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Centravis has agreed with Ukreximbank to take a loan of 35 million euros for 5 years. The company intends to spend the funds to produce new types of seamless pipes, implement environment and energy-saving techniques as well as further modernize its manufacture. Centravis plans to invest at least 7 million euros in the development of…
DetailsIn January-February, Ukraine procured 639.2 thousand tons of scrap, up by 49.2% YoY. The increase is due to high prices. Scrap deliveries to metal companies grew by 45.7%, to 578.6 thousand tons. Scrap stocks are estimated at 250 thousand tons. Exports amounted to 30.2 thousand tons, up by 300%, while imports increased from 1.6 thousand…
DetailsArcelorMittal Kryvyi Rih, the biggest mining and steel plant in Ukraine, will all its employees a bonus based on the results of work in the previous year. The so-called “13th salary” will be paid in full on March 11. Besides, in 2021, the company’s management is considering the possibility of differentiated increase of salaries of…
DetailsIn January-February, Ukraine decreased steel output by 1.1% YoY, to 3.51 million tons. At the same time, manufacture of pig iron grew by 4.5%, to 3.51 million tons, and rolled metal – by 0.5%, to 3.16 million tons. Lat year, Ukraine decreased steel output by 1.4% YoY, to 20.549 million tons, but increased that of…
DetailsIn January-February, Ukraine exported 764.82 million tons of ferrous metals valued at $1.49 billion, up by 12% and by 6.9% YoY respectively. According to the Customs Statistics, the share of ferrous export revenue was 17.57% as opposed to 17.22% last year. Imports decreased by 12.8%, to $121.53 million. (Ukrainian metal)
DetailsIn 2020-2021, despite the pandemic-related crisis, the Ukrainian market of metal structures revived a bit. According to the people’s deputy Musa Magomedov, this mostly has to do with the Big Construction program. Metal structures were in demand in large infrastructure projects, such as road, bridge and airport construction and repairs. Now the market could grow…
DetailsIn February, Zaporizhstal produced 356.8 thousand tons of pig iron, 316.9 thousand tons of steel and 266.4 thousand tons of rolled metal. Compared with February 2020, pig iron output decreased by 3.6%, steel – by 1.2% and rolled metal – by 2%. In January-February, Zaporizhstal produced 755.8 thousand tons of pig iron, 653.2 thousand tons…
DetailsUkrzaliznytsia has announced 11 auctions to sell scrap with the combined weight of 71.4 thousand tons in the ProZorro.Sales system. The combined starting price is 467.9 million UAH. Average price is 6.553 thousand UAH per ton. The auctions will be held on March 9. Since the start of the year, the company has sold 51.3…
DetailsA draft decree No. 5175 to prolong the ferrous scrap export duty in the amount of 58 euro per ton for 5 years has been registered in the Verkhovna Rada. The accompanying note says that the positive effect of the duty has been noticed since its implementation in 2016. In particular, while in 2015 scrap…
DetailsWith each day of the Russian occupation of Lugansk region the opportunities to revive the industry of the region dwindle down. Following the shut down of mines, all the iron and steel works will be closed as well. Alchevsk Iron and Steel Works could become the first of such companies, as it half-operates only one…
DetailsIn 2020, metal companies in the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia, decreased exports of pig iron to Turkey via Russia 1.5-fold YoY, to 287 thousand tons. At the same time, Russian exports grew by 53%, to 974 thousand tons. Pig iron prices increased from $350 to $550 per…
DetailsIn 2020, the volume of capital investments in metal industry decreased by 52.6% YoY, to 18.8 billion UAH. According to the State Statistics Service, overall investments in industry dropped by 43.6%, to 153.3 billion UAH. The share of metallurgy was 12.3%. In Q1 2020, capital investments decreased by 27.5%, in Q2 – by 51.4%, in…
DetailsAzovstal has again received an international certificate as an approved manufacturer of rolled sheets for shipbuilding according to LR. The document is valid till February 2024. “Without this certificate we would not be able to supply certain shipbuilding steel grades, thus the company would have lost its customers, orders and income”, Azovstal noted. (Ukrainian metal)
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