According to media reports, the owners of one of the largest Ukrainian steelmakers, Zaporizhstal, have intensified talks to sell their metals and mining assets. The Ukrainian mining and steel producing company Metinvest Holding, the world’s largest steelmaker ArcelorMittal, as well as Russian steel producers Metalloinvest and NLMK are considered among the potential buyers of Zaporizhstal.…
DetailsAccording to the preliminary data issued by the Ministry of Industrial Policy of Ukraine, in Q1 2010 Ukraine finished steel product output was up by 8% YoY to 6.755 million tonnes and there was a 16% rise in its crude steel output to 8.064 million tons.In the first three months of 2010 Ukraine saw an…
DetailsAccording to the data for the first two months of 2010, Ukrainian exports of steel pipes decreased by 18.7% YoY to 145,620 tons and its semi-finished steel product exports dropped by 17.1% YoY to 1.54 million tons.In January to February this year, the country exports of flat rolled steel increased by 9.6% YoY to 1.011…
DetailsIt is reported that government of Ukraine act No 211 dated March 1st bans a rent, leasing or concession of any assets of Titanium of Ukraine Co. The act is published on the official website of Verkhovna Rada.The government also included the company into the list of companies which are not recommended for privatization.The state-owned…
DetailsIt is reported that the price rally continued this week and most of products added up to $100 per ton bringing back the memories of first half of 2008.Most CIS billets producers had in mind a price idea of $540 per ton to $550 per ton FOB Black Sea when the week started but even…
DetailsIt is reported that Dneprovsky Iron and Steel Works named after F. Dzerzhinsky, a subsidiary of the Ukrainian steelmaker Industrial Union of Donbass, plans in late April to start the capital repairs of its blast furnace No 9 and of its continuous billet caster No 1.During the capital repairs DMKD will replace the units’ main…
DetailsIt is reported that the reduction of ferrous scrap export from Ukraine in February 2010 is 23.2% in comparison to February 2009, to 13.71 thousand tons. The revenue from overseas shipment drops by 41% to $4.47 million.In two months period of 2010 compared to that of 2009 ferrous scrap export increased by 36.5% and amounted…
DetailsIt is reported that steelmaking companies in Russia and Ukraine increase their export prices for HRC and CRC of April production. The reason is problems with raw materials supplies and their high prices.The growth for hot-rolled coils made $40 per ton. Hot-rolled coils of April production are sold for export at $605 per ton to…
DetailsFor the first time in the history of Ukrainian industry the Yenakievo Iron and Steel Works (EMZ), part of the Metinvest Group, commenced installation of the bell-less charging device for new Blast Furnace 3.The BCD enables reducing coke consumption rate by 10 kilogram per ton to 15 kilogram per ton of cast iron, and energy…
DetailsIt is reported that 2 major Italian buyers of slabs have finally booked slabs from Ukrainian mills at $560 FOB Black Sea.As per market information, these deals were followed by London-based trading house, who also booked at similar levels.Considering freight component of $25 per ton, costs of slabs CFR FO Italy works out to $685…
DetailsSiemens VAI Metals Technologies has received an order from the Electrometallurgical works Dneprospetsstal named after A. N. Kuzmin, Zaporozhye, the Ukrainian special steel manufacturer to supply a new electric arc furnace, complete with water treatment plant for its No. 3 steel works. This modernization project will increase the steel works’ production capacity to 540,000 tons…
DetailsIt is reported that Ukrainian Mills woke up in bullish mood on Monday morning and hiked their offers further for Europe.Billets – $580 per ton FOB ST Black Sea.Pig iron – $535 per ton CFR FO Italian port.HRC – $635 per ton FOB ST Black Sea.HRP – $700 per ton base CFR FO Italian port.Slab…
DetailsAccording to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to February this year Ukraine consumed 764,100 tons of rolled steel products up by 21.8% YoY. In February 2010 Ukrainian consumption of rolled steel products increased by 2.5% compared to January and by 14% compared to February last year.In…
DetailsIn accordance with US Department of Commerce, Bureau of the Census data, in January 2010 US imported 326,000 tons of pig iron, up by 14.6% compared to December 2009. However, compared to January 2009, it is down by 25.2%. January 2009 level was the maximum monthly figure that year.The major suppliers of pig iron to…
DetailsIt is reported that Cyprus-based company Daveze Limited has acquired a 100% stake in Ukraine’s Donetsk Electrometallurgical Plant, the mini-mill previously known as ISTIL.Accordingly, the Cypriot company has bought 392,767,872 shares representing 100% of the company authorized capital. The financial details of the deal have not been disclosed.In August 2009 the management of Donetsk Electrometallurgical…
DetailsIt is reported that between March 12th and 15th price of billets from Ukrainian suppliers has taken more than $20 per ton, jumping from a sale price of $550 per ton CFR FO one main Italian port to $570 per ton.Considering freight component of $30-35 per ton for orders of 5,000 tons each, the selling…
DetailsIt is reported that Ukrainian steel imports totaled 176,500 tons, three times that of the same period last year.During the first two months of this year:– square billet imports accounted for 30.1% in total, up by 22.8% YoY,– hot-rolled coil accounted for 27.9%, up by 12.1% YoY,– round steel accounted for 10.9%, up by 7%…
DetailsMr. Jean Jouet, CEO of ArcelorMittal Kriviy Rih, said that the company plans in 2010 to increase its steel product output by about 22.6% YoY to 5.5 million tons.According to the sale and purchase agreement signed with the State Property Fund of Ukraine in 2005, the company undertook to produce at least 6 million tons…
DetailsAccording to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in the first two months of 2010 Ukrainian imports of steel products amounted to about 176,500 tons, almost triple the volume for the same period last year. UGMK noted that in January to February the share of tubular billets in…
DetailsThe Ukrainian flat steel producer Mariupol Ilyich Iron and Steel Works has announced the recommissioning of its open hearth furnace No 3 following capital repairs. The open hearth furnace No 3 was stopped in March 2008 mainly due to technical and technological reasons added to the effects of the global economic crisis, with some of the…
DetailsThe Ukrainian pipe and railway wheel producer Interpipe Corporation has announced that in March this year it will supply 1,400 tons of pipes for the construction of terminal D at Ukraine’s Boryspil international airport in Kiev.Mr. Oleg Kuzmin, Interpipe director for corporate affairs, said “The construction of terminal D is one of the projects being…
DetailsIt is reported that in January to February Dneprospetsstal increased rolled steel production in comparison to the related period of the previous year by 40.7% to 38000 tons. In February it produced 19000 tons of finished steel.In 2009 Dneprospetsstal reduced its production in comparison with 2008: crude steel down by 46.2% to 260,000 tons, rolled…
DetailsProduction of other major products at the works in January to February dropped as well, pig iron by 8.6% to 423,000 tons, crude steel down by 11.7% to 492,000 tons, sinter by 11.5% to 737,000 tons.In 2009 in comparison with 2008 the reduction of production at Zaporizhstal was as follows: sinter by 12.2% to 4.759…
DetailsAccording to the data issued by the Ukrainian Association of Metal Traders, in January to February Ukraine steel trading companies increased their steel product purchases by 3.9% YoY to 164,775 tons including 151,363 tons from local mills and 13,412 tons of imports.The main domestic suppliers of steel products to Ukrainian trading companies were ArcelorMittal Kriviy…
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