Ilyich-Stal has sold a 99.46% stake in the Ilyichevskoye Insurance Company and is its shareholder no longer. The buyer of the shares is not disclosed. Ilyich-Stal is owned by Metinvest. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 400 2194 418 418 September 359 2194 424 424 * – 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…
In 2017 Ukraine will consume 4.6 million tons of steel, up by 7% YoY. “We see activity increase in construction, agriculture and machine-building. So we expect steel consumption to increase by 5-10%, by 7% on average”, Metinvest marketing director Roman Kurashev said. Construction and machine-building will become the main drivers behind the consumption growth. In…
ArcelorMittal Kriviy Rih has started returning land, belonging to Krivorozhstal, to the city of Kriviy Rih. In particular, 36.41 ha have been returned: 11.39 ha under the mining and processing complex in Ingulets district; 17.44 ha under furniture manufacture in Pokrovsk district; 1.78 ha and 2.99 ha under pig farms in Dolgintsev district; and 2.79…
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 241 269 217 238 240 253 248 275 September 241 269 218 257 250 255 250 260…
In January-October prices of processing companies increased by 16.2%, of mining – by 14.9% YoY. Zinc prices went up by 50.9%, ferroalloy – by 47.7%, ferrous rolled metal – by 40.1%, precious metals – by 40%, lead – by 32.8%, aluminum – by 11.6%, copper – by 8.3%. (Ukrainian metal)
Prosecutors succeeded in making ArcelorMittal Kriviy Rih pay for pollution. “A record. ArcelorMittal Kriviy Rih has paid 72.69 million UAH to the state for abnormal pollution”, the general prosecutor of Ukraine Yuri Lutsenko said. (Ukrainian metal)