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…

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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…

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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…

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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…

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Ukraine increased imports and exports of steel products in January-October 2011

According 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…

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Ukrainian semi-finished steel exports declined in January to October 2011

According 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…

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October 2011

UKRAINE&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:…

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ArcelorMittal Kriviy Rih steel output in October falls by 5.9% YoY

ArcelorMittal’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…

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