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Azovstal, an integrated iron and steel works and a subsidiary of Metinvest, finished 9 month 2012 with a net loss of UAH 1.9 billion, which is 10.8 times higher than in the same period of previous year.Revenue for this period decreased by 27%, to UAH 24.8 billion. Pre tax loss surged by 10.4% YoY to…
DetailsMetinvest Holding LLC, a vertically integrated metals and mining company, has announced its plans to stop two coking batteries at the Azovstal steel plant after the start-up and adjustment of the pulverised coal injection system has been successfully completed. The batteries will be finally shut down at the end of October 2012. (Phoenix-capital.ua)
ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of the global steel giant ArcelorMittal, has announced that in October it plans to reduce shipments of rebar by 10-15% compared to September to 235-245,000 tons.In the January to September period ArcelorMittal Kryvyi Rih shipped around 1.9million tons of rebar, up by 9% YoY. (SteelOrbis)
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 UKRAINE&RUSSIA: ROUNDS, SQUARES Month Russian market, $/t, $1/RUR32.1961* min max August 565.29 782.70 September 574.60 860.35 Month Ukrainian market, $/t without VAT, $1/UAH7.9898* min max August 694.89 857.34 September 689.88…
DetailsIn November Ukraine’s crude steel production will increase by 0.7% compared to September to 2.6 million tons.Pig iron output in Ukraine will total 2.35 million tons in November, up by 3.3% compared to September, while Ukrainian production of rolled steel is expected to be 2.34 million tons, up by 2.1% compared to September.In October Ukrainian…
DetailsIn the January to September period of the current year the crude steel production of ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of the global steel giant ArcelorMittal, totalled 4.777 million tons, up by 16.6% year on year.In addition, in the first nine months of the year ArcelorMittal Kryvyi Rih registered a 13% increase year on…
DetailsAzovstal Iron and Steel Works, a subsidiary of Metinvest, decreased production of finished steel by 21.9% YoY to 3.2 million tons during 9 months of 2012.Steel output declined by 18.8% YoY to 3.5 million tons, production of crude iron reduced by 18.5% YoY to 3.0 million tons, while agglomerate output increased by 0.7% YoY to…
DetailsArcelorMittal Kriviy Rih, Ukraine’s biggest steel producer, raised finished roll production by 11.7% YoY to 4.032 million tons in January to September.Crude steel production grew by 15.9% to 4.764 million tons and pig iron was up by 19.1% to 4.171 million tons. The plant produced 451,000 tons of roll, 552,000 tons of crude steel and…
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