Foreign direct investment in Ukrainian metallurgy

According to Ukraine’s State Statistics Committee, as of October 1st, foreign direct investments in the country manufacture of basic metals and fabricated metal products amounted to $5.656 billion accounting for 13.3% of total foreign investment in Ukraine.In particular, FDI from Cyprus amounted to $583 million, FDI from Germany totaled $4.6 billion, from the Netherlands reached…

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Ukraine forecasts crude steel production of 32 million tons in 2010

According to Mr. Sergei Belenky, Ukraine’s Senior Deputy Minister of Industrial Policy, in 2010 Ukraine is expected to produce 27.2 million tons of pig iron, 32.2 million tons of crude steel and 30.2 million tons of finished steel products.He said that currently the capacity utilization in Ukraine’s steel production stands at 71.4%, while average daily…

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Ukraine daily pig iron output increases to 75,500 tons in October

According to the Ukrainian association of metal producers Metallurgprom, in October Ukraine’s average daily pig iron output continued its positive trend, which started in August, registering an increase of about 1%, or 700 tons, compared to September to 75,500 tons. In the first ten days of November the country’s average daily pig iron output increased…

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ArcelorMittal Kriviy Rih crude steel output in 10 months up by 27% YoY

According to preliminary data, in January to October ArcelorMittal Kriviy Rih, a Ukraine-based subsidiary of the world largest integrated metals and mining company ArcelorMittal, saw its crude steel production increase by 26.8% YoY to 5.1 million tons.During the first ten months of the year ArcelorMittal Kriviy Rih produced: 4.453 million tons of finished steel, up…

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Ukraine issues 9 months ferroalloy import and export data

It is reported that in January to September Ukraine’s imports of ferroalloys decreased by 20.7% YoY to 76,070 tons, while its exports went up by 65.4% YoY to 826,270 tons.In September Ukraine’s ferroalloy imports decreased by 46.6% MoM and by 45.4% YoY to 4,700 tons. Specifically, in September Ukraine’s ferrosilicomanganese imports decreased by 53.2% MoM…

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IUD subsidiaries issue 10 months production results

It is reported that Alchevsk Iron and Steel Works and Dneprovsky Iron and Steel Works named after F. Dzerzhinsky (DMKD), the steelmaking subsidiaries of the Ukrainian steel producer Industrial Union of Donbass, have issued their preliminary production results for the first ten months of the current year.Accordingly, in January to October Alchevsk Iron and Steel…

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Ukraine semis exports in September increased by 29% MoM

It is reported that in September Ukraine semi-finished steel product exports increased by 29.1% MoM compared to August and by 4.2% YoY to 942,290 tons valued at $453.3 million, up by 29.8% MoM.Ukraine’s main semi-finished steel product export destinations in September were Italy, Lebanon, Turkey, Thailand, South Korea and Egypt.In January to September Ukraine’s semi-finished…

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Ukraine pipe production in mid October down by 10% MoM

It is reported that in October the Ukrainian pipe making industry demonstrated a 9.6% MoM decline rate. The underperformers were Khartszysk Pipe Works, Lugansk Tube Plant and Interpipe Niko-Tube with 25.0%, 13.6% and 36% MoM drop in output respectively.According to a Millennium Capital analyst “The news is neutral for pipes. Unexpectedly, this month Khartszysk Pipe…

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Ukrainian iron ore pellets production in October falls by 11% MoM

It is reported that Ukrainian iron ore producers decreased their pellets output by 10.6% MoM maintaining iron ore concentrate production at previous month level. The Central Mining and Processing Works has shown the largest slump in the production of pellets, down by 46% MoM.According to a Millennium Capital analyst “The news is neutral for the…

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Ukraine increased pig iron production by 4%

It is reported that Ukraine increased its pig iron production by 4.1% to 2.339 million tons in October compared to September. This was reported by the source in the Cabinet of Ministers of Ukraine.In October ArcelorMittal Kriviy Rih increased pig iron production by 7.4% to 480,000 tons. Mariupol Ilyich Iron and Steel Works increased its…

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