Ukrainian finished steel output to drop slightly in February 2012

In February 2012 Ukrainian crude steel production will rise by 1.1% compared to December 2011 to 2.790 million tos.Pig iron output in Ukraine will total 2.350 million tons in February, down by 1.01% compared to December, while production of rolled steel is expected to be 2.5 million tons, down by 1.96% compared to December. In…


Ukrainian metal companies to reduce steel smelting by 1% in February 2012

Ukrainian metal companies plan to reduce steel smelting by 1.1% in February 2012 compared to the targets for January to 2.79 million tons, and rolled steel production by 0.4%, to 2.5 million tons.The target for February also foresees a fall in cast iron production by 0.8%, to 2.35 million tons.Average daily cast iron production in…


ArcelorMittal Kriviy Rih crude steel output in 2011 down by 7% YoY

In 2011 the crude steel production of ArcelorMittal Kriviy Rih, the Ukrainian subsidiary of the global steel giant ArcelorMittal, totaled 5.720 million tons, down by 7% compared to 2010.last year ArcelorMittal Kriviy Rih registered an 8.5% decrease year on year in its finished steel output to 4.937 million tons. During the period in question, pig…


Ukrainian scrap exports in 11 months 2011 up by 22% YoY

In the first 11 months of 2011 Ukraine’s scrap exports increased by 21.8% YoY, to 736,900 tons. In November alone Ukraine’s scrap exports decreased by 31.1% MoM, to 62,900 tons.
In the first 11 months of 2011 Ukraine’s scrap imports increased 13.3 times compared to January to November 2010, to 116,200 tons. (SteelOrbis)

Ukrainian pig iron exports up by 16% in first 11 months

In January to November 2011 Ukrainian exports of pig iron increased by 16.2% YoY, to 1.527 million tons.
In November alone exports of pig iron from Ukraine decreased by 17.5% compared to October, to 178,100 tons. In January to November of 2011 Ukrainian imports of pig iron decreased by 17.6% YoY, to 41,600 tons. (SteelOrbis)

Ukrainian metallurgical companies see sales increase 31% in January to November 2011

In January to November 2011 Ukrainian metallurgical companies increased their product sales by 31.2% YoY, to UAH 224.2 billion.
In 2010 Ukrainian metallurgical companies saw their sales increase by 45.3% YoY, to UAH 189.4 billion. (SteelOrbis)

Ukrainian semi-finished steel imports increase in January to November 2011

In January to November of the current year Ukrainian exports of semi-finished steel products decreased by 8.1% YoY to 9.724 million tons.In the January to November period Ukraine exported 5.113 million tons of steel slabs, down by 0.3%, while exports of square billets dropped by 16.8% YoY to 4.520 million tons. Meanwhile, exports of semi-finished…


DMKD stops continuous casting billet mill for overhaul

Dneprovsky Iron and Steel Works named after F. Dzerzhinsky, a subsidiary of the Ukrainian steel producer Industrial Union of Donbass, has stopped its continuous casting billet mill No 1 for capital repairs.The mill was stopped on December 19 and the repairs are expected to be completed within five days. The company plans to inspect equipment…


Ukraine steelmakers reduce losses by 30%

According to Mr. Vasyl Kharakhulakh, director general of the Metallurgprom association of Ukraine’s metallurgical enterprises, Ukrainian metallurgical enterprises finished January-October 2011 with a negative financial result from ordinary activities before tax of 1.9 billion UAH while during the same period last year it was 2.7 billion UAH.He said that the profitability of metallurgical enterprises for…


Ukrainian crude steel output expected to decline in January 2012

According to the Ukrainian association of metal producers Metallurgprom, in January next year Ukrainian crude steel production will decline to 2.82 million tons.According to Metallurgprom’s forecast, pig iron output in Ukraine will total 2.370 million tons in January, while production of rolled steel in the month is expected to be 2.510 million tons.In the first…


Ukrainian metal companies report November 2011 6% gas consumption fall

Ukrainian metals companies cut gas consumption by 5.8%, or 24 million cubic meters, in November compared to October to 388 million cubic meters.
Average daily natural gas consumption by metals companies in November came to 12.9 million cubic meters. (Ukrainian Journal)

ArcelorMittal Kryvyi Rih steel output in November 2011 dips YoY

ArcelorMittal’s Ukrainian unit said steel output fell last month, extending a decline in production this year following repair work at the Kryvyi Rih plant.Volumes dropped to 531,600 tons in November from 565,700 tons a year earlier. Output in October totaled 527,900 tons.Output for the first 11 months of the year shrank to 5.15 million tons…


November 2011

UKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON Month Russian market, $/t, $1/RUR28.0758* min max October 573.60 730.36 November 569.89 676.74 Month Ukrainian market, $/t without VAT, $1/UAH7.9723* min max October 577.00 577.00 November 564.45 589.54 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.11.11 according to the National Bank of…