In January-August Russia increased primary aluminum output by 1.5% YoY, with aluminum-based alloys output up by 11.8%. According to the Federal Service of State Statistics, aluminum foil output dropped by 12.4%, but that of rods and sections went up by 2.6%, plates, sheets, strips and bars – by 13.2%. (Ukrainian metal)
The Ministry of energy and coal industry ponders the opportunity to have an open tender to import uranium ore, according to the ministry head Igor Nasalik. “We’re discussing the possibility of a tender to buy uranium ore, as we believe that it is sold at too high prices”, he said. The ministry is also discussing…
Month Russian market, $/t, DDP, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, DDP, $1/UAH24.798* min max min max June 720 975 810 930 July 710 980 830 930 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…
As of September 21, salary debts to the employees of the state coalmining companies have reached 550 million UAH, according to the energy and coal industry minister Igor Nasalik. He added that without 1 billion UAH planned in the state budget for 2017 it would be impossible to stabilize salary payments next year. (Ukrainian metal)
Shareholders of Zaporozhye Iron Ore Complex have renewed its supervisory board, having dismissed three out of four members and replacing legal entities with individuals. According to the company statement, Minerfin A.S., owning 51.1698% of the company shares (Slovakia), KSK Consulting A. S. (19.0632%, Czech Republic) and the former Zaporizhstal commercial director Vladimir Bayda have left…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max June 227 227 247 285 230 280 235 280 July 227 227 240 256 235 253 238 253…
Asha Iron and Steel Works has completed the repairs at its electric furnace shop No. 2 with the replacement of the electric arc furnace hearth. The hearth has served for over 700 smeltings. To replace the hearth lining 100 tons of refractory bricks will be needed. Next time the EAF will be stopped for the…
Igor Kublitsky, the deputy financial director-chief accountant of ArcelorMittal Kriviy Rih has been appointed acting financial director-chief accountant. According to the company official information, the previous acting financial director-chief accountant Pavel Zadorozhny, who has been in the office for a month, has been dismissed. Kublitsky has been appointed from September 20, 2016 till June 30,…