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According to the Ukrainian association of metal producers Metallurgprom, Ukrainian steel producers are likely to see their annual production costs increased by UAH 3.4 billion due to higher natural gas prices and growth in iron ore and coke prices.Currently the natural gas price at the border with Russia is $268/1,000 cubic meters while as of…
DetailsIt is reported that in February steel output in Ukraine fell by 7% MoM largely due to the breakup in Yenakievo Iron and Steel Works and fewer work days in February. ALMK has been the growth leader with 11% steel output increase. According to a Millennium Capital analyst, ” The news is mixed for the…
DetailsArcelorMittal Kriviy Rih announced that in February it managed to halt the decline, seen in its production in January, caused by the stoppage of two sintering units for repair, as it completed the major overhaul of one of the units. Mr. Aleksandr Ioskov, acting COO of ArcelorMittal Kriviy Rih, said that “According to the results…
DetailsAccording to preliminary data, in the January to February Ukraine increased its steel pipe output by 65.6% YoY to 348,000 tons. This increase was due to the significant growth in output of Metinvest subsidiary Khartsyzsk Pipe Works, which in January to February produced 101,300 tons of steel pipes, up from 19,230 tons produced in the…
DetailsIt is reported that Ukrainian galvanized steel producer Unisteel in 2011 plans to increase its share in the Ukrainian domestic market to 15% and to start exports to Russia, Georgia, Armenia and to Middle Eastern countries, such as Syria and Lebannon.In January to February Unisteel produced 5,300 tons of galvanized steel products, its share in…
DetailsUKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON Month Russian market, $/t, $1/RUR31.38* min max December 455.70 621.41 January 455.70 621.41 Month Ukrainian market, $/t without VAT, $1/UAH 5.33* min max December 766.04 804.88 January 763.60 789.68 * – the US dollar exchange rate has been fixed to avoid exchange rate differences. (Ukrainian Metal) UKRAINE&RUSSIA:…
DetailsIt is reported that in January to February this year the Ukrainian steelmaker Zaporizhstal’s finished steel product output increased by 25% YoY to 511,000 tons, while its crude steel production rose by 24% YoY to 612,000 tons.In the first two months of this year Zaporizhstal saw a 13% YoY increase in its pig iron output…
DetailsAccording to preliminary data, in the January to February period of this year Ukraine registered an increase of 13% YoY in its finished steel product output to 4.903 million tons and a 9% rise in its crude steel output to 5.535 million tons.In the first two months of 2011 Ukraine saw a 4% YoY increase…
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