Ukrainian steelmakers’ investments in upgrades fall 12.2 percent in Jan-Sept

Investments Jan-Sept 2010

Change y-o-y (%)

Donetsk region

UAH 1.376 billion ($173 million)

-18.2

Ilyich Iron and Steel Works of Mariupol

UAH 370.6 million ($46.56 million)

+56.8

Azovstal

UAH 174.8 million ($22 million)

x 4.6 times

Makeyevka Iron and Steel Works

UAH 246.8 million ($31 million)

-57.3

Yenakievo Iron and Steel Works

UAH 311.3 million ($39 million)

-33.4

Donetskstal

UAH 38.9 million ($4.88 million)

-58.2

Donetsk Metal Work (DMPZ)

UAH 8.2 million ($1.03 million)

-23.4

Donetsk Electrometallurgical Plant

UAH 12.8 million ($1.6 million)

X 21 times

Dnepropetrovsk region

UAH 1.008 billion ($126.6 million)

+63.5

ArcelorMittal Kriviy Rih

UAH 630.4 million ($79.2 million)

+41.3

Dneprovsky Iron and Steel Works named after F. Dzerzhinsky

UAH 361.1 million ($45.36 million)

x 2.3 times

Dnepropetrovsk  Iron and Steel Works named after Petrovsky

UAH 11.3 million ($1.4 million)

+32.9

Dnipropetrovsk Comintern Steel Works

UAH  5.3 million ($665,830)

-23.2

Zaporizhia region

UAH 191.7 million ($24 million)

-50.2

Zaporizhstal

UAH 167.5 million ($21 million)

-52.9

Electrometallurgical Works Dneprospetsstal named after A.N.Kuzmin

UAH 24.2 million ($3 million)

-17.7

Lugansk region

UAH 181 million ($22.7 million)

-60.3

Alchevsk Iron and Steel Works

UAH 181 million ($22.7 million)

-60.3

Total

UAH 2.7567 billion ($346.3 million)

-12.2