U.K.-based steel and mining giant Evraz, which operates mainly in Russia, expects that coal prices will remain high at least during the next six months, Sergei Stepanov, vice president and head of the coal division, said. The coal price was below $100 per ton at the beginning of the year and grew to over $200…
Metinvest is studying the possibility to buy new cargo cars because of the crisis situation on the railroad transportation market. “Now it’s possible to use private cars. There are no problems with buying cars at present. Ferrexpo buys them, we’re also looking into it”, Metinvest CEO Yuri Ryzhenkov said. According to him, Metinvest has some…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max June 277 376 July 252 408 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In August Ukraine imported $17.04 million worth of coke, with exports at $3.01 million. According to the State Fiscal Service, the main supplier of coke in August was Russia ($9.2 million). In January-August Ukraine imported $164.49 million worth of coke, while exports totaled $18.54 million. (Ukrainian metal)
In October Ukraine will produce 2 million tons of steel, 2 million tons of pig iron and 1.7 million tons of rolled metal, according to Ukrmetallurgprom. The same indexes were targeted for September. In August Ukraine produced 1961 thousand tons of pig iron (with average daily output at 63.3 thousand tons, down by 6% MoM,…