Ukrainian Coke Production Increases by 0.6% MoM in September
OREANDA-NEWS. October 06, 2010. The 0.6% mom coke production increase in Sept was driven by the AVDK, ALKZ, and Evraz coking plants output growth. AVDK and ALKZ have increased production by 4.8% and 2.4%, respectively. Small Enakievo Coke is Sept growth leader with the largest 57% mom growth to reach 33kT output. In September Azovstal and Yasynivka Coke have posted a minor coke output decline between 2% and 3%.
Millennium Capital: the news is NEGATIVE for the coke producers, as the industry has maintained the previous month’ output level, while pig iron and steel production has grown by 3.2% mom and 5.5% mom correspondingly. This means that additional volumes of coke to supply steel output increase were imported, leaving the domestic coking capacities underutilized. Only in August coke imports soared by 193.6% mom to reach 173kT.
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