Azovstal to close open-hearth furnaces in May

Azovstal Iron and Steel Works plans to close outdated, energy inefficient open-hearth furnaces in May.Steel production capacity will decrease by 1.3-5.5 MT per year, with two converters left. Additionally, Azovstal gained approval at the end of April to produce rails from converter steel from its biggest rails customer, Ukrzaliznytsia.Until recently OHF steel was used. Azovstal…

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Ukrainian crude steel output down by 3% in April from March

In April Ukraine’s crude steel output totaled 2.995 million tons, 3% or 94,000 tons lower as compared to March.
In the January to April period Ukrainian crude steel production reached 11.631 million tons, marking an increase of 5.8% YoY. (SteelOrbis)

ArcelorMittal Kryviy Rih reduces steel output by 10% through April 30

Ukraine’s largest steelmaker, ArcelorMittal Kryviy Rih reduced output of crude steel by 10.2% YoY to 1.83 million tons in January through April down from 2.04 million tons produced a year ago.AMKR also reduced output of rolled steel by 9.8% YoY to 1.6 million tons, while production of pig iron dropped by 12.1% YoY to 1.57…

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ArcelorMittal Kryvyi Rih crude steel output down by 10% in January-April

In the January to April period of the current year the crude steel production of ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 1.838 million tons, down by 10% YoY. In addition, in the first 4 months of the year ArcelorMittal Kryvyi Rih registered a 12% decrease YoY in its finished…

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KhPW steel pipe output up by 194% in January-April

Ukrainian pipe producer Khartsyzsk Pipe Works announced that in January to April this year it produced 210,000 tons of steel pipes, 194% more than in the same period of 2010. Meanwhile, KhPW’s production of steel pipes in April decreased by 1% compared to March, dropping to 54,100 tons. (SteelOrbis)

Metinvest launches BOF steel rails production

Metinvest is launching BOF steel rails production at Azovstal Iron and Steel Works. The manufacturing procedure for the rails production has been approved by Azovstal’s strategic partner Ukrzaliznytsya.Metinvest experts together with the State Research and Development Center of Ukraine have developed and evaluated the manufacturing practice for BOF steel rails and all delivery trials have…

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Ukrainian coke exports up by 39% in Q1

According to the official data for the Q1 of the current year, Ukrainian exports of metallurgical coke increased by 39.4% YoY to 43,481 tons.In March alone, coke exports from Ukraine increased by 105.9% compared to February, rising to 227,900 tons, and were up by 126.9% YoY. In 2010 Ukraine’s coke exports increased by 59% YoY…

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Ukrainian steel consumption expected to increase by 15% in 2011

Ukraine’s steel total consumption in 2011 was expected to reach 8.2 million tons, up by 10-15% from a year earlier.Furthermore, it is expected to have more remarkable increase on the steel tube sector and mechanical engineering. Meanwhile, it’s known that Zaporizhstal, Ukraine’s fourth largest steel maker, increased its steel shipment by 90 thousand tons in…

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Ukrainian steel makers report negative results for Q1 2011

Ukrainian steel companies reported their financial statements for the Q1 2011, which turned out to be much worse than expected.Yenakievo Iron and Steel Works posted negative EBITDA of $45 million which increased 1.5 times YoY, net losses almost doubled to $52 million. Mariupol Ilyich Iron and Steel Works’ net losses increased by a factor of…

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Ukrainian market of commercial products – first priority for Metinvest

Metinvest will become the first and only company in Ukraine to offer clients a maximum wide product range of structural shapes. Starting with Q2 of 2011 the network of service metal centers will be able to offer a full product range of structurals for their clients, including items that were not available before. The output…

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March 2011

UKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON UKRAINE&RUSSIA: ROUND BILLETS UKRAINE&RUSSIA: SQUARE BILLETS Month Russian market, $/t, $1/RUR31.38 Ukrainian market, $/t without VAT, $1/UAH 5.33* min max min max February 464.82 774.38 791.76 1008.90 March 806.25 857.23 791.76 1008.90 Month Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports…

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