ArcelorMittal Kriviy Rih June production dips by 26% YoY on BF trouble

ArcelorMittal’s Ukraine unit said steel production declined 26% in June from a year earlier as a blast furnace functioned erratically.Its output declined to 358,100 tons from 485,700 tons a year ago.Mr. Alexander Ioskov, who heads the production department at ArcelorMittal Kriviy Rih, said in an e-mailed statement that malfunctions at the blast furnace had been…

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Metinvest to increase steel output by 61% after Ilyich deal

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…

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Ukrainian semi-finished steel exports fall slightly in January to May

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…

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ArcelorMittal Kriviy Rih starts installing billet caster

ArcelorMittal 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…

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MAY 2011

UKRAINE&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…

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