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…
DetailsIt 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…
DetailsUkrainian Journal quoting the State Statistics Committee has reported that industrial producer prices in Ukraine rose 0.7% in July. Prices have increased by 4.9% since the beginning of the year. According to the report, the mining industry’s products in July went down in price by 0.9% whereas prices in the processing industry grew by 0.4%.…
DetailsIt is reported that Ukraine has exported 0.97 million tonnes steel products to China in the H1 of this year up by 9000% from 0.011 million tonnes in the same period of last year. The huge price difference is analyzed to be the driver behind this export jump as the price of steel slabs is…
DetailsBloomberg reported that A1 an investment company that part of Russian billionaire Mr Mikhail Fridman Alfa Group may take control of OOO Estar Holding’s Donetsk steel mill in the Ukraine within days. Ms Irina Ramazanova spokeswoman for ZAO Donetsky Electrometallurgical Plant said A1 appointed three managers to run the mill. Kommersant reported the ownership of…
DetailsUkrainian Journal quoted Ukrtruboprom the Dnipropetrovsk based Ukrainian pipe producers’ association said steel pipe production in Ukraine plummeted 41.6%YoY to 886,200 tonnes in January to July. March output was 162,100 tonnes. The Metinvest holding’s Khartsyzsk Pipe Mill boosted output 110% in the seven months to 350,799 tonnes including 48,116 tons in July. (Ukrainian Journal) —————————————————–…
DetailsAccording to Mr Vladimir Vlasyuk director of the state monitoring and consulting company Ukrpromzovnishexpertyza, January to June this year, Ukraine saw a huge increase in its rolled steel product exports to China from 11,000 tonnes in the same period last year to 970,000 tonnes. Mr Vlasyuk said such an increase in the Ukrainian exports to…
DetailsUkrainian steel producer Ilyich Iron and Steel Works of Mariupol has announced that it intends to complete the reconstruction of its blast furnace No 5 in November of the current year. As a result of the reconstruction, the volume of the BF No 5 will increase from the current 2,300 cubic meters to 2,500 cubic…
DetailsThe Ukrainian iron ore and steel producer Metinvest Holding has announced that in July its subsidiary Khartsyzsk Pipe Works manufactured a total of 48,116 tonnes of large diameter pipes up by 10.5%MoM. In July KhPW continued production of 0 1,067mm 15.9mm and K55 720mm 8mm large diameter pipes with anticorrosive coating, and started production of…
DetailsRusmet reported that in the H1 of 2009, Ukrainian exports of steel pipes decreased by 31.7%YoY, semi finished steel product exports are down by 14.9%, exports of flat rolled and long steel plunged by about 40%while ferroalloy exports are down a whopping 59%. (Rusmet.ru)
Interfax-Ukraine cited Ms Tymoshenko prime minister of Ukraine as saying that Ukraine produced around 16% more steel in July than in June. Ms Tymoshenko said “We saw prices for Ukrainian semis and rolled products grow 15% to 30% in June to July. She said this was largely thanks to the government’s anti crisis program which…
DetailsUkrainian Journal reported that most of Ukraine steel majors again reduced finished roll production considerably in January to July 2009, although the decline in the industry seems to be slowing slightly. July data1. ArcelorMittal Kriviy Rih the country biggest steel mill reduced finished roll production tentatively by 35.5%YoY to 2.56 million tonne.2. Azovstal reduced roll…
Details