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.…
Production of other major products at the works in January to February dropped as well, pig iron by 8.6% to 423,000 tons, crude steel down by 11.7% to 492,000 tons, sinter by 11.5% to 737,000 tons.In 2009 in comparison with 2008 the reduction of production at Zaporizhstal was as follows: sinter by 12.2% to 4.759…
At present the equipment delivered to the sintering plant is being unloaded. Preparation for capital repair of sintering machine No. 4 is at full speed. 75% of the 400 tons of metal structures and large sized units has been manufactured. The foundry, mechanical and metal structure shops are finishing the fulfillment of the orders and…
The Ukrainian steelmaker Zaporizhstal has announced that it plans to start the cold testing of its new pulverized coal injection plant in early April this year and to begin testing with raw coal and coal dust in early May.Zaporizhstal has finished the main construction works at the PCI plant and the subcontractors have started the…
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…
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…
It is reported that Zaporizhstal starts construction of its oxygen converter shop in 2010. All objects within the zone of construction to be demolished and removed.The cost of construction is $2 billion, the terms are not disclosed.Zaporizhstal is one of the four largest integrated steel works in Ukraine, but the steel is obtained there by…
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…