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07. September 2007

Ukraine's January-August steel, pig iron output up on year

Ukraine's output of crude steel increased 5.6% year-on-year to 29.11 mt tons in January-August, up from 27.58 million mt produced one year ago, a source in the government said Thursday, citing preliminary figures.

In August Ukraine produced 3.7 million mt of steel, up from 3.56 million mt produced in July.
Ukraine's biggest steel mill, ArcelorMittal Kryviy Rih, increased steel output by 10.1% year on year to 5.48 million mt in January-August, up from 4.95 million mt produced a year ago. The company produced 692,380 mt of steel
in August, up from 570,510 mt produced in July. The country's second-largest steel producer, Illych Metallurgical
Company, produced 4.63 million mt of steel in January-August, down 0.8% Year-on-year. The third-largest steel maker, Azovstal, produced 4.14 million mt of crude steel, up 8.9% year on year.

Ukraine, the world's eight-largest steel producer, runs 14 steel companies that are capable of producing more than 40 million mt of steel annually. Ukraine produced 40.8 million mt of crude steel in 2006, up from 37.75 million mt produced in 2005. Ukraine is exporting most of its steel output.

ROLL PRODUCTION RISES YEAR ON YEAR 

Ukraine's rolled metal production increased by 2.8% year on year to 24.73 million mt in January-August, compared with 24.05 million mt produced one year ago.

PIG IRON OUTPUT INCREASES 9.3%

Ukraine's production of pig iron increased by 9.3% year on year to 23.69 million mt in January-August, up from 21.67 million mt produced in January-August 2006. Ukraine produced 3.03 million mt of the commodity in August, up from 2.91 million mt produced in July. ArcelorMittal Kryviy Rih produced 4.85 million mt of pig iron in January-August, up 8.6% year-on-year.  

The company produced 639,770 mt of the commodity in August, up from 506,510 mt produced in July. Illych Metallurgical Company produced 3.6 million mt of pig iron in January-August, up 0.4% year on year, while Azovstal increased output of the commodity by 12.9% year-on-year to 3.57 million mt.  

In 2006 Ukraine produced 33.06 million mt of pig iron, compared with 30.66 million mt produced in 2005. 

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