Another 49% shares of Stalkanat-Silur sold to a Cyprus company

Liftone Ventures Limited (Cyprus) purchased 49.99% shares (51329829) of the major metal wares manufacturer Stalkanat-Silur, Odessa.

Earlier 49.6% of shares were purchased by Bomberio Holdings Limited (Cyprus).

Companies intend each to acquire 49.9999% of Stalkanat-Silur.

In October 2013 the Antimonopoly Committee permitted both companies to purchase over 25% shares of the works. (Ukrainian metal)

Ukraine earns $85 million on pig iron exports in November 2013

In November 2013 Ukraine exported pig iron worth of $85.53 million, imports amounted to $0.1 million. One of the major importers of pig iron in November 2013 was Italy ($38.19 million). In January-November 2013 Ukraine exported pig iron for $714.94 million, while imports were on the level of $5.19 million. In October 2013 Ukraine exported…


Metinvest companies to supply $1.2 billion worth of rails to Ukrainian Railroads

Ukrzaliznychpostach, the State enterprise of railroad transport provision, chose Metinvest-Ukraine, a Metinvest group company specializing in wholesale in Ukraine and CIS (except for Russia), to supply rails and rail fasteners for 1187.123 million UAH. The offer was accepted on December 24th, 2013, the contract is to be concluded by January 23rd. The products are to…


November 2013

UKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON UKRAINE&RUSSIA: ROUND BILLETS Month Ukrainian market, $/t, $1/UAH7.9898* min max October 507.75 569.02 November 491.88 603.55 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.11.13 according to the National Bank of Ukraine and the Central Bank of the Russian Federation.  (Ukrainian Metal) UKRAINE&RUSSIA:…


Ukraine increased coal extraction in November 2013

According to the State Statistics Committee, coal extraction in November increased by 1.3%, to 5.7 million tons YoY.

Coal extraction increased by 3.1% to October figures.

In January-November Ukrainian coal extraction decreased by 3%, to 57.6 million tons YoY. (Ukrainian metal)

Ukraine decreases foreign currency revenues from ferrous metals exports in January-November 2013

In January-November Ukrainian metal companies decreased ferrous metals export revenues by 8.1%, to $13096.844 million, YoY. According to the Customs service statistics, ferrous metals accounted for 22.82% of the whole export revenues, up from 22.57% YoY. In November ferrous metals export revenues reached $1201.686 million, while in October they were on the level of $1151.882…


In January 2014 Ukrainian metal companies intend to increase rolled output

In January 2014 Ukrainian metal companies plan to produce 2.32 million tons of rolled metal, up by 3.98% as compared to November 2013. Pig iron output is expected to increased by 7%, to 2.5 million tons, steel output – by 5.8%, to 2.7 million tons. To meet these figures metal companies will need 610 thousand…


Ukraine saw a decrease in ferroalloy output in January-November 2013

In January-November Ukrainian ferroalloy companies decreased output by 18.9%, to 784.3 thousand tons, YoY. In particular, silicomanganese output decreased by 17.1%, to 568.7 thousand tons, ferromanganese production fell by 51.2%, to 73.3 thousand tons, metallic manganese output decreased by 50.4%, to 7.2 thousand tons, while ferrosilicon output increased by 15.6%, to 135.1 thousand tons. The…


Ukraine decreases average daily rolled metal output in December 2013

In 9 days of December Ukrainian metal companies decreased average daily output of rolled metal by 7.4%, to 68.9 thousand tons, compared to November. Average daily pir iron output increased by 2.3%, to 79.7 thousand tons, while steel output rose by 0.6%, to 85.6 thousand tons. As of December the 1st, metal companies operated 29…


Dniepropetrovsk region increases steel and ore output

In January-November metal companies of the Dniepropetrovsk region produced 10.5 million tons of steel (106.6% YoY), almost 9 million tons of iron ore (110.4%), 2.2 million tons of sinter (120%), 51.3 million tons of iron ore concentrate (102.4%), 9.1 million tons of rolled metal (102.5%) and 12 million tons of pellets (103.6%). Pipe industry sees…


Ukrainian metal companies decrease investments into reconstruction

In January-September Ukrainian metallurgical companies decreased capital investments into technical overhaul and modernization by 27.5%, or 783.2 billion UAH, to 3,695 billion UAH YoY.  In 2013 companies mostly invested in construction of new objects and the already going reconstruction and modernization of existing capacities. Vital to the sector are the modernization of furnace manufacture and…


ArcelorMittal Kryvyi Rih’s finished steel output up by 3.27% in January-November 2013

In the first 11 months of the current year the crude steel production at ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of the global steel giant ArcelorMittal, totaled 5.866 million tons, down by 0.05% year on year, as announced by the company. In addition, in the first 11 months of the year ArcelorMittal Kryvyi Rih saw…


Ukraine to produce 2.7 million tons of crude steel in January 2014

In January 2014 Ukraine’s crude steel production is expected to decrease by 1.4% compared to the expected output in December this year to 2.70 million tons. In January 2014 pig iron output in Ukraine will total 2.50 million tons, down by 1.5% compared to the expected December 2013 result, while Ukrainian production of rolled steel…


Ukrainian steel output decreased in November 2013

In January-November Ukrainian metal companies increased steel output by 0.6%, to 30,02 million tons, pig iron output – by 1.8%, to 26,637 million tons and decreased rolled metal output by 0.1%, to 26,625 million tons, YoY. In November steel smelting decreased compared to October by 2.5%, to 2.554 million tons, and by 4.9% compared to…


Metinvest implements environmental project

The Ukrainian mining and steel producing group Metinvest has stated that it has signed a contract with Italy’s Termokimik Corporation, a leading producer of environmental equipment for industrial companies, to develop the basic engineering to upgrade the sinter plant at its subsidiary Mariupol Ilyich Iron & Steel Works (MMKI). Total investment in the project will…


Zaporizhstal’s finished steel output up by 1.6% in January-November 2013

In November Zaporizhstal’s finished steel product output decreased by 26.5% year on year to 199,100 tons, while its crude steel production declined by 11.6% year on year to 279,000 tons, according to the company’s preliminary results.In the January-November period Zaporizhstal saw a 1.6% year-on-year rise in its finished steel product output to 2.932 million tons,…


Ukrainian steel pipe output down by 22% in January-November 2013

In the January-November period of the current year Ukrainian companies produced 1.501 million tons of steel pipes, down by 22% compared to the same period last year, according to the figures issued by Ukraine’s Cabinet of Ministers. 

In November Ukraine’s steel pipe production decreased by 14.2% compared to October, to 97,000 tons. (SteelOrbis/Ukrainian metal)

Ukrainian pig iron exports and imports in January-October 2013

In October Ukraine exported $69.89 million worth of pig iron, imports totaled $0.9 million. Italy was one of the main importers of Ukrainian pig iron ($25.43 million). In January-October Ukraine exported pig iron for $629.41 million, while imports totaled $5.09 million. In September Ukraine exported pig iron for $62.01 million and imported for $0.76 million.…


Ukrainian pipes exports in October 2013

In October Ukraine exported steel pipes for $94.57 million. Imports totaled $17.74 million. One of the main importers of steel pipes in October was Russia ($30.4 million). In January-October Ukraine exported steel pipes for $1409.26 million, while imports reached $155.47 million. In September Ukrainian steel pipes exports totaled $151.7 million, while imports were at the…