Business news from Ukraine

Business news from Ukraine

“Zaporizhstal” increased shipment of rolled steel by 1.8% and steel production by 10.5%

Zaporizhstal steelmaker Zaporizhstal in January-June this year increased shipment of rolled steel by 1.8% compared to the same period of the last year – up to 844.2 thousand tons.
According to the company, smelting steel during this period rose by 10.5% to 1 million 18.9 thousand tons, and iron – by 1.1%, to 1 million 145.8 thousand tons.
In June 2023, Zaporizhstal produced 131.9 thousand tons of cast iron (in June 2022 – 72.8 thousand tons), 159.4 thousand tons of steel (69.6 thousand tons), shipped 199.1 thousand tons of rolled steel (146.9 thousand tons).
“The increase in production levels in June 2023 compared to the same period last year was due to the withdrawal of blast furnace No. 2 from hot preservation mode and the adjustment of the operating mode of three blast furnaces,” the press release explains.
At the same time, production went down in May. Thus, in the previous month was produced 229.6 thousand tons of iron, 213.3 thousand tons of steel, but the shipment of steel was lower – 180.5 thousand tons.
It’s worth mentioning that due to intensified military operations in the region, since the beginning of March 2022 Metinvest Group has put some of Zaporizhstal’s equipment into hot standby. At the end of March of the same year the plant partially resumed cold-rolling shop operation for production and shipment of cold-rolled coils to European consumers. A month after the forced shutdown the mill put the equipment out of conservation and partially resumed production. Since April 2022 the mill has been working at an average of 50% capacity.
As it was reported, in 2022 “Zaporizhstal” decreased the output of rolled steel by 60.4% compared to 2021 – down to 1 million 304.3 thousand tons, steel – by 61.7% to 1 million 491.3 thousand tons, iron – by 54.3%, to 2 million 9.9 thousand tons.
“Zaporizhstal” is one of the biggest industrial enterprises in Ukraine, which products are in great demand among the consumers on the internal market and in many countries of the world. The plant specializes in high-quality carbon and low-alloy steel coils, hot-rolled plates, cold-rolled sheets, cold-rolled coils, as well as steel straps, tin plates, formed sections.
Main consumers are producers of welded pipes, enterprises of automotive, transport, agricultural engineering, producers of household appliances.
“Zaporizhstal is currently in the process of integration into Metinvest Group the main shareholders of which are CJSC “System Capital Management” (71.24%) and Smart Holding group of companies (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.

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“Metinvest” cuts steel production by 75% in January-March

“Metinvest in January-March of this year reduced steel production by 75% compared to the same period last year – to 491 thousand tons, according to a press release from the parent company Metinvest B.V. on Friday evening.
According to it, pig iron production was also down 75% to 448,000 tons, coke production was down 59% to 318,000 tons, but merchant coke production was up 1% to 213,000 tons.
It is specified that this year the steel and iron smelting was carried out on “Kametstal”. In connection with the beginning of a large-scale military aggression by the Russian Federation against Ukraine, on February 24, 2022, Metinvest decided to suspend the production activities of a number of its enterprises in Mariupol, Avdiivka and Zaporizhia, including Azovstal, Illich Iron and Steel, Avdiivka Coke and Zaporizka Coke. Later, the group’s Zaporizhia companies resumed production. In turn, the assets of the group’s enterprises in Mariupol and Avdyivka suffered as a result of hostilities, while Mariupol is currently under temporary occupation.
It is also reported that the Ukrainian enterprises of the group, except for those located in Mariupol and Avdeevka, continue to operate at different levels of utilization, taking into account security factors, availability of electricity supply, as well as logistical and economic factors
In Q1 2023 iron production increased by 66% q-o-q mainly due to an increase in operating hours of both blast furnaces at MK Kametstal after the plant’s emergency shutdown due to lack of power supply in late November, with gradual resumption in December, as well as stabilization of the situation with power supply since late January. As a result, steel production increased by 96% q-o-q.
Q1 2023 iron and steel production figures are 75% lower than in the same period last year due to the shutdown of the Mariupol mills from the end of February 2022, as well as the transition to operating two blast furnaces instead of three at Kametstal.
In the 1st quarter of 2023 the production of commercial semi-finished products amounted to 282 thousand tons, which is twice as much as in the previous quarter due to the increase of liquid iron production, but 46% less than the same period last year due to the absence of production at the Mariupol blast furnaces from the end of February 2022.
In January-March 2023, the output of finished products increased by 28% quarter-on-quarter to 547 thnd mt. Production of flat products was up by 67,000 tonnes to 285,000 tonnes, mainly due to an increased order book for hot-rolled plates at rolling mills in Italy and the UK; production of long products was up by 53,000 tonnes to 262,000 tonnes due to higher steel production on the back of stabilized electricity supply at Kametstal.
In Q1 2023 production of finished products decreased by 63% compared to the same period of 2022, as flat products output decreased by 828 thousand tonnes – due to the shutdown of Mariupol integrated works from late February 2022, as well as due to the change in order book in favor of hot-rolled thick plates at Ferriera Valsider in Italy. In addition, production of long products decreased by 66 thousand tonnes – mainly as a result of production stoppages at Azovstal from the end of February 2022 and lower finished products output at Kametstal against the background of unstable electricity supplies compared to the same period last year.
There was no production of rail and pipe products, as the products were produced at the Mariupol mills.
In Q1 2023 coke output increased by 12% quarter-on-quarter, the main reason being the resumption of coke production at Kametstal after an emergency shutdown due to a lack of power supply in late November 2022. At the same time, coke output in this period decreased by 59% compared to 1Q2022 due to stoppage of production at Azovstal and AVDKHZ from the end of February 2022.
As previously reported, Metinvest in 2022 decreased steel output by 69% YoY to 2.918 million tons, iron output by 72% to 2.743 million tons, coke output by 64%, to 1.653 million tons, including marketable coke by 49%, to 811 thousand tons.
“Metinvest consists of mining and metallurgical enterprises in Ukraine, Europe and the USA.
The major shareholders of Metinvest are SCM Group (71.24%) and Smart Holding (23.76%) that jointly manage the company.
Metinvest Holding LLC is the management company of Metinvest group.

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Ukrainian steelmakers reduce steel production 6.5 times

Metallurgical enterprises in Ukraine in January this year reduced steel production 6.5 times compared to the same period in 2022 – to 284 thousand tons from 1.851 in January-2022, but increased smelting compared to December-2022, when 106 thousand tons were smelted.
As a result, Ukraine took 34th place in the ranking of 64 major global producers of these products, compiled by the Worldsteel Association (Worldsteel), while in December it was 38th.
According to Worldsteel, in January-2023 there was a decline in steelmaking against January-2022 in most of the top ten countries, except China and Iran.
The top ten steel-producing countries in January are as follows: China (79.450 million tons, up 2.3% over January-2022), India (10.930 million tons, down 0.2%), Japan (7.222 million tons, down 6.9%), USA (6.497 million tons, down 6.8%), Russia (5.750 million tons, down 8.9%), South Korea (5.477 million tons, minus 9.8%), Germany (2.925 million tons, minus 10.2%), Brazil (2.783 million tons, minus 4.9%), Iran (2.7 million tons, up 27.7%) and Turkey (2.605 million tons, down 17.6%).
Overall, global steelmaking fell 3.3% to 145.252 million tons in January 2023 from the same period in 2022, compared to a 10.8% decline in December 2022, with an absolute figure of 140.695 million tons.
The country produced 313 thousand tons of steel in November 2022, 318 thousand tons in October, 340 thousand tons in September, 366 thousand tons in August, 281 thousand tons in July, 295 thousand tons in June, 308 thousand tons in May, 281 thousand tons in April, 200 thousand tons in March, 1.374 million tons in February and 1.851 million tons in January.
As reported, metallurgical enterprises in Ukraine reduced steel production in December last year by 16.4 times, or 93.9%, compared to the same period in 2021 – up to 106 thousand tons.
For the 12 months of 2022, the top ten steel producing countries were as follows: China (1.013 billion tons, down 2.1%), India (124.720 million tons, up 5.5%), Japan (89.235 million tons, down 7.4%), USA (80.715 million tons, “minus” 5.9%), Russia (71.5 million tons, down 7.2%), South Korea (65.865 mt, minus 6.5%), Germany (36.849 mt, minus 8.4%), Turkey (35.134 mt, down 12.9%), Brazil (33.972 mt, down 5.8%) and Iran (30.593 mt, up 8%).
Ukraine in 12 months of 2022 was in 23rd place with the melting of 6.263 million tons of steel (“minus” 70.7%).
In total, 64 countries produced 1 billion 831.467 million tons of steel in 2022, which is 4.3% less than in 2021.

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Ukraine reduced steel production 16.4 times

Steelmakers in Ukraine last December have reduced steel production in 16.4 times, or 93.9%, compared to the same period in 2021 – up to 106 thousand tons, ranking 38th in the ranking of 64 countries-major global producers of these products, according to the Worldsteel Association (Worldsteel).
According to Worldsteel, in December-2022 there was a decline in steel production against December-2021 in most of the top ten countries, except India and Iran.
The top ten steel-producing countries in December are as follows: China (77.890 million tons, down 9.8% from December-2021), India (10.569 million tons, up 0.8%), Japan (6.899 million tons, “minus” 13.1%), USA (6.510 million tons, down 8.3%), Russia (5.5 million tons, “minus” 11.3%) South Korea (5.249 mt, minus 11.6%), Germany (2.693 mt, minus 14.6%), Iran (2.650 mt, up 3.3%), Turkey (2.659 mt, minus 20%) and Brazil (2.505 mt, minus 5.2%).
Ukraine in December, is on the 38th position with 106 thousand tons of steel (down 93.9% against December 2021). The country produced 313 thousand tons of steel in November 2022, in October – 318 thousand tons, in September – 340 thousand tons, August – 366 thousand tons of steel, July – 281 thousand tons, June – 295 thousand tons, May – 308 thousand tons, April – 281 thousand tons, March – 200 thousand tons, February – 1.374 million tons, January – 1.851 million tons.
Overall, in December 2022, global steel production decreased by 10.8% over the same period in 2021 – to 140.695 million tons.
For the 12 months of 2022, the top ten steel producing countries are as follows: China (1.013 billion tons, down 2.1%), India (124.720 million tons, up 5.5%), Japan (89.235 million tons, down 7.4%), USA (80.715 million tons, “minus” 5.9%), Russia (71.5 million tons, down 7.2%), South Korea (65.865 mt, minus 6.5%), Germany (36.849 mt, minus 8.4%), Turkey (35.134 mt, down 12.9%), Brazil (33.972 mt, down 5.8%) and Iran (30.593 mt, up 8%).
Ukraine in 12 months of 2022 is in 23rd place with the melting of 6.263 million tons of steel (“minus” 70.7%).
In total, 64 countries produced 1 billion 831.467 million tons of steel in 2022, which is 4.3% less than in 2021.
As reported, for 2021, the top ten steel producing countries were as follows: China (1 billion 32.790 million tons, down 3%), India (118.134 million tons, up 17.8%), Japan (96.334 million tons, +14.9%), USA (86.012 million tons, +18.3%), Russia (75.970 million tons, +6, 1%), South Korea (70,556 million tons, +5.2%), Turkey (40,360 million tons, +12.7%), Germany (40,066 million tons, +12.3%), Brazil (36,039 million tons, +14.7%) and Iran (28,460 million tons, -1.8%).
They were followed by Italy (24.4 million tons, up 19.7%), Vietnam (23.560 million tons, +4.8%), Taiwan (PRC, 23.250 million tons, +10.9%), Ukraine (21.366 million tons, +3.6%) and Mexico (18.4 million tons, +9.5%).
Overall, 64 countries produced 1 billion 911.945 million tons of steel in 2021, an increase of 3.6% over 2020.

Ukraine in September 2022 reduced steel production by 5 times by September 2021

Metallurgical enterprises of Ukraine in September of this year reduced steel production by five times, or by 80%, compared to the same period in 2021 – to 340 thousand tons, taking 32nd place together with the Czech Republic in the ranking of 64 countries – the world’s main manufacturers of these products, compiled by the World Steel Association (Worldsteel).
According to Worldsteel data released on Tuesday, in September 2022, a decrease in steel production was recorded by September 2021 in most countries of the top ten, except for China, India and Iran.
The top ten steel-producing countries in September are as follows: China (86.950 million tons, an increase of 17.6% compared to September 2021), India (9.873 million tons, an increase of 1.8%), Japan (7.140 million tons , “minus” 12.3%), USA (6.615 million tons, less by 7.5%), Russia (5.690 million tons, “minus” 6.8%), South Korea (4.605 million tons, “minus” 15 .4%), Germany (2.842 million tons, minus 15.4%), Iran (2.744 million tons, an increase of 26.7%), Brazil (2.743 million tons, minus 11.7%) and Turkey (2.685 million tons, less by 19.4%).
According to the results of September, Ukraine, like the Czech Republic, is in 32nd position with 340 thousand tons of steel (80% less by September 2021). In August this year, the country produced 366 thousand tons of steel, in July – 281 thousand tons of steel, in June – 295 thousand tons, in May – 308 thousand tons, in April – 281 thousand tons, in March – 200 thousand tons, in February – 1.374 million tons, in January – 1.851 million tons.
In general, in September of this year, steel production in the world increased by 3.7% compared to the same period last year – up to 151.686 million tons.
For the nine months of 2022, the top ten steel-producing countries are as follows: China (780.830 million tons, a decrease of 3.4%), India (93.275 million tons, an increase of 6.4%), Japan (67.817 million tons, a decrease by 6%), USA (61.469 million tons, minus 4.3%), Russian Federation (54.6 million tons, decrease by 6%), South Korea (50.543 million tons, minus 4.4%), Germany (28.246 million tons, minus 6%), Turkey (27.298 million tons, a decrease of 9.3%), Brazil (25.869 million tons, a decrease of 5.3%) and Iran (22.202 million tons, an increase of 9.3%). ,eight%).
Ukraine, following the results of nine months of this year, retained the 22nd place with the production of 5.526 million tons of steel (minus 66.1%).
In general, in January-September 2022, 64 countries produced 1 billion 405.185 million tons of steel, which is 4.3% less than in the same period in 2021.
As reported, for 2021, the top ten steel-producing countries looked like this: China (1 billion 32.790 million tons, a decrease of 3%), India (118.134 million tons, an increase of 17.8%), Japan (96.334 million tons, + 14.9%), USA (86.012 million tons, +18.3%), Russian Federation (75.970 million tons, +6.1%), South Korea (70.556 million tons, +5.2%), Turkey (40.360 million tons, +12.7%), Germany (40.066 million tons, +12.3%), Brazil (36.039 million tons, +14.7%) and Iran (28.460 million tons, -1.8%).
This was followed by Italy (24.4 million tons, up 19.7%), Vietnam (23.560 million tons, +4.8%), Taiwan (China, 23.250 million tons, +10.9%), Ukraine (21.366 million tons, +10.9%). tons, +3.6%) and Mexico (18.4 million tons, +9.5%).
In general, in 2021, 64 countries produced 1 billion 911.945 million tons of steel, which is 3.6% more than in 2020.

Ukraine cuts steel production now in 35th place in Worldsteel rating

Ukrainian metallurgical enterprises in July this year reduced steel production by 85% compared to the same period in 2021, to 281,000 tonnes, taking 35th place in the ranking of 64 countries – the world’s main producers of this product, compiled by the World Steel Association (Worldsteel).
According to Worldsteel data released on Tuesday, in July 2022, a decrease in steel production was recorded in most countries of the top ten, except for India and Iran, versus July 2021.
The top ten steel-producing countries in July are as follows: China (81.430 million tonnes, a decrease of 6.4% compared to July 2021), India (10.070 million tonnes, an increase of 3.2%), Japan (7.326 million tonnes , less by 8.5%), the USA (7.002 million tonnes, less by 6.4%), South Korea (6.086 million tonnes, less by 0.6%), Russia (5.5 million tonnes, less by 13.2%), Germany (2.972 million tonnes, less by 2%), Brazil (2.823 million tonnes, less by 8.7%), Turkey (2.684 million tonnes, less by 20.7%) and Iran (2.012 million tonnes, an increase of 34.1%).
Ukraine is in 35th position with 281,000 tonnes of steel (85% less by July 2021). In June this year, the country produced 295,000 tonnes, in May – 308,000 tonnes, in April – 281,000 tonnes, in March – 200,000 tonnes, in February – 1.374 million tonnes, and in January – 1.851 million tonnes.
In general, in July this year, steel production in the world decreased by 6.5% compared to the same period last year, to 149.277 million tonnes.
Over seven months of 2022, the top ten steel-producing countries look like this: China (609.280 million tonnes, a decrease of 6.4%), India (73.305 million tonnes, an increase of 8%), Japan (53.322 million tonnes, a decrease of 4. 9%), the USA (48.036 million tonnes, less by 3%), the Russian Federation (41.432 million tonnes, decrease by 7%), South Korea (39.918 million tonnes, less by 3.4%), Germany (22.532 million tonnes, less by 5.1%), Turkey (21.639 million tonnes, a decrease of 6.9%), Brazil (20.285 million tonnes, a decrease of 3.5%) and Iran (17.394 million tonnes, an increase of 3.7%).
Ukraine, following the results of seven months of this year, took 20th place with the smelting of 4.820 million tonnes of steel (less by 62.1%).
In general, in January-July 2022, some 64 countries produced 1.102 billion tonnes of steel, which is 5.4% less than in the same period in 2021.

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