In January-June Russia produced 29.7 million tons of rolled metal, down by 600 thousand tons YoY. Rolled sections output dropped by 3.8% YoY, to 9 million tons, while hot-rolled sheet manufacture increased by 1.3%, to 13.7 million tons. At the same time cold-rolled sheet output fell by 5.4% YoY, to 9.8 million tons. Billets for…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 445 508 477 477 June 490 557 509 509 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 432 631 372 565 June 432 659 412 469 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
EurasiaNet.org reported on July 28 that the Tajik Aluminum Company (TALCO) continued losing money despite production at the aluminum smelter being on the increase. The Ministry of Finance (MoF) reportedly links the losses to falling metal prices on the international market and the rise in cost for inputs. The MoF said that at the end…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max May 287 314 June 265 265 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
PJSC MMC Norilsk Nickel, the world’s largest nickel and palladium producer, announces preliminary consolidated production results for the second quarter and the first half of 2016. Q2 consolidated nickel production amounted to 58 kt decreasing by 9% QoQ. Nickel output from THE Company’s own Russian feed reached 47 kt, down by 9% QoQ. The reduction…
Novovolynskaya Mine No. 10 will receive 2.5 million UAH to clear salary debts. According to the regional state administration head Vladimir Gunchik, the mine has some 4 million UAH on its accounts, but this money should be spent to buy catch gear, otherwise the State mining service could stop the operation of the mine. Miners…
In January-June industrial output in Donetsk region (without the ATO zone) increased by 5.2% YoY, but in June it was down by 9.2% MoM and by 4.7% YoY. Metal industry saw a 6.9% increase, with mining up by 10.2% and coke – by 35.7% YoY. Coal mining in June dropped by 24.7% MoM, with coke…