IUD Corporation and Litat Group Company have signed a contract to supply steel to the Middle East countries in the amount of 4.8 million tons within 2010. The agreement provides for the preliminary financing of production on the orders of Litat Group Company. IUD Corporation has been collaborating with Litat Group in the field of…
DetailsAccording to the World Steel Association data, Ukraine has secured eighth position among the largest countries-world steel producers in March having produced 2.995 million tons of metal.Ukraine in February attained the eighth place among the largest countries-world steel producers having produced 2.565 million tons of metal. In total, the world steel production this March against…
DetailsIt looks like Ukrainian steel billet sellers have broken the market for themselves. A lot of companies were keeping out of the market till the last time expecting to get some premium to the price.When players came to the market with the price of $645-660 per ton, it was just not accepted. It became obvious…
DetailsIt is reported that the government of the Russian Federation has charged Russia’s Ministry of Economic Development and Ministry of Foreign Affairs to negotiate with the Ukrainian side on the settlement of the duty free supply of certain types of steel pipes up to a certain quota from Ukraine.As of April 1st 2010, Russia has…
DetailsIt is reported that in comparison with Q1 2009 this year Ukrainian steelmakers increased exports of steel products by 4.6% to 5.664 million tons.In March compared to February export increased by 39.8% to 2.186 million tons.As for the product structure in export shipments in Q1 2010 compared to the same period of previous year, semis…
DetailsIt is reported that the Ukrainian steel group Donetskstal has denied reports that it has made a proposal to ArcelorMittal to create a JV for the production of coking coal at the Karagaylinskaya mine located in Russia’s Kemerovo region or to sell 50% of the mine to ArcelorMittal.It said “No negotiations are taking place in…
DetailsAccording to the Ukrainian association of metal producers Metallurgprom, during the Q1 2010 the Ukrainian steelmakers have continued to increase their average daily pig iron output by 18% YoY to 77,500 tons compared to 65,700 tons for the same period last year.In March Ukrainian average daily pig iron output rose by 8,000 tons MoM to…
DetailsAccording to the data issued by the Ukrainian Association of Metal Traders, in the Q1 of 2010 the country rolled steel products consumption registered an increase of 8.8% YoY to approximately 1.196 million tons.Accordingly, in Q1 this year Ukrainian pipe making companies increased purchases of domestic and imported rolled products by 3.2% YoY to 330,664…
DetailsIt is reported that the debts for VAT reimbursements to steelmakers continue to grow in Ukraine reaching a record amount of UAH4.5 billion as of April 1st. The Ukrainian Federation of Metallurgists has stated that “The inequality of VAT refunding during all the past years is very alarming.”As per report, of the total debt of UAH4.5…
DetailsIn March Khartsyzsk Pipe Works, JSC, part of Metinvest Group, produced 11,890 tons of large diameter pipes, which is by 11,540 tons over February pipe production. March 2010 results. Product March 2010, t February 2010, t Change, % Large diameter pipes 11,893 353 3,368.8 Product January-March 2010, t January-March 2009, t Change, % Large diameter…
DetailsIt is reported that in 2009 the Ukrainian flat steel producer Mariupol Ilyich Iron and Steel Works saw its steel product exports fall by 14.72% YoY to 3.123 million tons being affected by the global decline in steel demand.In 2009 the company exported to 69 countries. With the largest importers of Ilyich steel products being…
DetailsAzovstal Iron and Steel Works, part of the Metinvest Group, in March produced 406,100 tons of cast iron and 476,400 tons of steel. Output of rolled products in March comprised 451,100 tons.In March the plant produced 173,600 tons of bulk coke with 6% of moisture. March 2010 results. Product Macrh 2010, th. t February 2010,…
DetailsDonetsk Electrometallurgical Plant, previously known as ISTIL, has announced that, following a one month stoppage, on April 10th it restarted its production operations at its electric arc furnace shop.According to the company statement, in April this year DEMZ is planning to produce up to 50,000 tons of continuous cast billet, which will be exported to…
DetailsPig iron from Ukraine has reached during last days as high as $548 per ton CFR FO Mediterranean ports.
Also pig iron is in an apparent shortage with customers available to pay higher prices to secure and satisfy needs. (Steelprices-Europe)
According to the data released by the metal trading enterprise Ukrainian Mining and Metallurgical Company, in the Q1 of 2010 Ukraine imports of rolled steel products amounted to about 284,300 tons, up by 142.2% YoY.In March this year Ukraine increased its imports of rolled steel products by 12.5% compared to February, and by 85.9% YoY.…
DetailsUKRAINE & RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON METAL OF UKRAINE & RUSSIA: ROUND BILLETS, FEBRUARY 2010 Month Ukrainian market, $/t, $1/UAH5,33* min max January 577.18** 577.18** February 588.68 588.68 Month Export, Ukraine, $/t, FOB Black sea ports min max January 410.00 430.00 February 410.00 430.00 Month Export, Russia, $/t, FOB Black sea…
DetailsAccording to the information issued by the Ukrainian Ministry of Economy, as of April 1st Russia and other countries utilized 84.68% of the annual quota imposed by Ukraine for seamless casing and tubing imports with outside diameter up to 406.4 mm supplying a total of 12,896 tons.In March Ukraine’s imports of seamless casing and tubing…
DetailsMr. Andriy Kliuyev, the first Vice Prime-minister of Ukraine, said that the government of Ukraine had approved a resolution to prolong benefits for the companies in the metallurgical sector and retain the same prices for their products on the domestic market.He said that “We’ve agreed with the metallurgists that under a cabinet resolution we will…
DetailsAccording to the information, issued by the Ukrainian Ministry of Economy, up to April 1st 2010 Ukraine utilized 25.38% of its annual quota for rebar exports to Russia and 94.37% of its yearly quota for cold-rolled steel exports to the same destination, supplying a total of 101,528 tons and 198,182 tons respectively.From November 1st 2009…
DetailsThe Dneprovsky Iron and Steel Works is the second Ukrainian enterprise belonging to the Industrial Union of Donbass which has passed the registration according to the international standards, namely ISO 1400 which is the ecological management and OHSAS 18000, the system of labour protection and security management. Earlier, in December 2009 Alchevsk Coking Plant received…
DetailsRIA Novosti quoted the Federal Customs Service said Russia halted from April 1st the imports of Ukrainian steel pipes duty free over the failure to agree on a quota for the second quarter of 2010.In February 2010 Russian steel pipe producers, accounting for over 70% of the domestic steel pipe market, requested the government halt…
DetailsIt is reported that in March this year the situation of the Ukrainian steelmakers improved and their crude steel output increased by 23.4% compared to February to 2.9 million tons. The growth was due to the recovery of demand in the country export markets and the increase in steel traders’ purchases due to a higher…
Details– finished rolled metal by 95.2% up to 369,000 tons;
– steel by 72.0% up to 387,000 tons;
– iron by 67.5% up to 330,000 tons;
– agglomerate by 23.1% up to 437,000 tons. (SteelGuru)
The Dneprovsky Iron and Steel Works named after F. Dzerzhinsky, a subsidiary of the Ukrainian steelmaker Industrial Union of Donbass, plans to complete the construction of its new continuous billet caster No 3 by the end of the first half of this year.The new 1.7 million tons capacity continuous caster No 3 will allow DMKD…
DetailsAccording to the data issued by the Ukrainian iron ore and steel producer Metinvest Holding, in March this year its subsidiary Khartsyzsk Pipe Works increased its large diameter pipe output to 11,890 tons from just 353 tons in February.In January to March this year, KhPW produced 31,124 tons of LD pipes down by 79.2% YoY…
DetailsIn March in comparison with February the Dneprovsky Iron and Steel Works named after F. Dzerzhinsky increased its production of:
– finished rolled metal by 51.3% up to 283,000 tons;
– steel by 49.8% up to 301,000 tons;
– iron by 24.2% up to 280,000 tons;
– agglomerate by 18.9% up to 435,000 tons. (SteelGuru)
