U.K.-based steel and mining giant Evraz, which operates mainly in Russia, expects that coal prices will remain high at least during the next six months, Sergei Stepanov, vice president and head of the coal division, said. The coal price was below $100 per ton at the beginning of the year and grew to over $200…
Metinvest is studying the possibility to buy new cargo cars because of the crisis situation on the railroad transportation market. “Now it’s possible to use private cars. There are no problems with buying cars at present. Ferrexpo buys them, we’re also looking into it”, Metinvest CEO Yuri Ryzhenkov said. According to him, Metinvest has some…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max June 277 376 July 252 408 * – 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)
In August Ukraine imported $17.04 million worth of coke, with exports at $3.01 million. According to the State Fiscal Service, the main supplier of coke in August was Russia ($9.2 million). In January-August Ukraine imported $164.49 million worth of coke, while exports totaled $18.54 million. (Ukrainian metal)
In October Ukraine will produce 2 million tons of steel, 2 million tons of pig iron and 1.7 million tons of rolled metal, according to Ukrmetallurgprom. The same indexes were targeted for September. In August Ukraine produced 1961 thousand tons of pig iron (with average daily output at 63.3 thousand tons, down by 6% MoM,…
In August Ukraine produced 83.1 thousand tons of ferroalloys, down by 9.9% MoM, or by 9.1 thousand tons. According to Association of Ukrainian Ferroalloy Producers, in January-August Ukraine produced 665.2 thousand tons of ferroalloys, up by 6.9% YoY, or by 42.7 thousand tons. (Ukrainian metal)
The State Property Fund has compiled a list of state assets for privatization and is busy working out its terms. In particular Zaporozhye Aluminum Works and Zaporozhye Titanium and Magnesium Works are among companies to be privatized in 2016. (Ukrainian metal)
The supervisory board of Trubostal has approved of the contract with Metalo Perkyba (Lithuania) for the delivery of steel electric welded cold-rolled pipes valued at 500 thousand euro. According to the company statement, this equals 14.57 million UAH. In 2015 Trubostal received 4 million UAH of net profits, having increased its net income by 50%…