Pervomaisky open pit mine of the Severniy Mining and Processing Works, a part of Metinvest Group, has commissioned the first start-up facility of the iron ore crushing and conveying system. It is the independent Ukraine’s largest project in the mining sector. Investments in the first line of the crushing and conveying system totaled 1.9 billion…
“Zaporozhkoks is a stably working company, employing some 1600 Zaporozhye citizens. Last year was a difficult one, but we were able to produce 800 thousand tons of blast furnace coke, earning some 4 billion UAH, and obtaining 250 million UAH of net profits. We have also paid 284 million UAH of taxes”, said the company…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max April 283 377 May 379 442 * – 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)
Pobuzhye Ferronickel Plant will buy anthracite coal from the South African Republic, if Ukraine experiences a sharp shortage of it. “We have worked out this issue. If there is no way to buy anthracite coals in Ukraine, we have a plan B. Though we do try to buy coal from Ukrainian suppliers or in Kazakhstan”,…
In July-December power-generating company Centrenergo plans to buy 1.6 billion UAH worth of coal from DTEK Sverdlovskantrazit. In 2015 Centrenergo produced 8422.15 million kW-h of electricity, down by 32.7% YoY. Its net profits fell 3.4 times, to 21.85 million UAH, with net income down by 9.2%, to 6863.84 million UAH. (Ukrainian metal)
The representative of the Opposition block Vladimir Gusak has addressed the minister of energy and coal industry Igor Nasalik, asking him to explain the situation with miners not receiving salary. “To understand the problems of the coal industry, I will give you an example. Debts for electricity amount to 10 billion UAH. So there is…
Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* min max April 484 484 May 484 484 * – 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)
In January-June major Ukrainian pipe companies produced 398.4 thousand tons of pipes, down by 7.1% YoY, with June output on the level of 69.3 thousand tons down from 70.5 thousand tons in May. Khartsyzsk Pipe Works, situated in the ATO zone, produced 2.8 thousand tons of pipes as opposed to 66.3 thousand last year. In…