3. Natural Resources of Ukraine
5% of world reserves of iron ore which is about
46% of all of the former USSR
Coal reserves amount to 47.1 billion tons
Deposits of iron ore (estimated at 28 billion
tons), manganese ore (3 billion tons), chalk and
limestone (1.5 billion tons) are also large in
Ukraine.
Natural gas reserves of 39.6 trillion cubic feet
4. Chief Exports/Imports
Ferrous and non-ferrous metals
Fuel and petroleum products
Oil and gas, machinery and parts
5. Ukraine metallurgy Overview
Mining-metallurgical complex (MMC) Companies of Ukraine accounts
for 65% of the country’s steel production
The MMC of Ukraine supplies only 20% of metal products to the
domestic market and exports 80%
Even with the powerful metal industry Ukraine has been lately importing
over 1 million tons of metal per year
Itshould be expected that in the near future the metallurgists of China
and India, due to quick development, would drive foreign metal products
from their markets and would increase their shares in the Near East
countries and Indochina
Ukraine uses 52.8 man-hours to produce one ton of steel, while Russia
uses 38.1 and Germany - 16.8 man-hour
At full loading of metal works in Ukraine with full metallurgical cycle
the productivity of labor is around 200-250 tons of steel per 1 worker per
year, while the modern electric-metallurgical mini-mills with capacity of
1.5-2 million tons of steel per year yield 3000-4000 tons
6. Production scenario & Export of steel
to Ukraine 2011-2012
STEEL PRODUCTION IN UKRAINE (million ton)
Products/Year "2007" "2010" "2011"
Pig iron 35,6 27,4 28,9
Steel 42,8 32,7 34,7
Steel products 36,2 30,7 31,7
UKRAINIAN STEEL EXPORT (million ton)
Europe (not
Year/Region EC Middle East CIS Asia Africa America
EC)
2010 5,7 5,6 3,2 3,7 2,6 1,9 0,8
2011 6,4 5,3 3,3 3,1 2,2 1,5 0,7
8. Scrap FOB Prices at various
ports
• $400-410/t FOB
Sea ports
(Odessa,
Nikolayev)
• $398-399/t FOB
River ports
(Kherson,
Nikolayev)
9. Pig iron prices start growing in
Europe
According to the
data,Ukrainie has
quoted its material
to Italy at$375-
385/t C&F ($350-
360/t FOB Azov-
Black Sea ports).
While the last
quote by
Ukrainian-origin pig
iron was at $375-
380/t C&F.
10. Comparative Analysis of various
products Importers from Ukraine
Country Material ports Prices
FOB C&F
Italy Pig iron Azov-Black $350-360/t $375-385/t
Sea ports
Turkey Pig Iron Azov-Black $360-370/t $375-385/t
Sea ports
Long/Semi Fin $520-525/t
Flat $550-560/t
Iraq Re-Bar $670-685/t
offer prices
UAE(Emirati HRC $555-565/t
buyers)
Plates $580-590/t