgprom association of Ukraine’s metallurgical enterprises, Ukrainian metallurgical enterprises finished January-October 2011 with a negative financial result from ordinary activities before tax of 1.9 billion UAH while during the same period last year it was 2.7 billion UAH.He said that the profitability of metallurgical enterprises for…
Ukraine in August boosted steel production by 5.3% compared to August 2010, to 2.8 million tons, placing it ninth on the ranking of the 64 main steel producers compiled by the World Steel Association.In July Ukraine ranked tenth, having seen a 10.3% rise in steel output from July 2010, to 2.730 million tons.Ukraine pushed Turkey…
According to the State Statistics Committee of Ukraine, in the January to July period of the current year the Ukrainian metallurgical industry posted an overall loss of UAH 847.5 million.In particular, 56.8% of Ukrainian metallurgical companies recorded a combined profit of UAH 5.652 billion, while 43.2% of companies saw a combined loss of UAH 6.499…
The investment bank Renaissance Capital said, Ukraine might not suffer to the extent it did when metals prices plunged during the global financial crisis three years ago.Analysts Ms. Anastasia Golovach and Mr. Ivan Tchakarov said, “Assuming the worst case scenario of declining commodity prices, which are crucial for Ukraine, the country may be less sensitive…
According to the State Statistics Committee of Ukraine, in January to May Ukrainian metallurgical companies increased their product sales by 37% YoY to UAH 100.036 billion.In 2010 Ukrainian metallurgical companies increased sales by 45.3% compared to 2009 to UAH 189.442 billion. (SteelOrbis)