METAL OF UKRAINE & RUSSIA: STEEL-MAKING PIG IRON, JANUARY 2010 Month Russian market, $/t, $1/RUR31.38* Ukrainian market, $/t without VAT, $1/UAH 5.33* min max min max December 286.81 323.45 469.04 506.57 January 286.81 323.45 469.04 506.57 Month Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max…
It is reported that Mechel, one of the leading Russian mining and steel groups, has denied the media rumors that it is in the process of acquiring the Ukrainian steel producer Donetsk Electrometallurgical Plant, the mini-mill previously known as ISTIL.Mr. Alexander Tolkach, director of Mechel’s department of communications, said “We categorically deny this information.”Donetsk Electrometallurgical…