Month Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max September 239.24 239.24 285.00 290.00 275.00 290.00 October 213.55 309.47 260.00 270.00 250.00 270.00 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.15…
Metinvest-SMC, the Metinvest metal center network, believes rolled metal consumption in 2016 would increase by 2.6% YoY, to 3.35 million tons.
In January-November Azovstal Iron and Steel Works, a part of Metinvest, produced 2.76 million tons of rolled metal, down by 8.6% YoY.
Ukrstalkonstruktsiya started purchasing rolled metal with double certificates (according to GOST and European standards) from Metinvest, said the company CEO Vladimir Nosov.
On December 1, Russia prohibited to import certain goods from Turkey. And Ukraine could be a winner in this situation, if Turkey implements sanctions in response.