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According to a source in the Cabinet of Ministers of Ukraine, ferrous scrap export in October this year in comparison to September decreased by 26.3% to 129,950 tonnes. Ferrous scrap export revenue decreased by 19.7% to USD 33.5 million. But as compared to October 2008, ferrous scrap export has increased in 3.9 times! In January…
DetailsUkrainian Journal reported that Kiev based Smart Holding plans to challenge in court the results of the privatization of OJSC Kryvorizhstal, the largest mining and Metals Company in Ukraine a 93.02% stake in which was bought by Mittal Steel Germany at an open tender held on October 24th 2005. According to the report, the mill…
DetailsInterfax-Ukraine quoted the Industrial Policy Ministry said Ukraine steel industry reduced finished roll output 18%YoY in January to November to 24.417 million tonnes. The industry cut roll output 30%YoY in January to August, 27% in January to September and 23% in January to October, so the latest figures indicate that the severe decline in the…
DetailsMetinvest has developed a functional logistics scheme and commenced capsize deliveries of iron ore for exports. The first vessel with a freight carrying capacity of 195,000 tons has departed to China. The second bulk carrier of the similar class is being stowed. This is the first time when the raw materials produced by Metinvest Iron…
DetailsAccording to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to October this year Ukraine consumed about 4.72 million tons of rolled steel products down by 37.8% YoY.In January to October 2009 Ukraine consumption of primary rolled steel products, excluding pipes was as follows: Product January-October 2008, t January-October…
DetailsJSC Yenakiievo Metallurgical Works part of Metinvest Group has completed a set of planned major overhauls at all the process stages of the enterprise. As a result of the Maintenance and Repair Program implementation, the core process equipment of the production shops has been upgraded and its performance capacities have been improved. M and R…
DetailsIt is reported that in October, consumption of rolled metal increased by 19%MoM and reached 564,670 tonnes. This is the 2009 maximum to date. An increase in purchases was marked in machine building, iron ore and steel industry, railways, pipe makers and metal traders. However, consumption levels in construction, chemistry and food industry have declined.…
DetailsThe Federal Antimonopoly Service of Russia supported an appeal by Russian oil firms to preserve duty free imports of Ukrainian pipes for oil and gas industry in 2010. The statement was related to the initiative of the Russian pipe makers to cut Ukrainian duty free imports by almost 2.5 times starting in 2010. The oil…
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