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Mr. Nikolai Azarov, Prime Minister of Ukraine, said that Ukraine would seek to stimulate domestic demand for its steel, mostly in housing and infrastructure projects, as weaker external demand had been affecting many of its companies.The government provided massive tax breaks to steelmakers between late 2008 and through the end of 2009 after steel exports…
DetailsIn February 2012 Ukrainian crude steel production will rise by 1.1% compared to December 2011 to 2.790 million tos.Pig iron output in Ukraine will total 2.350 million tons in February, down by 1.01% compared to December, while production of rolled steel is expected to be 2.5 million tons, down by 1.96% compared to December. In…
DetailsUkrainian metal companies plan to reduce steel smelting by 1.1% in February 2012 compared to the targets for January to 2.79 million tons, and rolled steel production by 0.4%, to 2.5 million tons.The target for February also foresees a fall in cast iron production by 0.8%, to 2.35 million tons.Average daily cast iron production in…
DetailsUKRAINE&RUSSIA: STEEL-MAKING PIG IRON Month Russian market, $/t, $1/RUR32.1961* Ukrainian market, $/t without VAT, $1/UAH7.9898* min max min max November 388.25 512.48 513.15 525.67 December 388.25 512.48 513.15 525.67 Month Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max November 425.00 430.00 425.00 435.00 December 435.00…
DetailsIn 2011 the crude steel production of ArcelorMittal Kriviy Rih, the Ukrainian subsidiary of the global steel giant ArcelorMittal, totaled 5.720 million tons, down by 7% compared to 2010.last year ArcelorMittal Kriviy Rih registered an 8.5% decrease year on year in its finished steel output to 4.937 million tons. During the period in question, pig…
DetailsIn 2011 the Mariupol Ilyich Iron and Steel Works, a subsidiary of the Ukraine’s largest vertically integrated mining and steel group Metinvest, saw an 8.6% YoY increase in its crude steel production to 6.136 million tons and an an 18.4% increase in its finished steel production to 4.710 million tons.In the given period, Ilyich produced…
DetailsThe Dniepropetrovsk Tube Works, a subsidiary of the Ukrainian steel producer Industrial Union of Donbass, plans to expand its production capacity.At the end of 2011 the Dniepropetrovsk Tube Works commissioned a longitudinal electric welded pipe production line for carbon steel pipes with 10-76 mm diameter and also for precision stainless steel pipes. The capacity of…
DetailsIn the first 11 months of 2011 deliveries of steel products to the Ukrainian domestic market increased by 15% YoY to 6.623 million tons.In November 2011 steel product deliveries in Ukraine decreased by 2.3% compared to November 2010 and went down by 5.7% compared to October 2011 to 574,000 tons.In the January to November period…
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