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According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to September 2009 Ukraine steel market was down by 41.1% YoY to about 4.165 million tons.During the period in question, the share of imports in the domestic market decreased from 20% YoY to 12% YoY amounting to 527,900 tons…
DetailsAccording to Mr. Sergey Grishchenko, Ukrainian deputy minister of industrial policy, Ukraine expects in November this year to maintain its output of crude steel at the October level.Mr. Grishchenko said over the first 23 days of October Ukraine average daily crude steel output reached 90,000 tons. He said that “Thus, we can already say that…
DetailsAccording to the data issued by the Ukrainian Metal Traders Association, in January to September 2009 the country rolled steel consumption was down by 45.4% YoY to approximately 3.695 million tons. Meanwhile, during the period in question, imports of rolled products to Ukraine went down by 70.7% YoY to 463,904 tons.Accordingly, in January to September…
DetailsMr. Boiko, CEO of Mariupol Ilyich Iron and Steel Works, in an interview with Radio “Liberty” said that the situation in the Ukrainian steel industry will become worse in the next four months. He told that “The reason is an increase in production in the previous few months which has not been supported by a…
DetailsOn October 5th 2009, pursuant to subsection 38(1) of the Special Import Measures Act, the President of the Canada Border Services Agency made a preliminary determination respecting the alleged injurious dumping of certain carbon steel plate and high strength low alloy steel plate originating in or exported from Ukraine. (SteelGuru)
In the H1 of 2009 57 million UAH were invested in the PCI project at Zaporizhstal. Before the year is out, it is planned to invest about another 100 million UAH. Cold commissioning of the PCI plant is planned for December.Introduction of the PCI plant will take place step by step. Mastering of the plant…
DetailsKyiv Post reported that Mr. Sergiy Tigipko, a well known Ukrainian banker who has announced his intention to run for the presidency, believes that the global steel market has begun to revive and Ukrainian steelmakers should be prepared for this. He said that “The global steel market began to revive more quickly than expected. This…
DetailsThe Ukrainian mining and steel producing company Metinvest Holding has announced that in September this year it delivered to the Ukrainian domestic market as well as to CIS countries about 140,000 tons of shaped sections, long and flat-rolled steel products, up by 18.5% YoY. Accordingly, during the period in question Metinvest’s deliveries to the Ukrainian…
DetailsIt is reported that Canadian authorities decided to cut AD duty for Ukrainian rolled metal in 3 times after completion of the antidumping investigation.The duty for the rolled metal produced by Azovstal will be set at 14.7% and the duty for other Ukrainian steelmakers’ products at 20.2%. As per report despite the fact that prices…
DetailsFitch Ratings has assigned Ukraine based PJSC Azovstal Iron and Steel Works Long term foreign and local currency Issuer Default Ratings of ‘B’ and Short term foreign and local currency IDR of ‘B’. The Outlook on the Long term foreign currency IDR is Negative whilst that on the Long term local currency IDR is Stable.…
DetailsIt is reported that the Canada Border Services Agency has made its preliminary determination of the dumping investigation, pursuant to the Special Import Measures Act with respect to certain carbon steel plate and high strength low alloy steel plate originating in or exported from Ukraine.According to the preliminary determination, provisional duties are payable on the…
DetailsUkraine top steel mill owned by ArcelorMittal cut its raw steel production in January to September 2009 to 3.520 million tons, 35.7 tons lower than in the same period the previous year.The rolled steel production fell to 3.221 million tons in January to September 2009 from 4.663 million, while pig iron output fell to 3.088…
DetailsIt is reported that the major Ukrainian steelmakers have released their preliminary production results for the first nine months of 2009.1. Ilyich Iron and Steel Works of Mariupol reduced its finished steel product output by 38% and its pipe production by 62.5% YoY to 2.23 million tons and 26,800 tons respectively. Ilyich crude steel production…
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