Ukrainian steelmakers’ investments fall 41.1 percent in 2009

Thursday, 04 March 2010 12:30:03 (GMT+3)   |  

According to the data issued by the Ukrainian association of metal producers Metallurgprom, in 2009 Ukrainian steelmakers which are members of Metallurgprom invested a total of UAH 5.034 billion (about $631.2 million) in the expansion of their production facilities - down 41.4 percent compared to 2008.  

 

Investments 2009

Change y-o-y (%)

Donetsk region

UAH 2.7147 billion ($340.4 million)

-13.7

Ilyich Iron and Steel Works of Mariupol

UAH 403.2 million ($50.56 million)

-59.7

Azovstal

UAH 253 million ($31.72 million)

-74.9

Donetskstal

UAH 115 million ($14.42 million)

-76

Donetsk Metal Work (DMPZ)

UAH 14.8 million ($1.85 million)

-58

Donetsk Electrometallurgical Plant

UAH  1 million ($0.125 million)

-94.5

Makeyevka Iron and Steel Works

UAH 788.1 million ($98.82 million)

x 6.1 times

Yenakievo Iron and Steel Works

UAH 681.3 million ($85.43 million)

+56.2

Metalen

UAH 9.7 million ($1.216 million)

+83

Donetsk Metallurgical Plant (DMZ)

UAH 34 million ($4.26 million)

+10

Electrostal

UAH 175.7 million ($22.03 million)

-

Energomashstal

UAH 238.9 million ($29.956 million)

-

Dnepropetrovsk region

UAH 1.2295 billion ($154.17 million)

-52.8

ArcelorMittal Kriviy Rih

UAH 868.2 million ($108.87 million)

-37

Dneprovsky Iron and Steel Works named after F. Dzerzhinsky

UAH 227.4 million ($28.5 million)

-73.3

Dnepropetrovsk  Iron and Steel Works named after Petrovsky

UAH 11.9 million ($1.5 million)

-91.1

Dnipropetrovsk Comintern Steel Works

UAH  9.7 million ($1.2 million)

-88.8

Nikopol Ferroalloy Plant

UAH  112.3 million ($14.08 million)

-25.2

Zaporizhia region

UAH 471.6 million ($59.13 million)

-37.6

Zaporizhstal

UAH 426.3 million ($53.45 million)

-38

Electrometallurgical Works Dneprospetsstal named after A.N.Kuzmin

UAH 45.3 million ($5.68 million)

-32.3

Lugansk region

UAH 618.3 million ($77.53 million)

-70.3

Alchevsk Iron and Steel Works

UAH 618.3 million ($77.53 million)

-70.3

Total

UAH 5.0341 billion ($631.2 million)

-41.4

US$1 = UAH 7.975

Accordingly, in 2008 capital investments of Ukrainian steel producers which are members of Metallurgprom amounted to about UAH 8.5875 ($1.076 billion), while in 2007 their investments reached UAH 10.5127 billion ($1.32 billion).

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