Steel Times International


Gilles Valentin, Caroline Couronne

Ukraine Steel 2004 STI Release

October 04, 2004

Consolidation has been the name of the game in the international steel industry for the past 15 years. Europe and the United States have witnessed mega-mergers, concentration of resources and streamlining of operations between steel mills, raw material suppliers, iron and steel makers, equipment manufacturers, traders, etc. Ukraine had to go through the same process, but did it while managing its post communist transition and trying to find the right formula to ensure the survival of the largest and most crucial sector of its economy. Today, the sector is showing a radically different face than 15 years ago, when most of the industry was in the hands of the Ukrainian state. As of today, the privatization process is largely complete with the last major mill sold being Kryvorizhstal, the country’s largest. Only a few, ill placed companies are still listed by the state as waiting for a private owner to revive their destinies.


Kosmos logistics is growing with Mexico’s rapidly developing manufacturing sector, particularly servicing the automotive industry.
Galvaprime explains the market for supplying metals to Mexico’s manufacturing sector.
Tenova HYL holds approximately 50% of the direct induced iron (DRI) reduction market, a technology which it has pioneered.
"The market in Mexico used to be only based on price, but now clients are also looking for quality and are able to pay a little more. Companies must have high efficiency and be prepared to produce products when the client needs them.”


Kumba Iron Ore is the largest iron ore producer in Africa and the fourth largest iron ore producer in the world.