Ukrainian crude steel production to reach 3 million tons in August

According to the Ukrainian association of metal producers Metallurgprom, in August Ukraine’s crude steel production will reach 3.09 million tons.Pig iron output in Ukraine will reach 2.650 million tons in August, while production of rolled steel will rise to 2.840 million tons.In July Ukrainian metallurgical companies plan to produce a total of 3.07 million tons…

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Ilyich plans to close down seamless pipe production facilities

In July Ukrainian steelmaker Mariupol Ilyich Iron and Steel Works plans to complete the execution of seamless pipe orders prior to the permanent closure of its seamless pipe production facilities.This decision was taken by the company management in May, citing obsolete equipment and lack of seamless pipe orders, especially from Russian customers after the implementation…

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JUNE 2011

UKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON UKRAINE&RUSSIA: ROUND BILLETS UKRAINE&RUSSIA: SQUARE BILLETS UKRAINE&RUSSIA: ROLLED WIRE UKRAINE&RUSSIA: SLABS UKRAINE&RUSSIA: REINFORCEMENT STEEL, CLASS A1, A3 Month Russian market, $/t, $1/RUR28.0785* min max May 709.51 983.31 June 689.38 983.31 Month Ukrainian market, $/t without VAT, $1/UAH7.9723* min max May 689.16 784.13 June 701.70 787.52 Month Export,…

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ArcelorMittal Kriviy Rih June production dips by 26% YoY on BF trouble

ArcelorMittal’s Ukraine unit said steel production declined 26% in June from a year earlier as a blast furnace functioned erratically.Its output declined to 358,100 tons from 485,700 tons a year ago.Mr. Alexander Ioskov, who heads the production department at ArcelorMittal Kriviy Rih, said in an e-mailed statement that malfunctions at the blast furnace had been…

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Metinvest to increase steel output by 61% after Ilyich deal

Metinvest, Ukraine’s largest steelmaker, plans to increase production by 61% this year after combining assets with competitor Mariupol Iron and Steel Works named after Ilyich and modernizing its plants.Mr. Sergiy Novikov, CFO of Metinvest, said the steelmaker expected to produce as much as 15 million tons of steel in 2011.He said the company would concentrate…

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