Business news from Ukraine

UKRAINIAN METALLURGICAL ENTERPRISES PLAN TO KEEP SMELTING OF STEEL AT THE LEVEL OF 1.8 MLN TONNES

Ukrainian metallurgical enterprises plan to retain smelting of steel at the level of the forecast for July in August 2019, to 1.8 million tonnes.
According to the Ukrmetalurgprom association, the plan for August also provides for the preservation of total pig iron production at the level of 1.8 million tonnes and reduction of total rolled steel smelting by 5.9%, to 1.6 million tonnes from 1.7 million tonnes.
According to the updated data from Ukrmetallurgprom, in January-June 2019, 31.62 million tonnes of iron ore concentrate (105% compared to the same period of 2018), 15.8 million tonnes of sinter (102%), 10.93 million tons of pellets (103%), 5.19 million tonnes of gross coke with 6% moisture (97%), 10.24 million tonnes of pig iron (101%), 10.93 million tonnes of steel (105%), 9.42 million tonnes of rolled metal (102%) and 560,000 tonnes of pipe products (104%).
In June, 1.524 million tonnes of pig iron was produced (less by 9% compared to May 2019), 1.659 million tonnes of steel (91%), 1.5 million tonnes of rolled products (86%).
As of July 9, 2019, 17 out of 21 blast furnaces, seven out of nine open-hearth furnaces, 13 out of 16 converters, six out of 15 electric furnaces and 15 out of 15 continuous casting machines were in operation.

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