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According to the data, issued by Ukraine’s Cabinet of Ministers, in the January to June period of the current year Ukrainian exports of semi-finished steel products decreased by 10.4% YoY to 5.163 million tons.exports of semi-finished steel products from Ukraine decreased by 36.5% in June compared to May to 753,770 tons. On the other hand,…
DetailsAlchevsk Iron and Steel Works finished H1 2012 with net loss of UAH 140.5 million versus net profit of UAH 42.4 million in H1 2011. The volume of sales reduced by 24.7% YoY to UAH 9.4 billion over this period. The company decreased gross loss by 74.8% YoY to UAH 150.5 million.As reported, Alchevsk Iron…
DetailsUkrainian steel production fell 4.3% in June from the previous month on slower Asian and European demand.Mr. Pavlo Perkonos, the chief analyst at the Kiev-based researcher, said output of the alloy slid to 2.79 million metric tons from 2.92 million tons in May. Steel production was 2.72 million tons in June 2011.He said that steel…
DetailsMetinvest BV announced that it has exercised an option to purchase a 50% stake in the Industrial Group’s mining and metals business.As a result, Metinvest and a group of investors have consolidated more than a 50% stake in Zaporizhstal’s shares.The option to acquire the remaining 50% interest in the Industrial Group’s mining and metals business…
DetailsIn January to June the crude steel production of ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of the global steel giant ArcelorMittal, totalled 3.1153 million tons, up by 17.5% YoY.In addition, in the first six months of 2012 ArcelorMittal Kryvyi Rih registered a 13.6% increase YoY in its finished steel output to 2.6835 million tons. During…
DetailsAzovstal Iron and Steel Works, one of Ukraine’s leading steel makers, in the first half of 2012 increased its net loss 8.2 times YoY to UAH 1.2 billion. Gross loss totalled UAH 717.1 million in H1 2012 versus gross profit at the level of UAH 372.1 million in H1 2011. The revenue from sales decreased…
DetailsAccording to the data issued by Ukraine Cabinet of Ministers, in the January-May period of the current year Ukrainian exports of semi-finished steel products decreased by 7.8% YoY to 4.409 million tons.Meanwhile, exports of semi-finished steel products from Ukraine increased by 32.3% in May compared to April 1.187 million tons. On the other hand, in…
DetailsIn August 2012 Ukraine’s crude steel production is predicted to total 2.68 million tons, down by 4% compared to June.Pig iron output in Ukraine will amount to 2.3 million tons in August, down by 5.3% YoY, while production of rolled steel in the given month is expected to total 2.45 million tons, down by 1.5%…
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