OREANDA-NEWS. January 13, 2010. The total output of Ukrainian 6% humidity coke increased by 3.1% m/m in December to 1,512ktonnes. Specifically, Arcelor Mittal Kryvyi Rih increased its output by 3.5% m/m to 235ktonnes, Avdiivka Coke-Processing Works had an increase of 1.9% to 262ktonnes, whereas Alchevskkoks decreased output by 1.2% m/m to 255ktonnes. The total Ukrainian coke output in 2009 decreased by 11.4% to 16,819ktonnes.

Millennium Capital: the coke output dynamics correlates to the current demand for steel products and is enjoying a positive trend now. In addition, please note that AVDK total output in 2009 (2.8mn tones) is a perfect match with our forecast (see our Trade Idea AVDK “Coke deficit looming”).