Russian tycoon Alexei Mordashov, the core owner of steelmaker Severstal, has suggested the government stimulate consumers to buy reinforcement steel and other products of the company at higher prices. In a letter to the Deputy Prime Minister Arkady Dvorkovich, Industry and Trade Minister Denis Manturov, and the Federal Antimonopoly Service’s Director Igor Artemyev Mordashov said…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* min max July 253 253 August 247 247 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Lvivugol miners gathered at the Lviv regional state administration demanding their salary debts for August valued at 78 million UAH to be cleared. According to the first deputy head of the Lviv regional state administration Rostislav Zamlinsky, the Ministry of energy and coal industry promised to pay 30% of the salary on October 10. The…