Металлургия

In January, Bagliy Coke [BKOK UZ, U/R] decreased output of 6%-humidity gross coke by 8% MoM to 31 thsd mt, according to Ukrainian News. In comparison with the average FYM08 monthly output of 55 thsd mt (down 4% YoY), the January volume was down 44%.

In January, Avdiivka Coke [AVDK UZ, U/R] increased output of 6%-humidity gross coke by 6% MoM to 191 thsd mt, according to Ukrainian News. In comparison with the average FYM08 monthly output of 324 thsd mt (up 8% YoY), the January volume was down 41%.

In January, Alchevsk Coke [ALKZ UZ, N/R] increased output of 6%-humidity gross coke by 8% MoM to 274 thsd mt, according to Ukrainian News. In comparison with the average FYM08 monthly output of 278 thsd mt (up 3% YoY), the January volume was down 1%.

The January production volumes for individual steelmakers, according to Interfax-Ukraine, are as follows.

Ukrainian pipes and tubes production for January, 84 thsd mt, is down 30% MoM. Earlier, we reported a 62% MoM drop, which was wrong due to an incorrect December production value used in the comparison.

Ukrainian News, a news agency, reported on data provided in a Dniprospetsstal [DNSS UZ, U/R] AGM invitation. The FY08 net loss amounts to UAH 204 mln, or USD 38.7 mln (at FY08 USD/UAH average of 5.27).

Interfax-Ukraine reported on pipes and tubes production for January, which amounted to 84 thsd mt. This is down 62% MoM, and 59% below the average 2008 monthly output of 205 thsd mt, and 62% below the average 2007 monthly reading of 220 thsd mt.

Interfax-Ukraine reported on steel production numbers for January. According to our calculations, the total crude steel output of Ukrainian steelmakers amounted to 2.12 mln mt last month.

Interfax-Ukraine reported on coke production for January, which amounted to 1.28 mln mt. This is up 13% MoM, but still 21% below the average 2008 monthly output of 1.62 mln mt, and 24% below the average 2007 monthly reading of 1.68 mln mt.

At a December 30 EGM, shareholders of Poltava GOK [PGOK UZ, U/R], also called Ferrexpo Poltava Mining, voted two representatives of DCM DECOmetal International Trading GmbH, off of its Supervisory Board. According to a company press release, the decision is related to the fact that on December 22, 2008, Poltava GOK bought back all shares that were owned by DCM DECOmetal International Trading GmbH.