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In January-September Ukraine’s ferroalloy production decreased by 22.4% compared to the same period last year to 623,500 tons, according to the Association of Ukrainian Ferroalloy Producers (UkrFA). In the given period Ukraine’s silicomanganese output decreased by 17.3% to 455,800 tons, while its ferromanganese production declined by 55.3% to 60,200 tons, both year on year. In…
DetailsAccording to the State Statistics Committee of Ukraine, in the first nine months of the current year Ukraine exported 130,328 tons of steel scrap, down by 64.4% year on year, worth a total of $40.691 million, down by 73.4% year on year.In the January-September period this year Ukraine’s scrap imports increased 2.4 times year on…
DetailsIn November Ukraine’s crude steel production is expected to decrease by 4.8% compared to September to 2.560 million tons. In November pig iron output in Ukraine will total 2.360 million tons, down by 3.4% compared to the September results, while production of rolled steel is expected to total 2.310 million tons, down by 0.8% compared…
DetailsIn January-September Ukraine’s exports of iron ore increased by 8% year on year to 28.4 million tons. Exports of iron ore from Ukraine decreased by 3.3% in September compared to August, falling to 2.9 million tons.In the January-September period Ukrainian imports of iron ore increased by 13% year on year to 2.080 million tons. In…
DetailsThe international rating agency Fitch has confirmed the B-rating of Finest Trading Co Limited (Cyprus), the holding company of the Donetskstal group. Fitch has confirmed the long-term default rating in foreign and domestic currency on the level of B, at the same decreasing the national long-term rating of the company from AA (ukr) to A+…
DetailsIn the first nine months of the current year the crude steel production of ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of the global steel giant ArcelorMittal, totaled 4.7639 million tons, down by 0.06% YoY, as announced by the company. In addition, in the first nine months of the year ArcelorMittal Kryvyi Rih saw a 3.1%…
DetailsExport prices for metal products at Ukrainian ports were almost unchanged from October, 3rd to October, 10th. Billets prices (FOB Black sea) remained at the level of $495 per ton, reinfrocement bars – $565 per ton, rolled wire – $570 per ton. Neither did the price of slabs ($490 per ton), nor cold-rolled coils ($610…
DetailsOn September, 23rd, DEMZ started working again. In August Mechel sold DEMZ to Vadim Vishnevskiy for 2 thousand euros. The buyer also has to pay all the DEMZ debts ($81 million) to Mechel. Varshavskiy bought DEMZ in 2008 for $700 million, but couldn’t return the credit and the Plant was taken by Alfa-bank. In May…
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