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According to Mr. Amir Aisautov, head of mining and metallurgical development at the parent company System Capital Management, Metinvest will more than double steel output to 15-16 million tons next year after it has merged with the Mariupol Ilyich Iron and Steel Works.He said that Metinvest aims to be the national mining and metals champion…
DetailsAccording to the data released by the metal trading enterprise Ukrainian Mining and Metallurgical Company, in the first ten months of 2010 Ukraine’s imports of rolled steel products increased by 98.7% YoY amounting to about 1.18 million tons. In October Ukraine’s imports of rolled steel products saw a 2.5% decrease compared to September and a…
DetailsA program for mastering production of steel channels by European norms is completed at the shop No. 2, Evraz Petrovsky Steel, Dnepropetrovsk.Trial lots of UPE 80, UPE 100, UPE 120 and UPE 140 in accordance with DIN 1026-2 were produced in quantity of around 250 tons each.Mr. Evgeny Kotliagin, CEO of Evraz Petrovsky Steel, informed…
DetailsIt is reported that the Russian government extends and increases the antidumping duties for the Ukrainian pipe makers, that otherwise would have expired in January 2011. Interpipe products can enjoy the preferential 19.4% duty on hot deformed and gas oil pipe exports to Russia.According to a Millennium Capital analyst “The news is negative for the…
DetailsAccording to Mr. Sergei Belenky, Ukraine’s Senior Deputy Minister of Industrial Policy, in 2010 Ukraine is expected to produce 27.2 million tons of pig iron, 32.2 million tons of crude steel and 30.2 million tons of finished steel products.He said that currently the capacity utilization in Ukraine’s steel production stands at 71.4%, while average daily…
DetailsIt is reported that Donetsk Electrometallurgical Plant (DEMZ) in January to October increased its steel smelting volume by 45% YoY to 626,600 tons.According to the company, since April it has been operating at stable levels, with its steel output amounting to an average of 87,200 tons per month, which corresponds to its designed capacity. In…
DetailsAccording to the Ukrainian association of metal producers Metallurgprom, in October Ukraine’s average daily pig iron output continued its positive trend, which started in August, registering an increase of about 1%, or 700 tons, compared to September to 75,500 tons. In the first ten days of November the country’s average daily pig iron output increased…
DetailsNRCU cites Mr. Serhiy Bilenky, Deputy Industrial Policy Minister, as saying that Ukrainian metallurgical enterprises may face problems with the export of steel products after 2015 due to a gradual reduction in supplies to Turkey.Mr. Bilenky said “We are currently supplying a significant part of steel products to Turkey. Turkey has been actively developing its…
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