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…
ArcelorMittal Kriviy Rih will shut down one of its blast furnaces; two coking batteries and a sintering shop because they don’t correspond to the environmental directives of EU according to BAT. “Ukraine has no BAT norms as yet, but AMKR European companies have already switched to them”, said the company environmental director Liana Maksimenko. AMKR…
The sole primary aluminum producer in Ukraine – Zaporozhye Aluminum Works – plans to renew manufacture of aluminum wire rod in August. “The works is taking all the necessary actions to start producing aluminum wire rod”, said the company in its statement. During its halt the company has lost its leading positions on the European…