According to Mr. Yuriy Ryzhkov, analyst of Astrum Investment Management, Ukrainian metallurgical companies will reduce steel output in February by 5% to 7% as compared with the previous month.He said that “We expect that in February the situation of raw materials supply will improve. However, due to the less days number in this month steel…
According to the preliminary data issued by the Ministry of Industrial Policy of Ukraine, in January 2010 Ukraine registered a 20% YoY increase in its finished steel product output to 2.433 million tons and a 26% rise in its crude steel output to 2.726 million tons.In the first month of 2010, Ukraine saw a 25%…
According to Mr. Vasily Kharahulah, general director of Metallurgprom, a union of steelmakers in Ukraine, at the meeting regarding problems of mining and metallurgy complex, the production of steel in February in Ukraine is planned the same as for January, but taking into account that February is 3 days shorter then January.According to his words,…
The Industrial Policy Ministry released the following data for the Ukrainian steel industry:1. Hot metal down by 17% to 25.675 million tons.2. Crude steel down by 20% to 29.757 million tons3. Finished steel down by 15% to 26.888 million tons.4. Pipes down by 34% to 1.565 million tons5. Iron ore concentrate down by 3% YoY…
Ukrainian metals & mining companies reduced their steel output by 20% YoY in 2009. Steel output in December and the entire year of 2009 was in line with the expectations. Company December 2009, th. t November 2009, th. t Change, % 2009, th. t 2008, th. t Change, % Azovstal 476 456 1 4651 5510…
The major Ukrainian steelmakers have released their preliminary production results for the first eleven months of 2009. Accordingly, during the given period Ilyich Iron and Steel Works of Mariupol reduced its finished steel product output by 31.5% and its pipe production by 60% YoY to about 2.76 million tons and 36,000 tons respectively. Ilyich crude…
The Metallurgprom association said Ukraine would likely cut rolled steel output 15.6% this year to 26.684 million tons judging by results for the first 11 months. Pig iron production could fall 18% to 25.484 million tons, crude steel by 21% to 29.515 million tons, pipes by 32% to 1.593 million tons and coke by 12%…
Interfax-Ukraine quoted the Industrial Policy Ministry said Ukraine steel industry reduced finished roll output 18%YoY in January to November to 24.417 million tonnes. The industry cut roll output 30%YoY in January to August, 27% in January to September and 23% in January to October, so the latest figures indicate that the severe decline in the…
