Ukraine: Rusal to sell ZALK surplus stock
Rusal is going to sell the surplus stock of the Zaporozhye Aluminum Works (ZALK) to compensate for the current expenses to keep the company operating.
Rusal is going to sell the surplus stock of the Zaporozhye Aluminum Works (ZALK) to compensate for the current expenses to keep the company operating.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.047* min max April 353.06 444.14 May 363.84 394.16 * – 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)
By 2019 ArcelorMittal would have invested $1.2 billion into ArcelorMittal Kriviy Rih.
In January-April exports from Donetsk region (without the anti-terrorist operation zone) reached $1234.8 million, down 2.6 times YoY.
Ukrainian export prices are down by $5-15, Russian – by $5-10.
The Ministry for energy and coal industry together with the State Property Fund are working on the matter of mines privatization.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.047* min max April 461.88 481.17 May 481.21 552.55 * – 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)
In January-March the state-owned United Mining and Chemical Company received 44.86 million UAH of net profit.