Ukraine: steelsmelting to fall even lower
Experts expect steel output in April on the level of 1.6 million tons, with 1.5 million tons both of pig iron and rolled metal.
DetailsExperts expect steel output in April on the level of 1.6 million tons, with 1.5 million tons both of pig iron and rolled metal.
The losses of Ilyich-Steel (Mariupol, Donetsk region) in 2014 totaled 57.64 million UAH.
In February Ukraine exported $153.04 million worth of flat rolled metal, while imports reached $33.99 million.
Ukraine’s mining and metal company Metinvest is holding consultations with lawyers on the possibility of postponing return of debts, Bloomberg news agency has reported, referring to its sources.
In February Ukraine exported $34.15 million worth of pig iron, with imports on the level of $0.21 million.
In 2014 Ukrstalkonstruktsiya (Kiev) received 54.69 million UAH of losses.
Mariupol Ilyich Iron & Steel Works is launching the production of boron added 30MnB5 steel plates for quenching and tempering, which increases the service life of components in agricultural machinery. This is the first time this kind of plates will be manufactured in Ukraine; machine-building companies previously imported this type of steel from Turkey and Europe.
Ferrexpo plc, controlling Poltava Mining and Processing Works, received $183.84 million of profit.
In February Ukraine exported $57.66 million worth of steel pipes, while imports totaled $6.27 million.
In 2014 the largest coke manufacturer Avdiivka Coke and Chemical Works (Donetsk region) received 791.96 million UAH of losses.
In February Ukraine exported $26.67 million worth of ferrous metals scrap, while imports totaled $0.43 million.
In February Dnerpospetsstal produced 17216 tons of steel, up by 9.2% MoM.
In 2014 Mariupol Ilyich Iron and Steel Works (Donetsk region) received 453.61 million UAH of profits.
In 2014 Artemovsk Non-Ferrous Metals Processing Works (AZOCM, Donetsk region) received 120.44 million UAH losses.
In February Yuzhniy Mining and Processing Works (UGOK, Kriviy Rih, Dniepropetrovsk region) produced 871.9 thousand tons of concentrate, down by 0.9% YoY.
In 2014 Evraz-Bagleykoks (Dnieprodzerzhinsk) net profits totaled 97.24 million UAH.
In February Ukraine exported $68.02 million worth of ferroalloys, while imports reached $9.99 million.
Poltava Mining and Processing Works (PGOK, Komsomolsk, Poltava region) has put into operation a new complex to produce pellets with high iron content.
In 2014 Khartsyzsk Pipe Works, a part of the Metinvest group, received 356.69 million UAH of net profits.
In February Ukraine exported $44.38 million worth of coke, while exports totaled $3.3 million.