It is reported that the Ukrainian government and the country’s mining and metallurgical companies have agreed to fix the Q2 2010 domestic steel prices at the level of April 1st 2010.The agreement was reached within the memorandum of understanding between the parties from November 2008, the prolongation of which was signed on April 1st 2010.…Details
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According to media reports, the owners of one of the largest Ukrainian steelmakers, Zaporizhstal, have intensified talks to sell their metals and mining assets. The Ukrainian mining and steel producing company Metinvest Holding, the world’s largest steelmaker ArcelorMittal, as well as Russian steel producers Metalloinvest and NLMK are considered among the potential buyers of Zaporizhstal.…Details
According to the preliminary data issued by the Ministry of Industrial Policy of Ukraine, in Q1 2010 Ukraine finished steel product output was up by 8% YoY to 6.755 million tonnes and there was a 16% rise in its crude steel output to 8.064 million tons.In the first three months of 2010 Ukraine saw an…Details
According to the data for the first two months of 2010, Ukrainian exports of steel pipes decreased by 18.7% YoY to 145,620 tons and its semi-finished steel product exports dropped by 17.1% YoY to 1.54 million tons.In January to February this year, the country exports of flat rolled steel increased by 9.6% YoY to 1.011…Details
It is reported that government of Ukraine act No 211 dated March 1st bans a rent, leasing or concession of any assets of Titanium of Ukraine Co. The act is published on the official website of Verkhovna Rada.The government also included the company into the list of companies which are not recommended for privatization.The state-owned…Details
It is reported that the price rally continued this week and most of products added up to $100 per ton bringing back the memories of first half of 2008.Most CIS billets producers had in mind a price idea of $540 per ton to $550 per ton FOB Black Sea when the week started but even…Details
It is reported that Dneprovsky Iron and Steel Works named after F. Dzerzhinsky, a subsidiary of the Ukrainian steelmaker Industrial Union of Donbass, plans in late April to start the capital repairs of its blast furnace No 9 and of its continuous billet caster No 1.During the capital repairs DMKD will replace the units’ main…Details
It is reported that the reduction of ferrous scrap export from Ukraine in February 2010 is 23.2% in comparison to February 2009, to 13.71 thousand tons. The revenue from overseas shipment drops by 41% to $4.47 million.In two months period of 2010 compared to that of 2009 ferrous scrap export increased by 36.5% and amounted…Details
It is reported that steelmaking companies in Russia and Ukraine increase their export prices for HRC and CRC of April production. The reason is problems with raw materials supplies and their high prices.The growth for hot-rolled coils made $40 per ton. Hot-rolled coils of April production are sold for export at $605 per ton to…Details
For the first time in the history of Ukrainian industry the Yenakievo Iron and Steel Works (EMZ), part of the Metinvest Group, commenced installation of the bell-less charging device for new Blast Furnace 3.The BCD enables reducing coke consumption rate by 10 kilogram per ton to 15 kilogram per ton of cast iron, and energy…Details
It is reported that 2 major Italian buyers of slabs have finally booked slabs from Ukrainian mills at $560 FOB Black Sea.As per market information, these deals were followed by London-based trading house, who also booked at similar levels.Considering freight component of $25 per ton, costs of slabs CFR FO Italy works out to $685…Details
Siemens VAI Metals Technologies has received an order from the Electrometallurgical works Dneprospetsstal named after A. N. Kuzmin, Zaporozhye, the Ukrainian special steel manufacturer to supply a new electric arc furnace, complete with water treatment plant for its No. 3 steel works. This modernization project will increase the steel works’ production capacity to 540,000 tons…Details
It is reported that Ukrainian Mills woke up in bullish mood on Monday morning and hiked their offers further for Europe.Billets – $580 per ton FOB ST Black Sea.Pig iron – $535 per ton CFR FO Italian port.HRC – $635 per ton FOB ST Black Sea.HRP – $700 per ton base CFR FO Italian port.Slab…Details