Production of steel in Ukraine in July of this year compared to May increased by 14% to 2.65 million tons, said Minister of industrial policy Vladimir Novitsky. We expect that, through the revitalization of the external markets, the growth in sales volumes and prices for products, a substantial release of goods from warehouses to July metallurgists will be one of the most successful months of the year, - he said in an interview with the government newspaper УрÑдовый Courier.
According to the minister, the July forecast of smelting steel based on the outcome of the metpredpriyaty in the first decade of the month. He also noted that stocks of metal in the Ukrainian ports dropped in November 2008, when the peak of the crisis, nearly 2.2-fold, to 670 thousand tons
Based on the predictive performance smelting of steel in July, it will be less than 38.5% compared with July last year. And I half Crude steel declined by 38.9% compared to same period last year. But last week's average load capacity of steel in Ukraine amounted to 66.2%, which is the absolute maximum from the beginning of the year, noted in the State Enterprise Ukrainian Industrial Export Examination Board.
At the moment, you can talk about stabilizing the situation in the industry - says analyst Infrared Dragon Capital Sergei Gajda. In January-June, the production of liquid steel in Ukraine rose from 2.12 million tonnes to 2.34 million tonnes against 1.6 million tonnes in November 2008 at the height of the crisis. Improving the clear: with the minimum performance in March and April, prices for semifinished and rent increased by 15-30%. At the same time began to experience increased demand for square billet and long rent in the Middle East, which has a positive impact on Ukrainian exports of these goods, — notes the analyst of IG Socrates Dmitry Horoshun.
Chairman of the Mariupol market from them. Vladimir Ilyich Boyko noted that in II quarter has increased the number of orders. But the director of Division of steel and rolled Metinvest Holding Jack MakLahlan believes that it is possible to speak only on the technical improvement in demand for metal products: No fundamental change: some improvement occurs dueto the restoration of stocks of products. This is not sufficient.
Deputy predpravleniya Zaporizhstal Alexander Putnoki believes that in 2009 the situation in the MMC is unlikely to change. The turning point could be a rising trend in August-September. This will help to reduce the activity on the part of the Middle East during Ramadan, - he said.
Sergei Gajda of Dragon Capital explains the increase in metal prices and production in Ukraine is the seasonal factor. Facilitate the speedy release of MMC from the Ukraine crisis could improve the economic situation in the world in general and, more importantly, recovery of industrial production in major importing regions of the Ukrainian hire: the Middle East and Central and South-East Asia, - he said.
Alexander Chernovalov
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