In January-May Ukraine produced 10.54 million tons of carbon steel, up by 14% YoY. This is preliminary data by Metallurgprom, while more precise information is expected after June 10. Pig iron output increased by 21%, to 10.11 million tons, that of rolled metal – by 16.5%, to 9.32 million tons. Coke production went up by…
Ukraine’s Prime Minister Vladimir Groysman went to see Mariupol Ilyich Iron and Steel Works of Metinvest Group as part of his visit to Mariupol. He observed the reconstruction of a sinter plant, the biggest environmental project in the history of Ukraine’s independence, with the five-year investment making $220 million. Vladimir Groysman visited a converter shop.…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max March 307 383 April 327 426 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Ukraine intends to prolong its contracts with Russia on uranium processing. “This year we plan to prolong the contract, the parties are discussing all the matters”, said the national nuclear energy company Atomproektinzhiniring director Alexander Rybchuk. This year Ukraine doesn’t intend to change delivery volumes. But parties haven’t discussed plans for 2017 yet. (Ukrainian metal)
Two mines, situated in the occupied territory of Donetsk region, were cut from electricity following night shelling. At midnight Mine named after Zasyadko came under fire. An hour later the electricity was supplied and the mine started operating in normal order. There were no casualties. The same night Butovskaya mine lost electricity due to shelling.…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.3334* min max March 497 497 April 497 497 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
The state enterprise United Mining and Chemical Company goes on exporting its products via Bollwerk Finanzierungs-und Industriemanagement AG, according to the data of ilmenite and titanium concentrate exports at Ukrainian ports. In particular, Bollwerk is the supplier of UMCC products in the ports of Odessa and Ismail. In January-April UMCC exported 14 thousand tons of…
In 2015 Corum Group received 632 million UAH of losses, down 3 times YoY. Its revenue went up by 7% YoY, to 1.7 billion UAH, while its EBITDA grew to minus 91 million UAH from minus 351 million UAH in 2014. “We understand that the market situation is still complex. Low prices for raw materials…