Business news from Ukraine

Business news from Ukraine

AZOVSTAL RAISES ROLLED PRODUCTS OUTPUT BY 17%

Azovstal Iron and Steel Works (Mariupol, Donetsk region), which is part of Metinvest Group, in January-March 2020 increased the production of rolled goods, according to recent data, by 16.7% compared to the same period in 2019, to 1.032 million tonnes.
As a representative of the enterprise told Interfax-Ukraine, over this period, steel production increased by 15.1%, to 1.119 million tonnes, cast iron by 20.2%, to 999,000 tonnes.
In March, Azovstal produced 333,000 tonnes of rolled steel, some 343,000 tonnes of steel and some 310,000 tonnes of cast iron.
As reported, in 2019, Azovstal reduced total rolled goods production by 3.2% compared to 2018, to 3.753 million tonnes, steel production by 1.6%, to 4.016 million tonnes, cast iron output by 6.3%, to 3.475 million tonnes.
The enterprise is part of Metinvest Group, the main shareholders of which are SCM Group (71.24%) and Smart-Holding (23.76%), jointly managing the company.
Metinvest Holding LLC is the managing company of Metinvest Group.

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UKRAINE CUTS PIPE OUTPUT IN NINE MONTHS

Ukrainian enterprises reduced steel pipe production 4.4% year-on-year in January-September, to 806,700 tonnes.
The country produced 69,300 tonnes of pipes in September, compared with 75,800 tonnes in August, the Ukrtruboprom association told Interfax-Ukraine.
Khartsyzsk Pipe Mill in Donetsk region idled, as it did in 2018.
Interpipe Nyzhniodniprovsky Pipe Rolling Plant reduced output 16.7% year-on-year in January-September, to 182,200 tonnes, including 12,800 tonnes in September, Interpipe Novomoskovsk Pipe Plant produced 86,300 tonnes, up 1.4%, including 9,800 tonnes in September, and Interpipe Niko Tube raised production by 1.45% to 280,600 tonnes, including 19,700 tonnes in September.
Kominmet pipe mill reduced output 12.5%, to 111,600 tonnes in the nine months, including 14,100 tonnes in September, Centravis raised stainless steel pipe production 10.8%, to 15,700 tonnes, including 1,900 tonnes in September, production rose 4.4% to 111,700 tonnes including 9,900 tonnes in September at Illich Iron & Steel Works in Mariupol, it jumped 35.8%, to 16,700 tonnes, including 1,000 tonnes in September, at Dnipropetrovsk Pipe Mill, and fell 9.1% at Trubostal, to 2,000 tonnes, including 200 tonnes in September.
Ukrainian pipe production fell 0.5%, to 848,000 in 2016 but it had risen ever since, growing 5.2% in 2018, to 1.103 million tonnes.

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