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It is reported that the reduction of ferrous scrap export from Ukraine in February 2010 is 23.2% in comparison to February 2009, to 13.71 thousand tons. The revenue from overseas shipment drops by 41% to $4.47 million.In two months period of 2010 compared to that of 2009 ferrous scrap export increased by 36.5% and amounted…
DetailsIt is reported that steelmaking companies in Russia and Ukraine increase their export prices for HRC and CRC of April production. The reason is problems with raw materials supplies and their high prices.The growth for hot-rolled coils made $40 per ton. Hot-rolled coils of April production are sold for export at $605 per ton to…
DetailsFor the first time in the history of Ukrainian industry the Yenakievo Iron and Steel Works (EMZ), part of the Metinvest Group, commenced installation of the bell-less charging device for new Blast Furnace 3.The BCD enables reducing coke consumption rate by 10 kilogram per ton to 15 kilogram per ton of cast iron, and energy…
DetailsIt is reported that 2 major Italian buyers of slabs have finally booked slabs from Ukrainian mills at $560 FOB Black Sea.As per market information, these deals were followed by London-based trading house, who also booked at similar levels.Considering freight component of $25 per ton, costs of slabs CFR FO Italy works out to $685…
DetailsSiemens VAI Metals Technologies has received an order from the Electrometallurgical works Dneprospetsstal named after A. N. Kuzmin, Zaporozhye, the Ukrainian special steel manufacturer to supply a new electric arc furnace, complete with water treatment plant for its No. 3 steel works. This modernization project will increase the steel works’ production capacity to 540,000 tons…
DetailsIt is reported that Ukrainian Mills woke up in bullish mood on Monday morning and hiked their offers further for Europe.Billets – $580 per ton FOB ST Black Sea.Pig iron – $535 per ton CFR FO Italian port.HRC – $635 per ton FOB ST Black Sea.HRP – $700 per ton base CFR FO Italian port.Slab…
DetailsAccording to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to February this year Ukraine consumed 764,100 tons of rolled steel products up by 21.8% YoY. In February 2010 Ukrainian consumption of rolled steel products increased by 2.5% compared to January and by 14% compared to February last year.In…
DetailsIn accordance with US Department of Commerce, Bureau of the Census data, in January 2010 US imported 326,000 tons of pig iron, up by 14.6% compared to December 2009. However, compared to January 2009, it is down by 25.2%. January 2009 level was the maximum monthly figure that year.The major suppliers of pig iron to…
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