In the January to August period of the current year the crude steel production of ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of the global steel giant ArcelorMittal, totalled 3.637 million tons, down by 10% YoY. In the first eight months of the year ArcelorMittal Kriviy Rih registered an 11% decrease YoY in its finished steel…
DetailsAccording to the preliminary data, in the first eight months of 2011 Ukraine registered a 5.6% growth YoY in its finished steel product output, to 20.334 million tons, an increase of 8.4% in its crude steel output, to 23.153 million tons, and a 6% rise in its pig iron production, to 19.107 million tons.The country’s…
DetailsIn the January to August period of the current year the steelmaking subsidiaries of the Ukrainian steel producer Industrial Union of Donbass produced a total of 4.331 million tons of pig iron up, by 25% YoY. The subsidiaries’s crude steel output in the given period increased by 23% YoY, to 4.613 million tons. In the…
DetailsAccording to the data released by the metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to July Ukraine’s exports of steel products rose by 1.3% YoY increasing to 14.421 million tons. In July alone Ukraine’s steel product exports decreased by 21.6% compared to June, dropping to 1.835 million tons.In the first seven months…
DetailsIn the first seven months of the current year Ukraine’s scrap exports decreased by 4.3% YoY to 411,600 tons. In July alone Ukraine’s scrap exports decreased by 22.2% MoM falling to 100,300 tons.In the first seven months of the current year Ukraine’s scrap imports increased by 62 times compared to January to July 2010, rising…
DetailsDneprovsky Iron and Steel Works named after F. Dzerzhinsky (DMD), a subsidiary of the Ukrainian steel producer Industrial Union of Donbass, has activated works to install ladle furnace no 2.The company has almost completed all construction works. Azovintex company is installing the equipment of the ladle furnace. The installation of the furnace crown and the…
DetailsIn the first seven months of the current year Ukraine registered a 3.7% YoY increase in its flat steel imports to 0.481 million tons. In July alone Ukraine’s flat steel imports increased by 3.6% to June to 0.082 million tons.In the first seven months of 2011 Ukraine’s flat steel exports increased by 19.2% YoY to…
DetailsIn the first 7 months of the current year Ukraine’s scrap exports decreased by 4.3% YoY to 411,600 tons. In July alone Ukraine’s scrap exports decreased by 22.2% compared to June falling to 100,300 tons.In the first 7 months of the current year Ukraine’s scrap imports increased by 62 times compared to January to July…
DetailsThe investment bank Renaissance Capital said, Ukraine might not suffer to the extent it did when metals prices plunged during the global financial crisis three years ago.Analysts Ms. Anastasia Golovach and Mr. Ivan Tchakarov said, “Assuming the worst case scenario of declining commodity prices, which are crucial for Ukraine, the country may be less sensitive…
DetailsIn January to June period of the current year Ukraine’s largest vertically integrated mining and steel group Metinvest saw a 77.6% increase in its crude steel production – to 7.345 million tons, helped by the use of high quality coke. In particular, in the given period Metinvest saw a 73.4% YoY increase in its pig…
DetailsThe Mariupol Ilyich Iron and Steel Works, a subsidiary of the Ukraine-based vertically-integrated mining and steel group Metinvest, plans to build a new converter mill with a rolling mill. After the project realization, Ilyich will be able to produce 8.5-9.0 million tons of steel per year.Also, Ilyich plans to reconstruct its mill 1700 in order…
DetailsIt is reported that the Ukrainian steel-making industry will produce 30.7 MT of finished steel products, up by 9% YoY, and 34.7 million tons of steel, up by 6% YoY in 2011. These projected figures are 2% lower in comparison to the forecast issued by the ministry in May.According to Phoenix capital, “The event is…
DetailsIn January to July Lugansk Tube Plant increased its welded steel pipe production by 4% YoY to 132,000 tons.
In August the mill plans to produce around 16-17,000 tons of welded pipes and to maintain its July work level on the back of steady demand from both local and foreign customers. (SteelOrbis)
Mr. Viktor Vekselberg’s Renova Group is in talks to buy metals assets of Viktor Pinchuk EastOne LLC.
EastOne is looking to sell 25% of companies that control three ferroalloy plants and two iron ore processing facilities in Ukraine including the Nikopol Ferroalloy Plant. The stakes may be worth a total of $1.5 billion. (Kommersant)
ArcelorMittal Krivyi Rih steel production declined by 13.6% YoY in July from the same month a year ago.Mr. Alexander Ioskov, who heads the production department at ArcelorMittal Kryvyi Rih, said output fell to 425,100 tons from 492,100 tons.Steel production declined to 3.08 million tons in the first seven months of the year from 3.56 million…
DetailsThe Ukraine-based vertically integrated mining and steel group Metinvest has completed the cold repair of the open hearth furnace No 6 at the open hearth shop of the Mariupol Ilyich Iron and Steel Works.The company invested around UAH 15 million in the repair works which took eight days. The previous repair of open hearth furnace…
DetailsUKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON UKRAINE&RUSSIA: ROUND BILLETS UKRAINE&RUSSIA: SQUARE BILLETS UKRAINE&RUSSIA: ROLLED WIRE UKRAINE&RUSSIA: SLABS Month Export, Ukraine, $/t, FOB Black sea ports min max June 650.00 660.00 July 605.00 610.00 Month Export, Russia, $/t, FOB Black sea ports min max June 640.00 660.00 July 600.00 650.00 * – Ukrainian Hrivna…
DetailsIt is reported that during the period from October 1 2010 to July 31 2011 importers of steel pipes to Ukraine used 88.33% of their annual quota for imports of steel seamless casing and tubing with diameters up to 406.4 mm. In the given period 14,094 tons of steel seamless casing and tubing were imported…
DetailsSteel output at Ukraine’s plants owned by Metinvest Holding rose by 8% YoY in January to July to 8.5 million tons.Metinvest, Ukraine’s largest mining and metals group, which is owned by the country richest man Rinat Akhmetov, operates three steel plants located in eastern Ukraine.The company also increased its pig iron production by 6% to…
DetailsIt is reported that Yenakievo Iron and Steel Works (ENMZ) increased net losses in H1 2011 by 29% YoY to $78 million, but cut them in half QoQ to $26 million in Q2. Azovstal Iron and Steel Works (AZST) posted $19 million in net losses in H1 2011 after recording $12 million in net profit…
DetailsAccording to the data for the first half of the current year, Ukraine’s steel pipe exports increased by 58.1% YoY to 880,060 tons worth a total of $1.070 billion. In June Ukraine’s steel pipe exports rose by 10.1% compared to May reaching 141,990 tons.In the first six months of 2011 Ukraine registered a 42.6% YoY…
DetailsAccording to the data for the first six months of the current year, Ukraine’s metal product exports increased by 3.1%YoY to 12.587 million tons. In June Ukraine’s metal product exports declined by 2.2% compared to May to 2.43 million tons.In the given period, Ukraine registered a 9.7% YoY increase in its metal product imports to…
DetailsAccording to the data for the first half of the current year, Ukraine’s pig iron exports decreased by 1.9% YoY to 756,340 tons worth a total of $346.83 million.In June alone Ukraine’s pig iron exports rose by 26.5% compared to May, reaching 127,020 tons worth a total of $60.82 million. The main consumer of Ukrainian…
DetailsLeading steel pipe and railway wheels maker Interpipe has supplied seamless construction pipes to Bladt (Denmark). Bladt Industries is one of the leading manufacturers in the European market of wind turbines for offshore wind power generators. The volume of pipes supplied is 1,200 tons.Interpipe pipes will ultimately be used for the construction of wind power…
Details