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In accordance with US Department of Commerce, Bureau of the Census data, in January 2010 US imported 326,000 tons of pig iron, up by 14.6% compared to December 2009. However, compared to January 2009, it is down by 25.2%. January 2009 level was the maximum monthly figure that year.The major suppliers of pig iron to…
DetailsIt is reported that Cyprus-based company Daveze Limited has acquired a 100% stake in Ukraine’s Donetsk Electrometallurgical Plant, the mini-mill previously known as ISTIL.Accordingly, the Cypriot company has bought 392,767,872 shares representing 100% of the company authorized capital. The financial details of the deal have not been disclosed.In August 2009 the management of Donetsk Electrometallurgical…
DetailsIt is reported that between March 12th and 15th price of billets from Ukrainian suppliers has taken more than $20 per ton, jumping from a sale price of $550 per ton CFR FO one main Italian port to $570 per ton.Considering freight component of $30-35 per ton for orders of 5,000 tons each, the selling…
DetailsIt is reported that Ukrainian steel imports totaled 176,500 tons, three times that of the same period last year.During the first two months of this year:– square billet imports accounted for 30.1% in total, up by 22.8% YoY,– hot-rolled coil accounted for 27.9%, up by 12.1% YoY,– round steel accounted for 10.9%, up by 7%…
DetailsMr. Jean Jouet, CEO of ArcelorMittal Kriviy Rih, said that the company plans in 2010 to increase its steel product output by about 22.6% YoY to 5.5 million tons.According to the sale and purchase agreement signed with the State Property Fund of Ukraine in 2005, the company undertook to produce at least 6 million tons…
DetailsAccording to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in the first two months of 2010 Ukrainian imports of steel products amounted to about 176,500 tons, almost triple the volume for the same period last year. UGMK noted that in January to February the share of tubular billets in…
DetailsThe Ukrainian flat steel producer Mariupol Ilyich Iron and Steel Works has announced the recommissioning of its open hearth furnace No 3 following capital repairs. The open hearth furnace No 3 was stopped in March 2008 mainly due to technical and technological reasons added to the effects of the global economic crisis, with some of the…
DetailsThe Ukrainian pipe and railway wheel producer Interpipe Corporation has announced that in March this year it will supply 1,400 tons of pipes for the construction of terminal D at Ukraine’s Boryspil international airport in Kiev.Mr. Oleg Kuzmin, Interpipe director for corporate affairs, said “The construction of terminal D is one of the projects being…
DetailsIt is reported that in January to February Dneprospetsstal increased rolled steel production in comparison to the related period of the previous year by 40.7% to 38000 tons. In February it produced 19000 tons of finished steel.In 2009 Dneprospetsstal reduced its production in comparison with 2008: crude steel down by 46.2% to 260,000 tons, rolled…
DetailsProduction of other major products at the works in January to February dropped as well, pig iron by 8.6% to 423,000 tons, crude steel down by 11.7% to 492,000 tons, sinter by 11.5% to 737,000 tons.In 2009 in comparison with 2008 the reduction of production at Zaporizhstal was as follows: sinter by 12.2% to 4.759…
DetailsAccording to the data issued by the Ukrainian Association of Metal Traders, in January to February Ukraine steel trading companies increased their steel product purchases by 3.9% YoY to 164,775 tons including 151,363 tons from local mills and 13,412 tons of imports.The main domestic suppliers of steel products to Ukrainian trading companies were ArcelorMittal Kriviy…
DetailsAccording to Mr. Bohdan Danylyshyn, Ukrainian economy minister, the Ukrainian steel industry has emerged from its recession period and entered its recovery phase, as confirmed by the rise in steel product output compared to the same period last year.During the four months from October 2009 to January 2010 inclusive, Ukraine registered increases in its steel…
DetailsAccording to the data issued by the Ukrainian iron ore and steel producer Metinvest Holding, in February this year its subsidiary Khartsyzsk Pipe Works (KhPW) registered a 98% decrease in its large diameter pipe output manufacturing only 353 tons down from 18,877 tons produced in January.In January to February this year KhPW produced 19,230 tons…
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