Ceramet believes that ferrous scrap exports with duty of 30 euro per ton will become unprofitable if the scrap prices drop to $200 per ton FOB Black Sea. In this case the duty will start limiting the exports. “As the duty is not linked to the price situation, its effects on the local market can…
Norilsk Nickel, the world’s largest nickel and palladium producer, announces preliminary consolidated production results for the first quarter of 2016. In Q1 consolidated nickel production amounted to 64 kt, down by 6% YoY. Nickel output from the company’s own Russian feed reached 52 kt, down 5% YoY. The decrease was driven mostly by the ongoing…
In March Nikopol Ferroalloy Plant produced 55.6 thousand tons of silicomanganese, up by 2.6% MoM, or by 1.4 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, its ferromanganese output went up 16 times MoM, or by 6 thousand tons, to 6.4 thousand tons. In January-March NZF produced 156.2 thousand tons of silicomanganese, down…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 360 360 292 292 March 374 374 307 307 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the…
In March Ukraine produced 86 thousand tons of ferroalloys, up by 13.2% MoM, or by 10 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, in Q1 output fell by 7% YoY, or by 17.2 thousand tons, to 228.7 thousand tons. (Ukrainian metal)
In 2015 Centravis Production Ukraine received 766.99 million UAH of losses, up by 27.79% YoY, or by 166.81 million UAH. According to the company statement, last year its net income went up by 23.46% YoY, or by 606.19 million UAH, to 3189.81 million UAH. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* min max February 473 473 March 473 473 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In March Ukraine produced 53.6 thousand tons of manganese concentrate and sinter. According to the Ukrainian Association of Ferroalloy Producers, in Q1 manganese concentrate and sinter output decreased by 73.9% YoY, or by 151.6 thousand tons, to 53.6 thousand tons – in January and February Ukraine didn’t produce any manganese concentrate or sinter. (Ukrainian metal)