In September Ukrainian companies received 286 thousand tons of scrap, up by 45 thousand tons MoM. Scrap was not exported in July-September due to the absence of the law on the scrap export duty increase to 30 euro per ton. In mid-September the decree came into effect, thus probably triggering the start of exports in…
In Q3 Rusal produced 920 thousand tons of aluminum, with sales up by 2.4% QoQ, to 981 thousand tons. The average price of aluminum in Q3 went up by 2.5% QoQ, to $1754 per ton. In January-September Rusal produced 2756 thousand tons of aluminum, up by 1.2% YoY, with sales up by 4.9% YoY, to…
In Q3 Nikolaev Alumina Works, a part of Rusal, produced 363 thousand tons of alumina, down by 1.9% QoQ. Alumina output in January-September totaled 1.1 million tons, up by 0.9% YoY. Rusal’s Russian aluminum plants decreased alumina production, while its foreign assets increased. The total alumina output in Q3 reached 1.86 million tons, and 5.58…
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 34 40 31 36 September 37 44 31 35 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the…
Evonik Industries (Germany) has started the overall quality certification of the Zaporozhye Titanium and Magnesium Works products, a part of Group DF. As the result of the certification ZTMK intends to receive the right to sell its products to the German company. In particular ZTMK plans to supply titanium tetrachloride. The parties started negotiations in…
In January-September Zaporozhye Aluminum Works, the sole primary aluminum producer in Ukraine, received 527.33 million UAH of losses, down 2.5 times, or by 809.55 million UAH YoY. According to the company statement, its net income totaled 1 million UAH (no income in January-September 2015). In Q3 ZALK received 245.74 million UAH of losses. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max August 445 659 398 413 370 380 360 385 September 424 659 387 454 390 400 380 400…
Belarus, that has previously blocked duties on ferrosiliomanganese imported from Ukraine to the Eurasian Economic Union, has now agreed to impose a protective measure in exchange for the 20% discount from ChEMK (Chelyabinsk Electrometallurgical Works). In June the EEC imposed a 5-year duty of 26.35% on Ukrainian ferrosiliomanganese (Ukraine supplied $200 million worth of ferrosiliomanganese…