In October-November metal products in Siberia will become more expensive. According to Andrei Sosedko, head of Ferrum, hot-rolled metal price will go up because of the world markets price increase. The November rise is explained by the coking coal price increase, as it constitutes 20% of the metal prime cost. (Ukrainian metal)
Corum Group believes the high prices for coking coal will remain until at least April 2017. “It’s difficult to say what will be after that, as the situation depends on many macroeconomic factors”, Denis Shemyakin, the company marketing director, said. According to him, world coal prices have been constantly growing since the year started. For…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* min max June 477 477 July 477 477 * – 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)
Metalloinvest is negotiating the transit of 5 million tons of mining products through Ukraine with Ukrzaliznytsia and the TIS group. “We have a client who wants to transport 5 million tons of products to Ukraine. That’s transit. We have decreased transshipping tariffs in the port, but we are still uncompetitive. If Ukraine doesn’t take this…
For metal industry to start growing it needs a clear tariff policy, no discrimination of Ukrainian products on European market and access to loans, according to Metinvest CEO Yuri Ryzhenkov. He said mining-metallurgical industry was one of the main bases of Ukrainian economy. “It gives work to adjacent industries. To transport, energy, and machine-building”, he…