ArcelorMittal Kriviy Rih to upgrade converter shop in 2010

It is reported that ArcelorMittal Kriviy Rih, Ukraine-based subsidiary of the world largest integrated metals and mining company ArcelorMittal, plans in 2010 to carry out the modernization of its converter shop by installing a new ladle furnace, a new continuous billet caster and by replacing its gas cleaning units.ArcelorMittal Kriviy Rih 2010 investment projects are…

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Ukrainian steel mills hike plate and HR prices

It is reported that the Ukrainian mills have announced new prices for 2nd quarter 2010.
Mariupol Ilyich Iron and Steel Works has increased plate prices to $555 per ton FOB basis, while Zaporozhstal is looking for a price above $600 per ton FOB ST for HRC. (Steelprices-europe)

Investment in Ukrainian steel industry in 2009 dips

According to preliminary data, in 2009 the investment volume into Ukrainian metallurgy upgrade did not exceed UAH 5 billion.In recent years the metallurgists kept increasing the investments into main capacities upgrade. The investment started picking up in 2007, when the investments volume amounted to UAH 10.5 billion. In terms of specific investments per 1 ton…

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Ukrainian steelmakers issue output data for January

The major Ukrainian steelmakers have released their preliminary production results for the first month of 2010. Of the top seven largest Ukrainian steel producers, only Azovstal and ArcelorMittal Kriviy Rih showed QoQ increases in output, of 4.9% and 3.9% respectively, due to positive changes in the market situation.Mr. Andrey Gerus, an analyst at the Ukrainian…

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Interpipe NTRP starts production of seamless pipes

Interpipe NTRP mill in Dnepropetrovsk, Ukraine has started production of seamless pipes with corrosion-resistant coating. The corrosion-resistant coating protects the surface and is applied by new painting installation equipment made by Venjakob. Companies based in Saudi Arabia, Egypt and Israel will receive the first batch of pipe products with the protective coating.Mr. Fadi Hraibi, product and…

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Yenakievo output for December 2009

Yenakievo Iron and Steel Works (EMZ), part of Metinvest Group, in December 2009 produced 184,000 tons of cast iron and 209,500 tons of steel. Output of rolled products comprised 196500 tons. (SteelGuru)