Crude steel output in August

In August following the three months in a row of decrease, Ukrainian crude steel output showed an improvement, with domestic steelmakers producing 2.6 million tons, up from 2.42 million tons in July and with daily average output increasing 7% MoM to 83,870 tons.

August's improvement was mainly driven by the restoration of production at ISD's subsidiaries Alchevsk Iron and Steel Works and Dneprovsky Iron and Steel Works named after F. Dzerzhinsky (DMKD) which saw 63% and 39% MoM increases respectively in their crude steel outputs, following Metinvest's partial resumption of iron ore supplies in mid August.
Also a significant increase in crude steel production of 15.7% MoM was registered by the Mariupol Ilyich Iron and Steel Works (Ilyich) due to the favorable situation on the world flat steel markets caused by restrictions on exports of Chinese products. In addition, an important factor was the supply of raw materials from Metinvest and its integration into Metinvest's sales chain.

Company	August, t	MoM, %	January-August, t	YoY, %
ArcelorMittal Kriviy Rih	462,400	-6	4,018,600	23.40
Azovstal	432,900	2.40	3,727,600	34
Ilyich	486,000	15.70	3,590,000	32
Zaporizhstal	289,000	-2.40	2,229,000	2.40
Yenakievo	222,700	-1.20	1,712,700	8.20
Alchevsk	223,000	62.80	1,985,000	-19.40
DMKD	186,000	38.80	1,771,000	-24

In September experts expect a further growth in steel production in Ukraine by another 4-5%, following the resumption of business activity in the Middle East with the end of Ramadan.
Mr. Eugen Dubogryz, analyst from BG Capital, said that "On the whole, however, Ukraine's January-August operational results were quite weak, especially when compared with its main competitors, Russia and Turkey, which are poised to report 20% to 25% YoY growth in the first eight months output.” (SteelOrbis)
Much more about metal of Ukraine, Russia and other CIS-countries at http://metalukraine2010.blogspot.com/