According to preliminary data, in the January to February Ukraine increased its steel pipe output by 65.6% YoY to 348,000 tons. This increase was due to the significant growth in output of Metinvest subsidiary Khartsyzsk Pipe Works, which in January to February produced 101,300 tons of steel pipes, up from 19,230 tons produced in the…Details
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It is reported that Ukrainian galvanized steel producer Unisteel in 2011 plans to increase its share in the Ukrainian domestic market to 15% and to start exports to Russia, Georgia, Armenia and to Middle Eastern countries, such as Syria and Lebannon.In January to February Unisteel produced 5,300 tons of galvanized steel products, its share in…Details
UKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON Month Russian market, $/t, $1/RUR31.38* min max December 455.70 621.41 January 455.70 621.41 Month Ukrainian market, $/t without VAT, $1/UAH 5.33* min max December 766.04 804.88 January 763.60 789.68 * – the US dollar exchange rate has been fixed to avoid exchange rate differences. (Ukrainian Metal) UKRAINE&RUSSIA:…Details
It is reported that in January to February this year the Ukrainian steelmaker Zaporizhstal’s finished steel product output increased by 25% YoY to 511,000 tons, while its crude steel production rose by 24% YoY to 612,000 tons.In the first two months of this year Zaporizhstal saw a 13% YoY increase in its pig iron output…Details
According to preliminary data, in the January to February period of this year Ukraine registered an increase of 13% YoY in its finished steel product output to 4.903 million tons and a 9% rise in its crude steel output to 5.535 million tons.In the first two months of 2011 Ukraine saw a 4% YoY increase…Details
The Ukrainian flat steel producer Mariupol Ilyich Iron and Steel Works, a part of the steel and rolled products division of the Ukrainian mining and steel producing group Metinvest, has estimated that the completion of the construction of its PCI facility for blast furnaces will require a further $100 million plus or minus 30%.In November…Details
The Ukrainian flat steel producer Mariupol Ilyich Iron and Steel Works, a part of the steel and rolled products division of the Ukrainian mining and steel producing group Metinvest, said that in 2010 it reduced its average coke consumption per one metric ton of pig iron production by 3.5% YoY to 502 kilogram with a…Details
Interpipe is continuing the construction of its new electric steel smelting complex Interpipe Steel with capacity of 1.32 million tons of steel billets per year. Currently, construction works at the building site are 72% complete.The continuous casting machine 1 and continuous casting machine 2, a ferroalloy warehouse, gas-cleaning and chemical water treatment sets are nearing…Details
Ukraine’s electric steel smelting plant Electrostal has been forced to temporarily stop production due to high domestic scrap prices, which have increased by 10% since the beginning of February to UAH 3,300 per ton.Electrostal said that the production stoppage might last a week or slightly more, until the big steelmaking companies in the region satisfy…Details
According to the data, released by the metal trading enterprise Ukrainian Mining and Metallurgical Company, in January Ukraine’s imports of rolled steel products increased by 44.4% YoY, but decreased by 19.6% compared to December 2010 amounting to 119,300 tons.In the first month of January one quarter of overall rolled steel imports to Ukraine were accounted…Details
Zaporozhye Ferro Alloys Plant (ZZF), one of the largest Ukrainian ferroalloy producers, has been forced to close 15 of its 21 furnaces and currently operates at just 30% of its capacities due to the increase in electricity costs.Mr. Pavel Kravchenko, ZZF chairman, said following the decision of Ukraine National Electricity Regulatory Commission to switch the…Details
It is reported that Alchevsk Iron and Steel Works (ALMK) has announced a net loss of UAH 1,013 million in FY 2010 implying the net loss of UAH 261 million in Q4 2010.According to Millennium Capital, “The news is neutral for ALMK. The Q4 2010 loss of UAH 261 million is 1.7 x smaller than…Details
According to the data issued by the State Statistics Committee of Ukraine, in 2010 Ukrainian metallurgical sector registered an aggregate loss of UAH 3.84 billion compared to the aggregate loss of UAH 9.578 billion in 2009.In 2010 53.6% of the total number of Ukrainian metallurgical companies posted a combined profit of UAH 4.7 billion while…Details