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Metinvest, Ukraine’s largest steelmaker, plans to increase production by 61% this year after combining assets with competitor Mariupol Iron and Steel Works named after Ilyich and modernizing its plants.Mr. Sergiy Novikov, CFO of Metinvest, said the steelmaker expected to produce as much as 15 million tons of steel in 2011.He said the company would concentrate…
DetailsAccording to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to May Ukrainian exports of pig iron increased by 9% YoY to 0.630 million tons.In May alone exports of pig iron from Ukraine decreased by 47.7% compared to April, falling to 10,400 tons. In January to May Ukrainian imports…
DetailsAccording to the State Statistics Committee of Ukraine, in January to May Ukrainian metallurgical companies increased their product sales by 37% YoY to UAH 100.036 billion.In 2010 Ukrainian metallurgical companies increased sales by 45.3% compared to 2009 to UAH 189.442 billion. (SteelOrbis)
According to the data, released by the metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to May Ukrainian exports of semi-finished steel products decreased by 0.1%YoY to 4.781 million tons.In January to May, Ukraine exported 2.690 million tons of slabs, up by 18.5%, while exports of square billets dropped by 18.6% to 2.044…
DetailsArcelorMittal Kriviy Rih, the Ukrainian subsidiary of the Luxembourg-based steel giant ArcelorMittal, has started to install its continuous casting billet mill. The steelmaker announced the beginning of the construction of its new continuous casting complex one year ago. The complex is due to start production operations in September.The estimated capacity of the six strand billet…
DetailsAccording to the Ukrainian association of tube producers UkrTruboProm, in the current year Ukraine’s production of steel pipes may go up by 15-20% compared to 2010, to 2.2-2.3 million tons.The expected level of steel pipe production in 2011 is still lower than the pre-crisis level of 2008, when Ukrainian companies produced 2.522 million tons of…
DetailsUKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON UKRAINE&RUSSIA: ROUND BILLETS UKRAINE&RUSSIA: SQUARE BILLETS UKRAINE&RUSSIA: ROLLED WIRE UKRAINE&RUSSIA: SLABS Month Export, Ukraine, $/t, FOB Black sea ports min max April 600.00 610.00 May 640.00 660.00 Month Export, Russia, $/t, FOB Black sea ports min max April 610.00 630.00 May 650.00 660.00 * – Ukrainian Hrivna…
DetailsAccording to the State Statistics Committee of Ukraine, in the first four months of the current year Ukraine’s ferrous product exports increased by 40.1% YoY to a total value of $6.109 billion.In the given period Ukraine registered a 51.4% increase YoY in its ferrous product imports to $795.5 million. (SteelOrbis)
Dneprovsky Iron and Steel Works named after F. Dzerzhinsky (DMKD), a subsidiary of the Ukrainian steel producer Industrial Union of Donbass, plans to increase its production in June.In particular, DMKD plans to produce 450,000 tons of agglomerate, up by 11.7%, 305,000 tons of pig iron, up by 17.3%, and 340,500 tons of crude steel, up…
DetailsIt is reported that during the period from October 1 2010 to May 31 2011 importers of steel pipes to Ukraine used 86.47% of their annual quota for imports of steel seamless casing and tubing with diameters up to 406.4 mm. In the given period 13,796 tons of steel seamless casing and tubing were imported…
DetailsIn the first four months of the current year Ukraine registered a 1.6% YoY decrease in its flat steel imports to 244,150 tons worth $286.91 million.In April alone Ukraine’s flat steel imports decreased by 21% compared to April 2010 or by 11.7% compared to March 2011 declining to 62,150 tons worth $77.58 million. (SteelOrbis)
In May Ukraine’s crude steel output totaled 3.009 million tons, up by 0.5% or 14,000 tons as compared to April. In addition, Ukrainian output of pig iron in the given month increased by 0.5% to 2.426 million tons as compared to April.In the January to May period of the current year Ukrainian crude steel production…
DetailsAccording to the Ukrainian association of metal producers Metallurgprom, in May the average daily output of steel from Ukrainian metallurgical companies declined to the levels seen in February.In May Ukraine’s average daily output of pig iron decreased by 2.6% compared to April to 87,300 tons, production of crude steel declined by 3% MoM to 97,300…
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