NLMK Group announced its Q2 and H1 2016 financial results. In Q2, steelmaking capacity utilization rates reached 100% (94% in Q1 2016). EBITDA increased by 59% QoQ to $460 million; EBITDA margin reached 25% (+7% QoQ). Net debt / EBITDA stood at 0.7. Q2 2016 highlights: steel output increased by 6% QoQ, to 4.2 million…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* min max May 498 498 June 498 498 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
On August 1, 2006 Arcelor and Mittal Steel merged to create ArcelorMittal, the world’s leading steel company. The past decade has not always been easy, but the tenth anniversary is an opportunity to celebrate ten years of industry leadership. With a focus on sustainability, quality and leadership as the main values, there is much to…
In January-June Metinvest decreased output of various types of metal raw materials, except for coke. According to the company statement, coke output totaled 2.19 million tons, up by 19% YoY, that of iron ore concentrate remained on the level of 15.81 million tons, while that of coal concentrate dropped by 4%, to 1.58 million tons.…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max May 473 613 462 483 421 652 418 586 June 473 613 499 499 421 652 430 586 * –…
In January-June Metinvest produced 4.18 million tons of carbon steel, up by 8% YoY. According to the company statement, Q2 output totaled 2.19 million tons, up by 10% QoQ. (Ukrainian metal)
In January-July Yuzhniy Mining and Processing Works produced 6.33 million tons of concentrate, down by 6.2% YoY. According to the company statement, its sinter output increased by 21.9% YoY, to 1.14 million tons. In July UGOK produced 923.6 thousand tons of concentrate and 225.7 thousand tons of sinter, down by 10.7% and up by 25.3%…
Month Russian market, $/t, DDP, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, DDP, $1/UAH24.854* min max min max May 635 900 720 1750 June 700 920 760 1750 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…