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…
DetailsAccording 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…
DetailsUkrainian 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’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…
DetailsUKRAINE&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…
DetailsIn the first 10 months of the current year Ukraine registered a 35.6% increase YoY in its steel pipe exports to 1.368 million tons. In October alone Ukraine’s steel pipe exports went up by 41.9% compared to September to 131,850 tons.On the other hand, in the January to October period Ukrainian imports of steel pipes…
DetailsInterpipe has launched two new production floors for scrap processing at Dnepropetrovsk Vtormet. These facilities are equipped with a shearing press, produced by AKROS, and scrap re-loaders, made by Sennebogen. The production capacity of one floor is 16 to 30 tons of scrap per hour.Commissioning of these new facilities is a part of the company…
DetailsMetinvest, an international vertically integrated mining and steel group of companies, keeps on expanding its distribution network within strategy and tasks targeted on timely and successful fulfillment of clients’ demands. Metinvest SMC has opened a new metal center in Lviv. The new and only company metal center will allow becoming closer to the end customers…
DetailsImporters of steel pipes to Ukraine used 78% of their annual quota (up to the end of September 2012) for imports of steel seamless casing and tubing with diameters up to 406.4 mm.For the period from October 1, 2011 to September 30, 2012 the quota in question is 16,753 tons. Of this figure, the unused…
DetailsAccording to the preliminary data, in the January-November period of the current year Ukraine registered an increase of 5.3% YoY in its finished steel product output to 27.952 million tons, a 7% increase in its crude steel output to 31.928 million tons and a 6.2% rise in its pig iron production to 26.504 million tons.The…
DetailsIn the first 10 months of 2011 Ukraine’s steel scrap exports decreased by 21.8% YoY to 674,000 tons. In October alone Ukraine’s scrap exports decreased by 11% compared to September to 91,300 tons.In the first 10 months of the current year Ukraine’s scrap imports increased 13.5 times compared to January to October 2010 to 104,200…
DetailsIn January to October period of the current year Ukraine registered a 13.7% increase YoY in its long steel product imports to 356,300 tons. In October alone Ukraine’s long steel product imports increased by 28.9% compared to September to 52,200 tons.In the given period Ukrainian exports of long steel products decreased by 0.2% compared to…
DetailsAccording to the data, released by the metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to October 2011 Ukraine’s exports of steel products rose by 0.5% YoY to 19.872 million tons. In October alone Ukraine’s steel product exports decreased by 3.5% compared to September to 1.782 million tons.In the first 10 months of…
DetailsAccording to the data, released by the metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to October of the current year Ukrainian exports of semi-finished steel products decreased by 8.3% YoY to 8.746 million tons.In the January to October Ukraine exported 4.760 million tons of steel slabs, up by 2.5%, while exports of…
DetailsUKRAINE&RUSSIA: STEEL-MAKING PIG IRON UKRAINE&RUSSIA: FOUNDRY PIG IRON UKRAINE&RUSSIA: ROUND BILLETS Month Ukrainian market, $/t, $1/UAH7.9723* min max September 681.24 979.89 October 681.24 979.89 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.11 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal) UKRAINE&RUSSIA:…
DetailsUkrainian steel sector is planning to produce 3.02 million tons of steel in December, essentially the same production volume as the two previous months. With such results, the industry will post a 35.1 million tons of steel output in 2011, or a 7% YoY increase. Industry association Metallurgprom is forecasting a 36.5 million tons of…
DetailsMetinvest, the largest Ukrainian vertically integrated steel and mining group, reported on November 11 that it upped steel output to 10.98 million tons in nine months of 2011, equating to a 78% YoY increase.The primary driver for the latter was the acquisition of the Mariupol Ilyich Iron and Steel Works and its finalized integration with…
DetailsArcelorMittal’s Ukrainian unit said steel production fell by 5.9% in October from the same month a year ago as the mill continued to upgrade, necessitating the stopping of some equipment.ArcelorMittal Kriviy Rih said that output declined to 527,900 tons from 560,800 tons.According to the statement, steel production declined to 4.6 million tons in the first…
DetailsIt is reported that a $700 million Greenfield investment by billionaire Mr. Viktor Pinchuk will soon bring Ukraine, already one of the world’s top 10 metals producers, its first brand new steel mill of significant size since Soviet times.Company officials said that cold testing of equipment in idle operation had already started at the Dniepropetrovsk-based…
DetailsDonetsk Electrometallurgical Plant (DEMZ), which is part of the Mechel group, boosted finished roll output by 43.4% YoY in January to October to 839,000 tons.Steel output increased by 36.8% to 858,000 tons. The plant produced 91,000 tons of roll and 92,000 tons of steel in October.DEMZ received 93,000 tons of scrap metal in October instead…
DetailsIn the first nine months of the current year Ukraine’s scrap exports decreased by 10.2% YoY to 582,610 tons. In September Ukraine’s scrap exports increased by 49.6% compared to August to 102,560 tons.In the first nine months of the current year Ukraine’s scrap imports increased by 40.3 times compared to January to September 2010 to…
DetailsUkraine increased production of pig iron, steel and rolled products by 6-10% YoY in the first 10 months of 2011 and boosted pipe output by 34%, but reduced production of iron ore pellets by 2%.A representative of the Industrial Policy Ministry said, production in the 10 months rose by 10% to 25.394 million tons of…
DetailsImporters of steel pipes to Ukraine used 77.71% of their annual quota (up to the end of September 2012) for imports of steel seamless casing and tubing with diameters up to 406.4 mm.For the period from October 1 2011 to September 30 2012, the quota in question is 16,753 tons. Of this figure, the unused…
DetailsAccording to the preliminary data, in the first 10 months of the current year Ukraine registered a growth of 6% YoY in its finished steel product output to 25.410 million tons, an increase by 7.7% in its crude steel output to 29.054 million tons and a 6.4% rise in its pig iron production to 24.083…
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