Shares in Ukrainian iron ore producer Ferrexpo rose as much as 4% in early trade in London on Friday after the company posted a strong increase in iron ore pellet for the first half of the year.
Russian export prices are up by $20.
Metinvest Group has finished an overhaul of the sintering machine #1 at the Mariupol Ilyich Iron and Steel Works.
Month Russian market, $/t, EXW, without VAT, $1/RUR52.9716* min max April 521.03 858.95 May 521.03 858.95 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
The tax police of the State Fiscal Service have found violations of the tax legislation worth 1.6 billion UAH by a metal scrap exporting and trading company.
Month Russian market, $/t, EXW, without VAT, $1/RUR52.9716* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.047* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max April 566.34 638.08 443.72 443.72 420.00 467.00 417.00 685.00 May 566.34 638.08 509.03 509.03 420.00 467.00 417.00 685.00 * -…
In January-June Ukraine produced 11.25 million tons of carbon steel, down by 27.2%, YoY.