Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max min max April 47 54 66 70 May 47 53 79 83 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the…
After the sintering factory at the Mariupol Ilyich Iron and Steel Works is modernized, the company will meet all the European environmental norms. Over 5 years the works will invest 2.5 billion UAH into the project that started in 2015. “After that dust pollution will decrease by 90%, or by 12.5 thousand tons. Sulfur pollution…
In January-June Ukraine imported 674.67 thousand tons of nickel ore and concentrate valued at $35.54 million, down by 11.2% and by 24.3% YoY respectively. All the products came from Guatemala. In H1 Ukraine exported 303 tons of nickel ore valued at $60 thousand. Last year it didn’t export nickel ore. Most exports went to Hong…
Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* min max April 517 655 May 570 710 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
The Ministry of energy and coal industry of Ukraine is preparing a decree on the coal market to make the vertically integrated companies sell part of their coal at exchanges. “We want them to sell at least 30%”, said the energy minister Igor Nasalyk. According to him the Prime Minister Vladimir Groysman supports this idea.…
The authorities have found money to pay May salary to Selidovugol miners. 10 million UAH will constitute 14% of the May debts. Thus those working underground will get 400 UAH each, those above ground – 80 UAH. So 7 miners continue their hungry strike and are not going to stop it, as the May debt…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max April 327 327 May 422 422 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Interpipe has been hiring young specialists without industrial experience but capable of training and self-development. “We’re creating a team of professionals from other well-known companies in the CIS and people with no experience, but wanting to learn”, said the company R&D director Gennady Yesaulov. In particular, employees without experience are needed in steel production. “We…