The largest global aluminum producer Rusal wants to supply all the metal produced to Russia in the long run, Sales Director for Russia and CIS Roman Andryushin said. Rusal expects aluminum consumption to grow from 1.4 million tons per year at present to 2.5 million tons by 2024, the manager said. (TASS/Ukrainian metal)
In 2016 Poltava Mining and Processing Works intends to slightly increase pellets output from the last year level of 11.6 million tons. According to PGOK chairman Victor Lotous, in the first half of the year the company decreased overall pellets output, but increased pellets output of its own ore by 200 thousand tons YoY. He…
Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max min max April 308 641 370 370 May 419 705 504 558 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the…
In January-June Severniy Mining and Processing Works produced 4.65 million tons of pellets, up by 13.2% YoY. According to the company statement, concentrate output dropped by 0.8% YoY, to 6.26 million tons. In June SevGOK produced 750 thousand tons of pellets and 983 thousand tons of concentrate down from 812 thousand tons and 1.01 thousand…
In January-June Interpipe Steel produced 304 thousand tons of steel, up by 5.2% YoY. According to the company statement, in June the works produced 61 thousand tons of steel up from 51 thousand in May. In 2015 Interpipe Steel produced 596 thousand tons of steel, down by 32% YoY. Because of the lack of scrap,…
Supervisory board of Ingulets Mining and Processing Works has extended the office of the acting general director Alexander Gerasimchuk by 8 and half months from July 16, 2016 till April 3, 2017. The ex-managing director of Evrazruda A. Salkov was appointed InGOK CEO from August 21, 2013 till April 4, 2014. At the end of…
In 2016 Ferrexpo-owned Yeristovo Mining and Processing Works plans to keep production on the level of 2015 – at 15 million tons of ore. Output volumes depend on orders from Ferrexpo and Poltava GOK, where this ore is turned into pellets. EGOK cannot process ore by itself as yet. Fe content in the EGOK-mined ore…
In August Ukrainian metal companies might decrease steel and rolled metal output by 4.5% and 5.3% MoM, to 2.1 million and 1.8 million tons respectively. According to Ukrmetallurgprom, pig iron output will remain on July levels – 2.1 million tons. In January-June steel output went up by 10% YoY, to 12.41 million tons, that of…