After electric power supply to the works had been cut off, part of value-added tax in the amount of 204 million UAH (according to declaration for December 2014) was reimbursed to Zaporizhstal Integrated Iron and Steel Works. These funds were immediately transferred by the works in full to offset existing debt to public monopolies: Zaporizhoblenerho…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.047* min max March 377.52 377.52 April 377.52 377.52 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Metinvest B.V. (the Netherlands), the parent company of the mining and metallurgical monopoly of Rinat Akhmetov Metinvest, in January-March reduced its sales in Russia by 57% YoY, to $69 million from $ 61 million.
Ukrainian average maximal export prices are up by $10, Russian export prices – by $5-15.
In January-May Ukraine exported 3.74 million tons of semi-finished steel products, down by 32.1% YoY, worth a total of $129.56 million, down by 47.9% YoY.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.047* min max March 423.94 423.94 April 423.94 423.94 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)