According to the data for the first quarter of 2010, Ukrainian exports of steel pipes decreased by 22.7% YoY to 239,190 tons and its semi-finished steel product exports dropped by 10.9% YoY to about 2.623 million tons.In January to March this year the country’s exports of flat rolled steel increased by 8.3% YoY to 1.543…Details
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RIA Novosti cited Mr. Vladimir Putin, Prime Minister of Russia, as saying that the Russian government would allow the import of 260,000 tons of steel pipes annually from Ukraine duty free. Mr. Putin said “Today we’ll make a decision which has long been expected by Ukrainian pipe producers. As the government of Ukraine requested, we’ll…Details
IUD Corporation and Litat Group Company have signed a contract to supply steel to the Middle East countries in the amount of 4.8 million tons within 2010. The agreement provides for the preliminary financing of production on the orders of Litat Group Company. IUD Corporation has been collaborating with Litat Group in the field of…Details
According to the World Steel Association data, Ukraine has secured eighth position among the largest countries-world steel producers in March having produced 2.995 million tons of metal.Ukraine in February attained the eighth place among the largest countries-world steel producers having produced 2.565 million tons of metal. In total, the world steel production this March against…Details
It looks like Ukrainian steel billet sellers have broken the market for themselves. A lot of companies were keeping out of the market till the last time expecting to get some premium to the price.When players came to the market with the price of $645-660 per ton, it was just not accepted. It became obvious…Details
It is reported that the government of the Russian Federation has charged Russia’s Ministry of Economic Development and Ministry of Foreign Affairs to negotiate with the Ukrainian side on the settlement of the duty free supply of certain types of steel pipes up to a certain quota from Ukraine.As of April 1st 2010, Russia has…Details
It is reported that in comparison with Q1 2009 this year Ukrainian steelmakers increased exports of steel products by 4.6% to 5.664 million tons.In March compared to February export increased by 39.8% to 2.186 million tons.As for the product structure in export shipments in Q1 2010 compared to the same period of previous year, semis…Details
It is reported that the Ukrainian steel group Donetskstal has denied reports that it has made a proposal to ArcelorMittal to create a JV for the production of coking coal at the Karagaylinskaya mine located in Russia’s Kemerovo region or to sell 50% of the mine to ArcelorMittal.It said “No negotiations are taking place in…Details
According to the Ukrainian association of metal producers Metallurgprom, during the Q1 2010 the Ukrainian steelmakers have continued to increase their average daily pig iron output by 18% YoY to 77,500 tons compared to 65,700 tons for the same period last year.In March Ukrainian average daily pig iron output rose by 8,000 tons MoM to…Details
According to the data issued by the Ukrainian Association of Metal Traders, in the Q1 of 2010 the country rolled steel products consumption registered an increase of 8.8% YoY to approximately 1.196 million tons.Accordingly, in Q1 this year Ukrainian pipe making companies increased purchases of domestic and imported rolled products by 3.2% YoY to 330,664…Details
It is reported that the debts for VAT reimbursements to steelmakers continue to grow in Ukraine reaching a record amount of UAH4.5 billion as of April 1st. The Ukrainian Federation of Metallurgists has stated that “The inequality of VAT refunding during all the past years is very alarming.”As per report, of the total debt of UAH4.5…Details
In March Khartsyzsk Pipe Works, JSC, part of Metinvest Group, produced 11,890 tons of large diameter pipes, which is by 11,540 tons over February pipe production. March 2010 results. Product March 2010, t February 2010, t Change, % Large diameter pipes 11,893 353 3,368.8 Product January-March 2010, t January-March 2009, t Change, % Large diameter…Details
It is reported that in 2009 the Ukrainian flat steel producer Mariupol Ilyich Iron and Steel Works saw its steel product exports fall by 14.72% YoY to 3.123 million tons being affected by the global decline in steel demand.In 2009 the company exported to 69 countries. With the largest importers of Ilyich steel products being…Details