For flats products Black Sea market looked somewhat stable this week with most of the quotes at previous week levels. But, it is reported that a major Ukrainian mill proposed their HRC offer to a MEA buyer at around USD 535 per tonne on CFR basis. This indicates lowering of offer levels by USD 20…Details
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It is reported that in January to August 2009 Zaporozhye steel works Zaporozhstal has reduced output of finished steel products by preliminary data by 23.3% YoY in comparison with the same period of 2008 to 1.820 million tonnes. As per report, during January to August steel smelting at the works reduced by 25.7% to 2.170…Details
According to as a source in Cabinet of Ministers of Ukraine, in January to August 2009 in comparison with the same period of 2008 tube and pipe manufacturers of Ukraine have cut output by 38.4% to 10,60,400 tonnes In August 2009 it was produced 174,900 tonnes of tubes and pipes. The cabinet misters said we…Details
Interfax reported that the Metinvest holding’s Azovstal, one of Ukraine leading steelmakers saw roll output contract 33% oY to 2.564 million tonnes in January to August 2009 compared to the same period of 2008, including 446,800 tonnes in August. Crude steel production fell 33.6% to 2.781 million tonnes in the period, pig iron output declined…Details
According to Mr Ruslan Mazhinsky marketing director of UGMK, quantity of steel products imported to Ukraine during 7 months of 2009 decreased by 65% in comparison with the same period of 2008 and made 383,600 tonnes. It is noticed in the report that the most significant decrease was noticed for flat rolled products for hot…Details
The Ukrainian steelmaker ArcelorMittal Kriviy Rih announced that its refusal to prolong a contract for ferroalloy deliveries in the context of its reduced production rates has led its main ferroalloys supplier Zaporozhye Ferro Alloys Plant to take an action for the legal collection of about UAH 205.59 million from the company for pre payment for…Details
It is reported that Ukrainian steelmaker ArcelorMittal Kriviy Rih plans to start the deliveries of B450C reinforcement bars of 8mm to 32 mm in diameter to the Italian market.As per report, ArcelorMittal Kriviy Rih has successfully passed the homologation of the Italian standard and got a right to supply products to Italy over five years…Details
Ukrainian News reported that the Antimonopoly Committee of Ukraine fined the ArcelorMittal Kriviy Rih ore mining and metallurgical works UAH 50,000 and the Dneprospetsstal metallurgical works UAH 18,000 for breaking rules of furnishing of information.According to the report, the Committee fined ArcelorMittal Kriviy Rih for failure to present information at the committee’s request within the…Details
Azovstal Steel Plant operating under umbrella of Metinvest Group increased production performance indicators of pig iron and steel in July 2009 production of pig iron made 370,500 tonnes and production of steel 426,900 tonnes.There was a small increase in production of rolled steel 357,000 tonnes in July which is 15,700 tonnes more than in June.In…Details
Kyiv Post reported that Ukraine economy showed some signs of improvement in July, largely due to a jump in production in the key steel sector, with the ex-Soviet state now hopeful of growing next year after one of Europe’s worst recessions.Data issued on Monday showed industrial output rose 5%MoM including a record 15% jump in…Details
The Ukrainian pipe and railway wheel producer Interpipe Corporation has announced that it has successfully tested Q125 grade casing pipes with the Ukrainian Premium Joint connection at its Dnepropetrovsk based subsidiary Interpipe NTRP.The UPJ connection has been developed by the Interpipe and is used for equipping horizontal and inclined wells. Compression of the premium joint…Details
It is reported that the Ukrainian steelmaker Zaporizhstal plans in December of the current year to start cold testing of its new pulverized coal injection plant.As per report, total investment in the construction of the plant is set to amount to about UAH 100 million up to the end of 2009.Zaporizhstal said in a statement…Details
Ukrainian Journal reported that the last state 0.1% stake in ArcelorMittal Kriviy Rih is to be put up for sale at Ukrainian Interbank Currency Exchange on September 16th.According to the report, a total of 3.6 million of shares are to be sold.The SPF previously sold shares of ArcelorMittal Kriviy Rih at exchanges from November 2006…Details