Business news from Ukraine

Business news from Ukraine

UKRAINIAN SCRAP METAL MARKET EXPANDS BY 6.5%, SCRAP METAL IMPORTS GROWS BY 12.5% IN JAN-NOV

Ukrainian enterprises in January-November 2018 boosted scrap metal consumption by 6.51% year-over-year, to 4.976 million tonnes.
According to a report of the Ukrmetallurgprom association issued on Wednesday, over the period 1.346 million tonnes of scrap metal was imported (a rise of 12.54% year-over-year), or 27.1% of the total market.
The share of flat scrap was 50.82% and the share of long scrap was 46.04%, and a year ago the figures were 56.86% and 41.64% respectively.
According to the Ukrmetallurgprom, in January-November 2018 Ukrainian enterprise produced 16.84 million tonnes of rolled steel (101% of the figure seen a year ago, taking into account operations of facilities on the government uncontrolled areas in January-February 2017, or 103% without them). Some 13.21 million tonnes (78.4%) was exported. The share of exports a year ago was 79.7% (13.35 million tonnes with total production of 16.74 million tonnes).
The share of semi-fabricated products of exports in January-November 2018 was 43.68% (42.25% a year ago). The share of flat rolled steel of total exports was 34.85% (34.11%), and the share of long rolled steel was 21.47% (23.64%).
The main export markets of Ukrainian metal products over the period, according to state-owned enterprise Information-Analytic Agency (StateAnalitInform), are the countries of the European Union (34%), Africa (16.6%), other European countries, including Turkey (13.1%) and the Middle East (10.7%).
Among the metallurgical importers in January-November 2018, the CIS countries (52.7%) are on the first position, on the second are the countries of Asia (20.5%), and on the third – the EU (17.7%).

, ,

UKRAINE TO RAISE STEEL OUTPUT BY ABOUT 6% IN SEPT, SCRAP PROCUREMENT 7% UP

Ukrainian metallurgical enterprises intend to increase steel production by 5.6% in September 2018 in comparison with the planned figures for August, to 1.9 million tonnes from 1.8 million tonnes.
According to information from the Ukrmetalurgprom association, the plan for September also envisages the increase in total rolled steel production by 6.3%, to 1.7 million tonnes from 1.6 million tonnes, pig iron by 5.6%, to 1.9 million tonnes from 1.8 million tonnes.
According to the union, in July cast iron production stood at 1.77 million tonnes (108% from June 2018), that of steel some 1.82 million tonnes (106%), and rolled goods some 1.5 million tonnes (99%).
Ukraine in January-July 2018 produced iron ore concentrate in the amount of 35.28 million tonnes (99.7% against the same period in 2017), sinter some 18.13 million tonnes (106%), pellets some 12.55 million tonnes (110%), gross coke (6% moisture) some 6.31 million tonnes (106%), pig iron some 11.9 million tonnes (109% taking into account the work of enterprises in the uncontrolled area in January-February 2017, 114% excluding them), steel some 12.2 million tonnes (103% and 106% respectively), rolled products some 10.75 million tonnes (105% and 110% respectively), and pipes some 647,000 tonnes (108%).
The report says despite the loss of part of the capacity in the uncontrolled territory, in 2018 compared to the same period in 2017 there was an increase in production of the main types of goods.
“This became possible due to the stabilization of providing the enterprises with iron ore and coke, as well as the commissioning of blast furnace No. 3 at Zaporizhstal after reconstruction,” the report reads.

,