In January-March Metinvest produced 1124 thousand tons of coke, up by 0.98% QoQ, or by 11 thousand tons. This was mostly due to the increase in Avdiivka Coke and Chemical Works, Zaporozhye By-Product Coke Plant and Azovstal coke output by 13 thousand, 17 thousand and 17 thousand tons respectively. This has covered the drop at…
Shareholders of Khartsyzsk Pipe Works have decided to increase the supervisory board from 1 member to 5. According to the company statement, Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova (all top-managers of Metinvest Holding and representatives of Metinvest B.V.) and Ivan Yurchenko (foreign economic activity legal support director of Metinvest Holding) have been appointed…
In 2015 Donetsk Iron and Steel Works received 76.61 million UAH of losses, down by 23.43% YoY, or by 23.44 million UAH. According to the company statement, its net income decreased by 14.2% YoY, or by 2.38 million UAH, to 14.42 million UAH. In 2014 the works received 100.05 million UAH of losses. DMZ is…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max February 117 122 March 125 132 * – 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)
This year Ukraine doesn’t plan to buy power-generating coal from Russia. “Our stocks total some 3 million tons, and we will be increasing them. Our goal is to spread the coal, not get it. We have enough coal of our own”, said the energy and coal industry minister Igor Nasalik. (Ukrainian metal)
Turkey is interested in privatizing Ukrainian mines and is prepared to invest into coal industry development. “We had an interesting meeting with our Turkish partners. They can help us financially to revive the industry. They also plan to take an active part in our mine privatization”, said the energy and coal industry minister Igor Nasalik.…
Volnogorsk Mining and Processing Works has chosen Hydrospetsservice for the tailing dump clearing at Skazhenaya gorge for 12.14 million UAH. The total volume of the work is 2 million cubic meters, thus it costs 6.07 UAH per cubic meter. Last year the company ordered this work at the same price. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 302 360 292 292 March 315 374 307 307 * – 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…