It is reported that the Ukrainian iron ore and steel producer Metinvest Holding has announced that in October this year its subsidiary Khartsyzsk Pipe Works manufactured a total of 30,656 tons of large diameter pipes down by 76% MoM.During the month in question, KhPW continued the production of LD pipes with internal and external anticorrosive…
DetailsSteel industry is one of the most power-intensive branches, particularly in terms of natural gas and coke consumption. Both can be substituted for domestically produced coal, namely pulverized coal.In 2009 the facility of pulverized coal injection was brought into operation at blast furnaces No 1 & 5 at Alchevsk Iron and Steel Works in Alchevsk,…
DetailsInterfax-Ukraine reported that Ukraine steel industry reduced finished roll output 23% YoY in January to October to 21.708 million tons.The industry cut roll output 34% YoY in January to July, 30% in January to August and 27% in January to September, so the latest figures indicate that the severe decline in the industry is still…
DetailsThe Ukrainian pipe and railway wheel producer Interpipe Corporation has announced that it has delivered electric welded pipes of 426 mm diameter for the construction of an underwater gas pipeline in the bay of Sevastopol, Ukraine.The overall accumulative length of the pipes used in the gas pipeline construction will reach 5 kilometers. The pipe shipment…
DetailsAccording to Mr. Sergey Grischenko, Deputy Minister of Ukraine, as he announced during the plenary session of Ukrainian part of the inter-governmental Ukrainian-Chinese commission on industrial and trade cooperation, Ukrainian metallurgical enterprises in January to August this year supplied 1.7 million tons of rolled steel to China whereas in the same period of last year…
DetailsAccording to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company, during January to September 2009 Ukraine imports of steel products registered a decline of 64.4% YoY to 527,900 tons.Accordingly, during the period in question, the biggest decreases YoY in imports in the Ukrainian steel market were registered by shaped sections; imports…
DetailsAccording to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to September 2009 Ukraine steel market was down by 41.1% YoY to about 4.165 million tons.During the period in question, the share of imports in the domestic market decreased from 20% YoY to 12% YoY amounting to 527,900 tons…
DetailsAccording to Mr. Sergey Grishchenko, Ukrainian deputy minister of industrial policy, Ukraine expects in November this year to maintain its output of crude steel at the October level.Mr. Grishchenko said over the first 23 days of October Ukraine average daily crude steel output reached 90,000 tons. He said that “Thus, we can already say that…
DetailsAccording to the data issued by the Ukrainian Metal Traders Association, in January to September 2009 the country rolled steel consumption was down by 45.4% YoY to approximately 3.695 million tons. Meanwhile, during the period in question, imports of rolled products to Ukraine went down by 70.7% YoY to 463,904 tons.Accordingly, in January to September…
DetailsMr. Boiko, CEO of Mariupol Ilyich Iron and Steel Works, in an interview with Radio “Liberty” said that the situation in the Ukrainian steel industry will become worse in the next four months. He told that “The reason is an increase in production in the previous few months which has not been supported by a…
DetailsIn the H1 of 2009 57 million UAH were invested in the PCI project at Zaporizhstal. Before the year is out, it is planned to invest about another 100 million UAH. Cold commissioning of the PCI plant is planned for December.Introduction of the PCI plant will take place step by step. Mastering of the plant…
DetailsKyiv Post reported that Mr. Sergiy Tigipko, a well known Ukrainian banker who has announced his intention to run for the presidency, believes that the global steel market has begun to revive and Ukrainian steelmakers should be prepared for this. He said that “The global steel market began to revive more quickly than expected. This…
DetailsThe Ukrainian mining and steel producing company Metinvest Holding has announced that in September this year it delivered to the Ukrainian domestic market as well as to CIS countries about 140,000 tons of shaped sections, long and flat-rolled steel products, up by 18.5% YoY. Accordingly, during the period in question Metinvest’s deliveries to the Ukrainian…
DetailsIt is reported that Canadian authorities decided to cut AD duty for Ukrainian rolled metal in 3 times after completion of the antidumping investigation.The duty for the rolled metal produced by Azovstal will be set at 14.7% and the duty for other Ukrainian steelmakers’ products at 20.2%. As per report despite the fact that prices…
DetailsFitch Ratings has assigned Ukraine based PJSC Azovstal Iron and Steel Works Long term foreign and local currency Issuer Default Ratings of ‘B’ and Short term foreign and local currency IDR of ‘B’. The Outlook on the Long term foreign currency IDR is Negative whilst that on the Long term local currency IDR is Stable.…
DetailsIt is reported that the Canada Border Services Agency has made its preliminary determination of the dumping investigation, pursuant to the Special Import Measures Act with respect to certain carbon steel plate and high strength low alloy steel plate originating in or exported from Ukraine.According to the preliminary determination, provisional duties are payable on the…
DetailsUkraine top steel mill owned by ArcelorMittal cut its raw steel production in January to September 2009 to 3.520 million tons, 35.7 tons lower than in the same period the previous year.The rolled steel production fell to 3.221 million tons in January to September 2009 from 4.663 million, while pig iron output fell to 3.088…
DetailsIt is reported that the major Ukrainian steelmakers have released their preliminary production results for the first nine months of 2009.1. Ilyich Iron and Steel Works of Mariupol reduced its finished steel product output by 38% and its pipe production by 62.5% YoY to 2.23 million tons and 26,800 tons respectively. Ilyich crude steel production…
DetailsMetinvest SevGOK has commissioned a hydraulic excavator. This is the first hydraulic excavator at Severniy GOK for its history. The excavator has been procured within the framework of the strategic program aimed at improving performance efficiency of Metinvest mining enterprises. Price of the excavator is USD 5.75 million. According to the enterprise specialists, HITACHI 3600hydraulic…
DetailsAccording to the information issued by the Ukrainian Ministry of Economy, up to October 1st this year Ukraine utilized 22.04% of its annual quota for rebars export to Russia and 45.74% of its new annual quota for cold rolled steel exports to the same destination, supplying a total of 80,002 tonnes and 96,057 tonnes respectively.…
DetailsIt is reported that Ukraine steel industry reduced finished roll output 27%YoY in January to September to 19.306 million tonnes. The industry cut roll output 34%YoY in January to July and 30% in January to August, so the latest figures indicate that the severe decline in the industry is still slowing. Crude steel production plummeted…
DetailsUkrainian Journal reported that Ukraine’s Yenakievo Iron and Steel Works one of the world’s largest producers of steel billets signed a Joint Implementation Project deal under the Kyoto Protocol with ING Bank seeking to reduce emissions of greenhouse gas. According to preliminary estimates, the project will help the company to reduce GHG emissions into the…
DetailsIt is reported that the Supreme Economic Court of Ukraine has approved the decisions of the courts of first and second instance for the legal collection of about of UAH 205.59 million from the Ukrainian steelmaker ArcelorMittal Kriviy Rih in favor of ferroalloys producer Zaporozhye Ferro Alloys Plant. As SteelOrbis has previously reported, the amount…
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