Metals of Ukraine & Russia: cold-rolled coils, September 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897*

min

max

August

463

491

September

441

451

* – 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 Russian Federation. (Ukrainian Metal)

Ukraine: government to support Novovolynsk mine construction

Ukraine’s Prime Minister Volodymyr Groysman says that in the state budget for 2017 the government sets 1.8 billion UAH for mine restructuring and salary payments.

He also supports the construction of Novovolynskaya No.10 mine.

“If we can finish construction with 200-300 million UAH, let’s do it. This issue is very important”, he said. (Ukrainian metal)

Russia: steel pipes consumption to grow

Pipes are among the most important steel products on the Russian market. According to TMK regional sales director Andrei Trofimov, in 2015 pipes accounted for 27.6% of the steel consumption on the local market, as opposed to 11.2% in the world on average. Pipe consumption increase is expected due to the revival of oil and…

Russia: MMK to increase sales in 2016

This year MMK plans to increase sales by 245 thousand tons YoY, to 11257 thousand tons. The local market will receive 7144 thousand tons, with 3136 thousand tons to be exported. Hot-rolled flats sales will drop to 3048 thousand tons due to the decrease in demand on behalf of pipe manufacturers; cold-rolled metal sales will…

Ukraine: EMSS to work for Dunaferr

In 2017 Energomashspetsstal will supply over 150 tons of rolls to ISD Dunaferr (Hungary).

The contract for the production of 6 supporting rolls for cold- and hot-rolling mills was signed in October. Rolls will be supplied in lots, according to the agreement. (Ukrainian metal)