It is reported that the Ukrainian steelmaker Zaporizhstal plans in December of the current year to start cold testing of its new pulverized coal injection plant.As per report, total investment in the construction of the plant is set to amount to about UAH 100 million up to the end of 2009.Zaporizhstal said in a statement…Details
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Ukrainian Journal reported that the last state 0.1% stake in ArcelorMittal Kriviy Rih is to be put up for sale at Ukrainian Interbank Currency Exchange on September 16th.According to the report, a total of 3.6 million of shares are to be sold.The SPF previously sold shares of ArcelorMittal Kriviy Rih at exchanges from November 2006…Details
It is reported that the Ukrainian cabinet of ministers has prolonged until the end of 2009 the MoU with the country’s mining and metallurgical companies, stipulating that the benefits will be granted if the companies reduce their prices for the domestic market to levels not higher than their export prices.According to the cabinet of ministers…Details
Metinvest announced that in the H1 2009 Ukrainian internal market of steel trading was characterized by consumption decrease, growing share of distributing company’s increase of retail sales from metal centers at general sales volume and greater market share of large traders.Mr Dmitriy Nikolayenko CEO of Metinvest-SMC at the annual Sales Conference, Steel and Rolled Products…Details
Rusmet reported that Zaporozhstal is probably the only large steel works in the world working on open hearth furnaces while the others move to oxygen converter and electric arc furnaces.A move to new technologies means great investments but at Zaporozhstal do not remembered when was the last modernization. It is natural that products produce by…Details
Ukrainian Journal reported that the outlook for Ukraine steel industry is improving, even though output could fall 20% to 24% in 2009.The signs that the industry decline slowing was first detected in May.The latest figures from the Industrial Policy Ministry suggest the decline has bottomed out, with roll production falling 34%YoY to 12.354 million tonnes…Details
Ukrainian Journal cited Mr Vasyl Kharakhulakh director general of the Dnipropetrovsk based Metalurgprom industrial association as saying that daily metal production at Ukrainian steel mills grew in June and July and in August the upward trend has continued.He said that “Daily average cast iron production in July against June grew by 9,000 tonnes or 13.4%…Details
According to the Ukrainian association of metal producers Metallurgprom, in June to July 2009, Ukrainian steel producers gradually increased their average daily pig iron output and they are expected to continue this positive trend throughout August.In July, Ukraine’s average daily pig iron output increased by 13.4%MoM i.e. by 9,000 tonnes to 76,200 tonnes while in…Details
According to the statistics released by Ukrainian Metallurgprom, Ukrainian steel makers increased daily output of crude steel gradually from January to July and it is expected to remain increasing in August. Ukrainian total output of crude steel from January to July was 14.332 million tonnes which was decreased by 33.6%YoY as compared to the same…Details
Metinvest has announced that it developed unified packaging and marking standards for all the metallurgical enterprises of Metinvest Holding. It’s Steel and Rolled Products Division, Metinvest Holding LLC in Donetsk on June 17th to 19th 2009 and became one of the results of Project for Customer Orientation. Products packaging, orders tracking and customer informing are…Details
According to the Association of Ukrainian Ferroalloy Producers, Ukraine ferroalloy industry has started to see signs of recovery as in August after a sustained period of decline, the world ferroalloys market has registered its first signs of improvement, with average prices in Europe unexpectedly rising by more than EUR 100 per tonne from July level…Details
It’s reported that due to strong demand from East Asia, CIS’s export price of rebar and wire rod for September delivery went up this week by around USD 50 per tonne separately to the level of USD 460 per tonne. Currently CIS’s prices, though increased, still USD 20 per tonne lower than Turkey offer which…Details
It is reported that Ukrainian steelmaker ArcelorMittal Kriviy Rih a subsidiary of steel giant ArcelorMittal has stated that the construction of its new sinter producing plant with an annual production capacity of about 10.14 million tonnes may start in 2010. Accordingly, the construction of the new sinter producing plant is expected to be completed in…Details