According to the information issued by the Ukrainian Ministry of Economy, up to October 1st this year Ukraine utilized 22.04% of its annual quota for rebars export to Russia and 45.74% of its new annual quota for cold rolled steel exports to the same destination, supplying a total of 80,002 tonnes and 96,057 tonnes respectively.…Details
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It is reported that Ukraine steel industry reduced finished roll output 27%YoY in January to September to 19.306 million tonnes. The industry cut roll output 34%YoY in January to July and 30% in January to August, so the latest figures indicate that the severe decline in the industry is still slowing. Crude steel production plummeted…Details
Ukrainian Journal reported that Ukraine’s Yenakievo Iron and Steel Works one of the world’s largest producers of steel billets signed a Joint Implementation Project deal under the Kyoto Protocol with ING Bank seeking to reduce emissions of greenhouse gas. According to preliminary estimates, the project will help the company to reduce GHG emissions into the…Details
It is reported that the Supreme Economic Court of Ukraine has approved the decisions of the courts of first and second instance for the legal collection of about of UAH 205.59 million from the Ukrainian steelmaker ArcelorMittal Kriviy Rih in favor of ferroalloys producer Zaporozhye Ferro Alloys Plant. As SteelOrbis has previously reported, the amount…Details
According to the preliminary data issued by the Ministry of Industrial Policy of Ukraine, in January to September 2009 Ukraine finished steel product output down by 27%YoY to 19.31 million tonnes and crude steel output down by 32% to 21.68 million tonnes. In January to September this year, Ukraine steel pipe production down by 37%…Details
Yenakievo Iron and Steel Works part of Metinvest Group signed the Joint Project Implementation Agreement with ING Bank NV. The Agreement stipulates service delivery in the field of the Kyoto Protocol mechanisms aiming at energy saving technologies implementation, reduction of environmental impact of the enterprise down to a technically feasible minimum and improvement of the…Details
It is reported that Ukrainian steel producers are going to increase slab export by 50% MoM to 55% MoM to 430,000 tonnes to 450,000 tonnes in September. Azovstal kept on August level at 250,000 tonnes due to 100% usage of slabbing capacities. Illich Steelworks also maintained August export level at 45,000 to 50,000 tonnes while…Details
According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to August 2009 Ukraine steel market capacity registered a 42.9%YoY to about 3.643 million tonnes. In August this year steel product deliveries in the Ukrainian domestic market amounted to 600,000 tonnes. Ukrainian Mining and Metallurgical Company said “Since October…Details
According to the data issued by the Ukrainian Association of Metal Traders, in January to August 2009 the country registered a 47.6% decrease in rolled steel consumption YoY to approximately 3,220,381 tonnes. Meanwhile, during the period in question imports of rolled products to Ukraine went down by 71.1%YoY to 403,431 tonnes. Accordingly, in January to…Details
It is reported that Ukrainian steel producer Ilyich Iron and Steel Works of Mariupol has announced that during the H1 of 2009 it has registered losses of UAH 700 million. Mr Vladimir Boyko CEO of Ilyich said “In the H1 of 2009 we registered minus UAH 350 million for commercial products, while according to our…Details
It is reported that the Russian steel producer Severstal has announced that its subsidiary Severstal Ukraine, the key activity of which is selling zinc coated, polymer coated, hot rolled and cold rolled flats and profiled iron in the Ukrainian market, has renewed its cooperation with Interpipe Scientific and Industrial Production Group the Ukrainian holding company…Details
Millennium capital cited Mr Shevchenko CEO of Alchevsk Steelworks as saying that the company plans to cover H1 2009 losses till the end of the year. According to the report, the company resumed pre crisis volume of production and this exactly is the base for this optimistic statement. But the situation on the market remains…Details
It is reported that the Ukrainian government is negotiating with Thailand for the reduction of customs import duty on steel products from Ukraine. The total volume of commodity turnover between Ukraine and Thailand in the current year up to September reached a value of USD 170.2 million of which about 90% of the Ukrainian total…Details