Ilyich and Metinvest combination could create one of world’s top steel firms

Ukrainian analysts said a likely combination between the Mariupol Ilyich Iron and Steel Works and the Metinvest conglomerate would create one of the world’s top 20 steel firms.Mr. Andrei Gerus, head of consulting at Concorde Capital, says Metinvest is currently the world’s 30th biggest steel producer. It is also the world’s seventh biggest iron ore…

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ArcelorMittal Kriviy Rih plans to start processing oxidized ore

Local newspaper Delo has reported citing Mr. Christophe Cornier, member of ArcelorMittal group management board, as saying ArcelorMittal Kriviy Rih intends to implement a project for processing oxidized ores.Mr. Cornier said “We produce 8 million tons of sinter per year and, with the introduction of oxidized ore processing technology, the production will double.”The management of…

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Operations of Ilyich and DMKD hit by reduced gas supplies

It is reported that Ukraine’s national energy company Naftogaz has started to limit gas supplies to the most indebted domestic steel producers, i. e. to the Mariupol Ilyich Iron and Steel Works and Dneprovsky Iron and Steel Works named after F. Dzerzhinsky (DMKD), a subsidiary of the Ukrainian steel producer Industrial Union of Donbass (ISD),…

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IUD sharply decreased output in late May

It is reported that the steelmaking subsidiaries of the Ukrainian steel producer Industrial Union of Donbass, namely Alchevsk Iron and Steel Works and Dneprovsky Iron and Steel Works named after F. Dzerzhinsky (DMKD), have sharply decreased their steel outputs in late May to early June.According to Ukrainian association of metal producers Metallurgprom, when its operations…

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Metinvest iron ore subsidiaries announce 5 months output results

It is reported that the iron ore subsidiaries of the Ukrainian mining and steel producing company Metinvest Holding have issued their production results for the first five months of 2010.Central GOKIn January to May this year, Central GOK increased its concentrate output by 43.8% YoY to about 2.492 million tons and saw an insignificant drop…

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