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Daily Archives: 28.04.2016

Ukraine: Avdiivka Coke to help Avdiivka

Avdiivka Coke and Chemical WorksBy admin28.04.2016Leave a comment

Avdiivka Coke and Chemical Works, Metinvest and Avdiivka city council have signed an agreement on social partnership for 2016. According to the document, financing of social programs will be increased to 9.5 million UAH. The agreement was signed by Metinvest CEO Yuri Ryzhenkov, Avdiivka Coke general manager Musa Magomedov, the city mayor Yuri Cherkasov and…

Metals of Ukraine & Russia: steelmaking pig iron, March 2016

steel-making pig ironBy admin28.04.2016Leave a comment

Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max February 178 225 142 188 180 193 175 193 March 192 225 155 206 235 250 190 250…

Ukraine: Krasnodonugol to get state assets for free

KrasnodonugolBy admin28.04.2016Leave a comment

Krasnodonugol is preparing to rent state assets for free. It would be the first private company to get the official permission to use state property free-of-charge. The Commercial Court of Lugansk Region has allowed the company to make amendments to the agreement on the rent of Krasnodonuglepostavka, signed back in 2006 by the State Property…

Ukraine: scrap duty increase to give 500 million UAH annually

scrapBy admin28.04.2016Leave a comment

Head of the Verkhovnaya Rada Committee on industrial policy and entrepreneurship Victor Galasyuk has asked the President of Ukraine Petro Poroshenko to sign the decree #3868. The decree provides for the tri-fold increase of scrap exports duty to eliminate the critical shortage of this raw material. “This decree will make Ukrainian metal companies constantly receive…

Ukraine: AzovElektroStal ends 2015 with losses

AzovElektroStalBy admin28.04.2016Leave a comment

In 2015 AzovElektroStal received 2.87 billion UAH of losses, up by 22.47% YoY, or by 527.27 million UAH. According to the company statement, its net income in 2015 went down by 94.2% YoY, or by 301.24 million UAH to 18.55 million UAH. In 2014 AzovElektroStal received 2.34 billion UAH of net losses, having decreased its…

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