Steel pipe and railway wheel producer Interpipe has passed the accreditation of the international Association of Chartered Certified Accountants. The status of Approved Employer demonstrates that the Company educational system and specifically the development of personnel in the financial department are in line with leading international practices.Mr. Oleksandr Cherniavskyi, CFO at Interpipe, said “The status…Details
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UKRAINE&RUSSIA: STEEL-MAKING PIG IRONUKRAINE&RUSSIA: FOUNDRY PIG IRON UKRAINE&RUSSIA: ROUND BILLETS UKRAINE&RUSSIA: SQUARE BILLETS UKRAINE&RUSSIA: ROLLED WIRE Month Russian market, $/t, $1/RUR31.38* Ukrainian market, $/t without VAT, $1/UAH 5.33* min max min max April 474.82 602.29 553.47 863.04 May 557.68 712.24 962.48 1039.21 Month Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black…Details
It is reported that in May this year Ukrainian ferrous scrap export was down by 8% MoM to 113,770 tons which however was up by 92.7% YoY. Meanwhile, the value of scrap export sales in May was down by 4.1% MoM declining to $39.99 million. In January to May this year, Ukrainian scrap exports increased…Details
It is reported that in May 2010 Ukrainian reduced pig iron export by 78.2% MoM in comparison with April to 39630 tons.Incomes from pig iron export dropped by 70.1% to $20.47 million. The major buyer of Ukrainian pig iron is Italy, which share in total pig iron export from Ukraine makes 16140 tons or 40.7%In…Details
According to the data for the first five months of 2010, Ukrainian exports of steel pipes decreased by 17.4% YoY to 449,080 tons while its semi-finished steel product exports dropped by 6.4% YoY to about 4.786 million tons.In January to May this year, the country exports of flat-rolled steel increased by 23.1% YoY to 2.893…Details
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…Details
It is reported that in January to May 2010 Ukrainian steelmaking companies increased export in comparison with the same period of the previous year by 10.8% to 10.238 million tons.However, May steel exports dropped in comparison with April by 3.6% to 2.244 million tons.During five months semi-finished steel products export decreased by 6.4% to 4.787…Details
It is reported that Mariupol Ilyich Iron and Steel Works, one of the three largest steel mills in Ukraine, plans to increase its statutory fund by 3.7 times to UAH 3.093 billion.The increase of the company statutory fund was put on the agenda of a general meeting of the company’s shareholders scheduled for July 1st.According…Details
Ukrainian analysts said a likely combination between the Mariupol Ilyich Iron and Steel Works and the Metinvest conglomerate would create one of the world’s top 20 steel firms.Mr. Andrei Gerus, head of consulting at Concorde Capital, says Metinvest is currently the world’s 30th biggest steel producer. It is also the world’s seventh biggest iron ore…Details
According to Mr. Ruslan Mazhinsky, marketing director of the trading and distribution company Ukrainian Mining and Metallurgical Company, in 2010 Ukrainian consumption of rolled steel products is expected to increase by 15-16% YoY to about 5.7 million tons.Mr. Mazhinsky said, in the first half of 2010 the Ukrainian domestic market was seeing demand growth mainly…Details
Donetskstal (DMZ) stops the second of its two blast furnaces because of price fall at steel markets and price growth at raw materials market.Today the furnace is in the stopping stage reported recently by the deputy head of press department Ms. Julia Revyakina. According to her words, the furnace is stopped for a period around…Details
Local newspaper Delo has reported citing Mr. Christophe Cornier, member of ArcelorMittal group management board, as saying ArcelorMittal Kriviy Rih intends to implement a project for processing oxidized ores.Mr. Cornier said “We produce 8 million tons of sinter per year and, with the introduction of oxidized ore processing technology, the production will double.”The management of…Details
According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in the first five months of 2010 Ukraine imports of rolled steel products increased by 122.7% YoY amounting to about 502,900 tons. In May Ukraine increased its imports of rolled steel products by 16.4% compared to April and by 74%…Details