It is reported that the Ukrainian steelmaker Zaporizhstal plans in December of the current year to start cold testing of its new pulverized coal injection plant.As per report, total investment in the construction of the plant is set to amount to about UAH 100 million up to the end of 2009.Zaporizhstal said in a statement…
DetailsUkrainian Journal reported that the last state 0.1% stake in ArcelorMittal Kriviy Rih is to be put up for sale at Ukrainian Interbank Currency Exchange on September 16th.According to the report, a total of 3.6 million of shares are to be sold.The SPF previously sold shares of ArcelorMittal Kriviy Rih at exchanges from November 2006…
DetailsIt is reported that the Ukrainian cabinet of ministers has prolonged until the end of 2009 the MoU with the country’s mining and metallurgical companies, stipulating that the benefits will be granted if the companies reduce their prices for the domestic market to levels not higher than their export prices.According to the cabinet of ministers…
DetailsMetinvest announced that in the H1 2009 Ukrainian internal market of steel trading was characterized by consumption decrease, growing share of distributing company’s increase of retail sales from metal centers at general sales volume and greater market share of large traders.Mr Dmitriy Nikolayenko CEO of Metinvest-SMC at the annual Sales Conference, Steel and Rolled Products…
DetailsRusmet reported that Zaporozhstal is probably the only large steel works in the world working on open hearth furnaces while the others move to oxygen converter and electric arc furnaces.A move to new technologies means great investments but at Zaporozhstal do not remembered when was the last modernization. It is natural that products produce by…
DetailsUkrainian Journal reported that the outlook for Ukraine steel industry is improving, even though output could fall 20% to 24% in 2009.The signs that the industry decline slowing was first detected in May.The latest figures from the Industrial Policy Ministry suggest the decline has bottomed out, with roll production falling 34%YoY to 12.354 million tonnes…
DetailsUkrainian Journal cited Mr Vasyl Kharakhulakh director general of the Dnipropetrovsk based Metalurgprom industrial association as saying that daily metal production at Ukrainian steel mills grew in June and July and in August the upward trend has continued.He said that “Daily average cast iron production in July against June grew by 9,000 tonnes or 13.4%…
DetailsAccording to the Ukrainian association of metal producers Metallurgprom, in June to July 2009, Ukrainian steel producers gradually increased their average daily pig iron output and they are expected to continue this positive trend throughout August.In July, Ukraine’s average daily pig iron output increased by 13.4%MoM i.e. by 9,000 tonnes to 76,200 tonnes while in…
DetailsAccording to the statistics released by Ukrainian Metallurgprom, Ukrainian steel makers increased daily output of crude steel gradually from January to July and it is expected to remain increasing in August. Ukrainian total output of crude steel from January to July was 14.332 million tonnes which was decreased by 33.6%YoY as compared to the same…
DetailsMetinvest has announced that it developed unified packaging and marking standards for all the metallurgical enterprises of Metinvest Holding. It’s Steel and Rolled Products Division, Metinvest Holding LLC in Donetsk on June 17th to 19th 2009 and became one of the results of Project for Customer Orientation. Products packaging, orders tracking and customer informing are…
DetailsAccording to the Association of Ukrainian Ferroalloy Producers, Ukraine ferroalloy industry has started to see signs of recovery as in August after a sustained period of decline, the world ferroalloys market has registered its first signs of improvement, with average prices in Europe unexpectedly rising by more than EUR 100 per tonne from July level…
DetailsIt’s reported that due to strong demand from East Asia, CIS’s export price of rebar and wire rod for September delivery went up this week by around USD 50 per tonne separately to the level of USD 460 per tonne. Currently CIS’s prices, though increased, still USD 20 per tonne lower than Turkey offer which…
DetailsIt is reported that Ukrainian steelmaker ArcelorMittal Kriviy Rih a subsidiary of steel giant ArcelorMittal has stated that the construction of its new sinter producing plant with an annual production capacity of about 10.14 million tonnes may start in 2010. Accordingly, the construction of the new sinter producing plant is expected to be completed in…
DetailsUkrainian Journal quoting the State Statistics Committee has reported that industrial producer prices in Ukraine rose 0.7% in July. Prices have increased by 4.9% since the beginning of the year. According to the report, the mining industry’s products in July went down in price by 0.9% whereas prices in the processing industry grew by 0.4%.…
DetailsIt is reported that Ukraine has exported 0.97 million tonnes steel products to China in the H1 of this year up by 9000% from 0.011 million tonnes in the same period of last year. The huge price difference is analyzed to be the driver behind this export jump as the price of steel slabs is…
DetailsBloomberg reported that A1 an investment company that part of Russian billionaire Mr Mikhail Fridman Alfa Group may take control of OOO Estar Holding’s Donetsk steel mill in the Ukraine within days. Ms Irina Ramazanova spokeswoman for ZAO Donetsky Electrometallurgical Plant said A1 appointed three managers to run the mill. Kommersant reported the ownership of…
DetailsUkrainian Journal quoted Ukrtruboprom the Dnipropetrovsk based Ukrainian pipe producers’ association said steel pipe production in Ukraine plummeted 41.6%YoY to 886,200 tonnes in January to July. March output was 162,100 tonnes. The Metinvest holding’s Khartsyzsk Pipe Mill boosted output 110% in the seven months to 350,799 tonnes including 48,116 tons in July. (Ukrainian Journal) —————————————————–…
DetailsAccording to Mr Vladimir Vlasyuk director of the state monitoring and consulting company Ukrpromzovnishexpertyza, January to June this year, Ukraine saw a huge increase in its rolled steel product exports to China from 11,000 tonnes in the same period last year to 970,000 tonnes. Mr Vlasyuk said such an increase in the Ukrainian exports to…
DetailsUkrainian steel producer Ilyich Iron and Steel Works of Mariupol has announced that it intends to complete the reconstruction of its blast furnace No 5 in November of the current year. As a result of the reconstruction, the volume of the BF No 5 will increase from the current 2,300 cubic meters to 2,500 cubic…
DetailsThe Ukrainian iron ore and steel producer Metinvest Holding has announced that in July its subsidiary Khartsyzsk Pipe Works manufactured a total of 48,116 tonnes of large diameter pipes up by 10.5%MoM. In July KhPW continued production of 0 1,067mm 15.9mm and K55 720mm 8mm large diameter pipes with anticorrosive coating, and started production of…
DetailsRusmet reported that in the H1 of 2009, Ukrainian exports of steel pipes decreased by 31.7%YoY, semi finished steel product exports are down by 14.9%, exports of flat rolled and long steel plunged by about 40%while ferroalloy exports are down a whopping 59%. (Rusmet.ru)
Interfax-Ukraine cited Ms Tymoshenko prime minister of Ukraine as saying that Ukraine produced around 16% more steel in July than in June. Ms Tymoshenko said “We saw prices for Ukrainian semis and rolled products grow 15% to 30% in June to July. She said this was largely thanks to the government’s anti crisis program which…
DetailsUkrainian Journal reported that most of Ukraine steel majors again reduced finished roll production considerably in January to July 2009, although the decline in the industry seems to be slowing slightly. July data1. ArcelorMittal Kriviy Rih the country biggest steel mill reduced finished roll production tentatively by 35.5%YoY to 2.56 million tonne.2. Azovstal reduced roll…
DetailsKyivPost quoted the Industrial Policy Ministry as saying that Ukrainian steel industry reduced finished roll output 34%YoY in January to July to 14.579 million tonnes. Some other details are as under 1. Crude steel production down by 37% YoY to 16.277 million tonnes 2. Hot metal fell by 34% YoY to 14.332 million tonnes. 3.…
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