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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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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