Ukrainian semi-finished steel imports increase in January to November 2011

In January to November of the current year Ukrainian exports of semi-finished steel products decreased by 8.1% YoY to 9.724 million tons.In the January to November period Ukraine exported 5.113 million tons of steel slabs, down by 0.3%, while exports of square billets dropped by 16.8% YoY to 4.520 million tons. Meanwhile, exports of semi-finished…

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DMKD stops continuous casting billet mill for overhaul

Dneprovsky Iron and Steel Works named after F. Dzerzhinsky, a subsidiary of the Ukrainian steel producer Industrial Union of Donbass, has stopped its continuous casting billet mill No 1 for capital repairs.The mill was stopped on December 19 and the repairs are expected to be completed within five days. The company plans to inspect equipment…

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Ukraine steelmakers reduce losses by 30%

According to Mr. Vasyl Kharakhulakh, director general of the Metallurgprom association of Ukraine’s metallurgical enterprises, Ukrainian metallurgical enterprises finished January-October 2011 with a negative financial result from ordinary activities before tax of 1.9 billion UAH while during the same period last year it was 2.7 billion UAH.He said that the profitability of metallurgical enterprises for…

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Ukrainian crude steel output expected to decline in January 2012

According to the Ukrainian association of metal producers Metallurgprom, in January next year Ukrainian crude steel production will decline to 2.82 million tons.According to Metallurgprom’s forecast, pig iron output in Ukraine will total 2.370 million tons in January, while production of rolled steel in the month is expected to be 2.510 million tons.In the first…

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ArcelorMittal Kryvyi Rih steel output in November 2011 dips YoY

ArcelorMittal’s Ukrainian unit said steel output fell last month, extending a decline in production this year following repair work at the Kryvyi Rih plant.Volumes dropped to 531,600 tons in November from 565,700 tons a year earlier. Output in October totaled 527,900 tons.Output for the first 11 months of the year shrank to 5.15 million tons…

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November 2011

UKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON Month Russian market, $/t, $1/RUR28.0758* min max October 573.60 730.36 November 569.89 676.74 Month Ukrainian market, $/t without VAT, $1/UAH7.9723* min max October 577.00 577.00 November 564.45 589.54 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.11.11 according to the National Bank of…

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