The State Financial Inspection has finished checking the state enterprise Volynugol. For less than 3 years the company management embezzled 45.8 million UAH. Their violations accounted for over 7 million UAH, while the non-received profit totaled 38.7 million UAH.
In January-September Ukraine produced 643.4 thousand tons of ferrous pipes, down by 41.9% YoY.
Month Russian market, $/t, EXW, without VAT, $1/RUR66.478* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.185* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max July 206.47 228.65 237.80 288.63 240.00 245.00 240.00 270.00 August 180.98 228.65 222.88 289.94 225.00 240.00 230.00 240.00…
Energomashspetsstal will produce another batch of back-up rolls for ArcelorMittal. The companies have been cooperating since 2011.
Despite the words of Zakharchenko, the head of the so-called Donetsk People’s Republic, a terrorist organization, supported by Russia, Yenakievo Iron and Steel Works belongs to Metinvest and has no dealings with the terrorists.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.185* min max July 302.04 302.04 August 302.04 302.04 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.08.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In September Dneprospetsstal increased steel output. The works produced 21442 tons of steel, up by 15.7% MoM.
The Eurasian Economic Union intends to impose antidumping duties on Ukrainian wheels for railroad cars.
