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Ukrainian steelmakers’ investments in expansion fall 39.4 percent in Q1 2010

Friday, 11 June 2010 12:14:16 (GMT+3)   |  
       

According to the data issued by the Ukrainian association of metal producers Metallurgprom, in Q1 2010 Ukrainian steelmakers which are members of Metallurgprom invested a total of UAH 620.8 million (about $ 78.43 million) in the expansion of their production facilities - down 39.4 percent compared to Q1 2009.   

   

Investments Q1 2010

Change y-o-y (%)

Donetsk region

UAH 267.9 million ($ 33.85 million)

-49.1

Ilyich Iron and Steel Works of Mariupol

UAH 50.97 million ($6.4 million)

-7.6

Azovstal

UAH 12.2 million ($1.5 million)

x 2 times

Makeyevka Iron and Steel Works

UAH 101.3 million ($12.8 million)

-55.4

Yenakievo Iron and Steel Works

UAH 62.2 million ($7.86 million)

-55.1

Donetskstal

UAH 10.1 million ($1.3 million)

-66.1

Dnepropetrovsk region

UAH 207.97 million ($26.27 million)

+60.6

ArcelorMittal Kriviy Rih

UAH 130.5 million ($16.5 million)

+59.3

Dneprovsky Iron and Steel Works named after F. Dzerzhinsky

UAH 74.3 million ($9.4 million)

+86.1

Dnepropetrovsk  Iron and Steel Works named after Petrovsky

UAH 599,000 ($75,680)

-86.3

Dnipropetrovsk Comintern Steel Works

UAH  2.6 million ($328,500)

-22.1

Zaporizhia region

UAH 68.8 million ($8.7 million)

-72.3

Zaporizhstal

UAH 59.9 million ($7.57 million)

-75.4

Electrometallurgical Works Dneprospetsstal named after A.N.Kuzmin

UAH 8.9 million ($1.12 million)

+84.9

Lugansk region

UAH 76.1 million ($9.6 million)

-36.9

Alchevsk Iron and Steel Works

UAH 76.1 million ($9.6 million)

-36.9

Total

UAH 620.8 million ($78.43 million)

-39.4

US$1 = UAH 7.915

Capital investments of Ukrainian steel producers which are members of Metallurgprom amounted to UAH 5.034 billion (about $636 million) in 2009, totaled UAH 8.5875 ($1.085 billion) in 2008, while in 2007 their investments reached UAH 10.5127 billion ($1.328 billion).


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