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According to Mr. Jeant Jouet, CEO of ArcelorMittal Kriviy Rih, at the ceremony of the start of construction of the first caster, the company intends to construct 5 continuous casters. The first continuous caster will be put into operation in September 2011. Total cost of the project will make around $100 million.The project provides construction…
DetailsInterfax-Ukraine news agency reported, citing Mr. Vasily Kharakhulakh, general director of the Ukrainian association of metal producers Metallurgprom, as saying that Ukrainian steel producers were currently facing difficulties in selling their steel products and having problems securing coke and iron ore, which forced them to cut their outputs and might even oblige them to halt…
DetailsYenakievo Iron and Steel Works JSC (EMZ), a part of Metinvest Group, is implementing the project of Application of Capacitor Banks at Ladle Furnace of Converter Shop within the frames of its development strategy which will improve energy efficiency of the plant.Prognosed annual saving from introduction of the capacitor banks will comprise over UAH 36…
DetailsFor the first four months of 2010: a 32.7% YoY increase in pig iron exports to 537,980 tons, a 58.3% YoY growth in scrap exports to 218,000 tons, a 10.5% YoY increase in semi-finished steel product to 3.689 million tons, a 37.9% YoY growth in long products to 2.014 million tons, a 20% YoY increase…
DetailsAccording to the preliminary data issued by the Ministry of Industrial Policy of Ukraine, in January to May 2010 country’s finished steel product output was up by 18% YoY to 12.384 million tons and crude steel output was up by 21% YoY to 13.881 million tons.Ukraine January to May production details: pig iron production –…
DetailsAzovstal Iron and Steel Works, a part of Metinvest Group, in May produced 437,400 tons of cast iron and 510,100 tons of steel. Production of rolled steel in May comprised 481,400 tons. In May the plant produced 185,700 tons of bulk coke with 6% of moisture. Azovstal’s key performance indicators Product May 2010, th. t…
DetailsArcelorMittal Kriviy Rih, the Ukraine-based subsidiary of the world largest integrated metals and mining company ArcelorMittal, has said that it is keeping its production capacity aligned with market requirements, as the trend for the recovery of the market is uncertain and as it has been experiencing a certain slowdown affecting export orders in the latter…
DetailsIt is reported that metal companies in Ukraine are suffering from poor sales of metal products and problems with coke and iron ore supplies which is forcing them to cut production down and halt plants.Mr. Vasyl Kharakhulakh, director general of the Metallurgprom association of metal companies, said “Some companies are on the verge of stoppage”.…
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