METALS OF UKRAINE & RUSSIA: STEELMAKING PIG IRON, JANUARY 2015
Ukrainian export prices are up by $15-40, Russian – by $25-30.
Ukraine: Central GOK profits halved in 2014
In 2014 Central Mining and Processing Works (Central GOK, Dniepropetrovsk region), a part of the Metinvest group, decreased its net profit by 51.2%, to 767.85 million UAH YoY.
Ukraine: pig iron output down in January 2015
In January Ukraine produced 1720 thousand tons of pig iron, down by 3%, or by 54 thousand tons, MoM.
Ukraine: Metinvest SMC opens new warehouse in Dniepropetrovsk
Metinvest SMC, Metinvest Group’s wholesale and retail sales channel in Ukraine, opened a new warehouse to hold a buffer stock of pipe products and a retail metal center.
Ukraine: Energomashspetsstal to make products for Europe companies
Energomashstpetsstal (EMSS) will produce a large batch of billets for three European companies. The total weight of the billets will reach3875.6 tons.
Ukraine: steel mills’ pretax loss 84.4% up due to credit tightening
The pretax losses of Ukrainian metal companies (negative financial results from ordinary activities before taxation) rose by 84.4%, to UAH 22.5 billion, from UAH 12.2 billion as of the end of 2014, according to preliminary data.
Ukraine: iron ore output up in January 2015
In January Ukraine produced 6612 thousand tons of iron ore and iron ore concentrate, up by 7%, or by 431 thousand tons, MoM.
Ukraine: ferroalloy production down in January 2015
In January Ukrainian ferroalloy companies produced 82.6 thousand tons of ferroalloys, down by 0.5% YoY.
Ukraine: Metinvest opens up an office in Spain
Metinvest has set up a trade representative in Spain – Metinvest Iberica. The company will be responsible for strengthening cooperation with Metinvest rolled steel consumers in Spain and Portugal and for services.
Ukraine: Euroasian Economic Commission rods investigation continues
Euroasian Economic Commission has informed of the prolongation of the antidumping investigation of hot-rolled carbon and alloyed steel rods, produced in Ukraine and exported to the Customs Union.
Ukraine: Yenakievo losses up in 2014
In 2014 Yenakievo Iron and Steel Works (EMZ), a part of the Metinvest group, increased its net losses by 55.6%, to 771.82 million UAH YoY (496.01 million UAH in 2013).
Ukraine: metal output in January 2015 down
In January Ukrainian metal companies produced 1.87 million tons of carbon steel, down by 25.2% YoY.