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Ukraine boosted its production of crude steel by 5.7% to 35.3 million tons in 2011. Ukraine is the world’s eighth largest steel producer. The world crude steel production reached 1.527 billion tones in 2011 increasing by 6.8% YoY.Ukraine produced 33.5 million tons of steel in 2010, a 12.4% increase from 2009. (Unian.net)
In 2011 Ukraine’s exports of steel products increased by 1.7% YoY to 24.138 million tons. In December 2011 Ukraine’s steel product exports increased by 12.5% MoM to 2.258 million tons. In 2011, Ukraine registered a 9.8% increase YoY in its steel product imports to 1.843 million tons. In December 2011, Ukraine’s steel product imports decreased…
DetailsOn January 17, 2012 Interpipe and Italian general contractor Danieli Company successfully began hot testing of the manufacturing equipment at the Dneprosteel Electric Steel Smelting Complex. During the first melting process 100 tons of steel billets were produced.The hot testing will be carried out on the entire production chain of ESSC including arc steel-smelting furnace,…
DetailsUkrainian metal companies cut cast iron production by 1.9% in December 2011, steel output by 4.1% and rolled steel output by 3.1% compared to November 2011 due to a continuous fall in demand for metal products on the global and domestic markets.In December 2.374 million tons of cast iron was produced, with average daily production…
DetailsMr. 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…
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