Metinvest Group is gearing up to constructing a steel service center in Italy, where it already owns re-rolling facilities for production of flat steel. Operations will start in spring 2016. The service center will conduct several activities, including mechanical surface treatment of steel for painting, preparation for welding, etc.
Ukrainian raw materials are still delivered to the Crimean Titanium Works, even though in smaller volumes.
The Ministry for Internal Affairs has started a criminal investigation against the Kurakhovskaya Central Processing Factory, a part of DTEK, as to the illegal processing of coal from small illegal coalmines of the Donetsk region.
Month Russian market, $/t, EXW, without VAT, $1/RUR66.237* min max August 455.19 573.19 September 461.98 550.16 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.09.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In January-October Zaporizhstal produced 3.1 million tons of pig iron, 3.34 million tons of steel and 2.85 million tons of rolled metal, all up by 7.9%, 1.4% and 1.2% YoY respectively.
The 9th court of appeals has refused to make Mechel sell Vadim Varshavsky the shares of Daveze Limited, owner of Donetsk Electrometallurgical Plant.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.528* min max August 460.59 460.59 September 378.39 378.39 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.09.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Energomashspetsstal is going to produce a large hammer frame weighing 61 tons for Lasco.