The Ukrainian steelmaker ArcelorMittal Kriviy Rih announced that its refusal to prolong a contract for ferroalloy deliveries in the context of its reduced production rates has led its main ferroalloys supplier Zaporozhye Ferro Alloys Plant to take an action for the legal collection of about UAH 205.59 million from the company for pre payment for…
DetailsIt is reported that Ukrainian steelmaker ArcelorMittal Kriviy Rih plans to start the deliveries of B450C reinforcement bars of 8mm to 32 mm in diameter to the Italian market.As per report, ArcelorMittal Kriviy Rih has successfully passed the homologation of the Italian standard and got a right to supply products to Italy over five years…
DetailsUkrainian News reported that the Antimonopoly Committee of Ukraine fined the ArcelorMittal Kriviy Rih ore mining and metallurgical works UAH 50,000 and the Dneprospetsstal metallurgical works UAH 18,000 for breaking rules of furnishing of information.According to the report, the Committee fined ArcelorMittal Kriviy Rih for failure to present information at the committee’s request within the…
DetailsAzovstal Steel Plant operating under umbrella of Metinvest Group increased production performance indicators of pig iron and steel in July 2009 production of pig iron made 370,500 tonnes and production of steel 426,900 tonnes.There was a small increase in production of rolled steel 357,000 tonnes in July which is 15,700 tonnes more than in June.In…
DetailsKyiv Post reported that Ukraine economy showed some signs of improvement in July, largely due to a jump in production in the key steel sector, with the ex-Soviet state now hopeful of growing next year after one of Europe’s worst recessions.Data issued on Monday showed industrial output rose 5%MoM including a record 15% jump in…
DetailsThe Ukrainian pipe and railway wheel producer Interpipe Corporation has announced that it has successfully tested Q125 grade casing pipes with the Ukrainian Premium Joint connection at its Dnepropetrovsk based subsidiary Interpipe NTRP.The UPJ connection has been developed by the Interpipe and is used for equipping horizontal and inclined wells. Compression of the premium joint…
DetailsIt 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…
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