Zaporizhstal reduces HRC export offer

It is reported that Zaporizhstal has pulled down its export offers for hot-rolled coils of July production by $100 per ton in comparison with the recent month. July production material is offered at $550-560 per ton.Traders said the manufacturer had no other choice. Other Ukrainian producers are not ready to announce the prices. Ilyich Steel…

Zaporizhstal owners to sell metallurgical assets

According to media reports, the owners of one of the largest Ukrainian steelmakers, Zaporizhstal, have intensified talks to sell their metals and mining assets. The Ukrainian mining and steel producing company Metinvest Holding, the world’s largest steelmaker ArcelorMittal, as well as Russian steel producers Metalloinvest and NLMK are considered among the potential buyers of Zaporizhstal.…

Investment in Ukrainian steel industry in 2009 dips

According to preliminary data, in 2009 the investment volume into Ukrainian metallurgy upgrade did not exceed UAH 5 billion.In recent years the metallurgists kept increasing the investments into main capacities upgrade. The investment started picking up in 2007, when the investments volume amounted to UAH 10.5 billion. In terms of specific investments per 1 ton…

Ukrainian steelmakers issue output data for January

The major Ukrainian steelmakers have released their preliminary production results for the first month of 2010. Of the top seven largest Ukrainian steel producers, only Azovstal and ArcelorMittal Kriviy Rih showed QoQ increases in output, of 4.9% and 3.9% respectively, due to positive changes in the market situation.Mr. Andrey Gerus, an analyst at the Ukrainian…