Metinvest shipments of steel to CIS grew by 90% in 2010

For 10 months of 2010 Metinvest-Ukraine, a wholesale distribution channel of Metinvest Steel and Rolled products division sales service, increased its shipments of steel products to CIS countries by 90%, up to 135,000 tons compared with 71,000 tons in the previous year.In 2010 Metinvest-Ukraine managed to have substantially increased the sales volume, shipments to Central…

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Ukraine pipe production in November up by 18% MoM

It is reported that the Ukrainian pipe making industry has demonstrated a 17.7% MoM growth rate in November driven by Khartzyzsk and Lugansk Tube Plant performance improvements. Khartsyzsk Pipe Works performance has skyrocketed by 38.2% MoM, decreasing the gap between prior year 11 month results to 50%.According to a Millennium Capital analyst, “The news is positive…

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Ukrainian steel production in November declines

It is reported that in November steel output in Ukraine declined by 0.8% MoM and roll production increased by 2% MoM.  Most of the steelmakers maintained previous month’ production level, while Metinvest’s Yenakievo Iron and Steel Works (ENMZ) displayed 10.3% MoM and 11.7% MoM hikes in steel and roll production respectively.According to a Millennium Capital analyst,…

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IUD subsidiaries issue 11 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 (IUD), have issued their preliminary production results for the first 11 months of the current year. In January to November Alchevsk Iron and…

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OCTOBER 2010

UKRAINE&RUSSIA: STEEL-MAKING PIG IRONUKRAINE&RUSSIA: FOUNDRY PIG IRON UKRAINE&RUSSIA: ROUND BILLETS UKRAINE&RUSSIA: SQUARE BILLETS UKRAINE&RUSSIA: ROLLED WIREUKRAINE&RUSSIA: SLABS UKRAINE&RUSSIA: REINFORCEMENT STEEL, CLASS A1, A3 Month Russian market, $/t, $1/RUR31.38* min max September 548.12 788.72 October 548.12 788.72 Month Ukrainian market, $/t without VAT, $1/UAH 5.33* min max September 890.81 1009.76 October 890.81 1009.76 Month Export, Ukraine,…

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Ukraine increases long steel exports and imports in October

It is reported that in October Ukraine’s long steel product exports increased by 40.3% MoM to September and by 4.6% YoY to 498,400 tons valued at about $318 million, up by 66.4% MoM.Ukraine’s main long steel export destinations in October were Russia (137,550 tons), Iraq (67,240 tons), Lebanon (33,240 tons), Jordan (33,020 tons), Romania (27,120…

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Metinvest to supply steel slabs to Abu Zabel

Ministry of Industrial Policy of Ukraine reported that Metinvest Group planned to supply 27,000 tons of slabs, produced by Azovstal Iron and Steel Works, to Abu Zabel Company of the Ministry of the Defense Industry of Egypt.The contract between Metinvest Group and Abu Zabel was signed on November 25th after the meeting between the Minister…

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Ukrainian steelmaker investments down by 12% YoY

According to the data issued by the Ukrainian association of metal producers Metallurgprom, in January to September Ukrainian steelmakers, which are members of Metallurgprom, invested a total of UAH 2.757 billion in the upgrading of their production facilities, down by 12.2% YoY. January-September 2010 Change Donetsk region 1.376 billion UAH -18.2% Mariupol Ilyich Iron and…

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Ukrainian ferroalloy output in 10 months up by 47% YoY

According to the Association of Ukrainian Ferroalloy Producers, in January to October Ukraine increased its ferroalloys production by 47% YoY to 1.19 million tons.During the first 10 months of this year, Ukraine’s silicomanganese output increased by 34% to 781,900 tons, its ferromanganese production went up 2.4 times to 236,600 tons, its ferrosilicon output increased by…

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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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