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
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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
According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to February this year Ukraine consumed 764,100 tons of rolled steel products up by 21.8% YoY. In February 2010 Ukrainian consumption of rolled steel products increased by 2.5% compared to January and by 14% compared to February last year.In…Details
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…Details
It 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…Details
It 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…Details
It 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%…Details