Month Russian market, $/t, FCA, without VAT, $1/RUR67.05* min max June 60 186 July 60 158 * – 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 Russian Federation. (Ukrainian Metal)
Grant Thornton has estimated the cost of Irshansk Mining and Processing Works and Volnogorsk Mining and Processing Works at 1.7 billion UAH. Thus the cost of the subsidiary assets has increased two-fold since 2014. “The estimate of the assets belonging to the United Mining and Chemical Company, the owner of the 2 GOKs, is a…
Kola MMC, the Nornickel subsidiary, added innovative rolling stock to its rented tank car fleet for sulfuric acid transportation. The company received 73 tanks of higher capacity. Railcars with increased bogie axial load up to 25 tons per axis (compared to 23 tons for conventional railcars) are an innovative rolling stock. Loading capacity of the…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max June 535 750 521 571 422 569 July 535 750 521 571 422 569 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to…
In January-August Central Mining and Processing Works produced 1.57 million tons of pellets, up by 0.2% YoY. According to a company representative, CGOK iron ore concentrate dropped by 15.4% YoY, to 3.55 million tons. In August the company produced 213 thousand tons of pellets and 455 thousand tons of concentrate. (Ukrainian metal)
In August Electrometallurgical works Dneprospetsstal named after A. Kuzmin produced 19835 tons of steel and 13911 tons of rolled metal, down by 5% and up by 5.5% MoM respectively. The total cost of the commodity output was 152693 UAH (in established prices), down by 8,4% MoM. In H1 2016 the company produced 132858 tons of…
In January-August Poltava Mining and Processing Works exported 7.68 million tons of iron ore pellets. PGOK pellets mostly went to Europe and Near East, as well as Japan, Korea and China. Central Mining and Processing Works exported 1.41 million tons of pellets. At the same time PGOK produced 7.52 million tons of iron ore pellets,…
In August Ukraine produced 1903 thousand tons of steel, down by 7.6% MoM, or by 156 thousand tons. In January-August steel output increased by 8.9% YoY, or by 1343 thousand tons, to 16379 thousand tons. (Ukrainian metal)