Norilsk Nickel presents its new brand. Changes involved its name, view and key elements of the brand platform. New image of Nornickel is a quintessence of ideas and values related to the company’s activities represented graphically and visually. ‘Reliability’ and ‘Hope’ are the key words of the new communication platform. Reliability means quality of metal…
In January-June Evraz Sukhaya Balka mined 1.3 million tons of iron ore, down by 6.2% YoY. According to a company representative, in June ESB mined 257 thousand tons of ore. Last year it produced 2.81 million tons of iron ore, down by 2.7% YoY. (Ukrainian metal)
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max April 370 370 May 504 558 * – 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 ArcelorMittal Kriviy Rih produced 2.86 million tons of rolled metal, up by 5.6% YoY. According to the company statement, steel smelting went up by 6.2% YoY, to 3.26 million tons, while pig iron output reached 3.08 million tons, up by 13.7% YoY. Sinter output increased by 11.6%, to 5.37 million tons, iron ore…
In June Dniprostal produced 21181 tons of steel, up by 1.4% MoM. Rolled metal output went up by 4.6% MoM, to 12967 tons. The cost of the goods produced totaled 529.37 thousand UAH, up by 3% MoM. In January-June Dneprostal produced 111986 tons of steel and 70967 tons of rolled metal valued at 3.07 million…
Due to the railroad transportation and electricity tariffs increase expenses of the Pobuzhye Ferronickel Plant will reach 130 million UAH in 2016 affecting the prime cost. “Railroad tariffs went up by 15%, electricity tariffs are growing all the time. That’s a gigantic weight on our shoulders. And we still have to meet a certain prime…
Mariupol Ilyich Iron and Steel Works has started producing S460MC coils. “Our rollers can now produce 2.5×1000 mm coils according to EN 10149-2”, said the company CEO Yuri Zinchenko. S460MC steel is characterized by high strength and is produced by way of thermomechanical rolling. This is the first time that such steel is produced at…
The Verkhovnaya Rada of Ukraine has increased the export duty on the ferrous metals scrap from 10 euro per ton to 30 euro for 1 year and cancelled the registration of import contracts. 248 people’s deputies supported the new version of the decree, which blocked the previous one on the 3-years term. “This is the…