In March Metinvest EBITDA was on the level of $91 million. According to the company statement, it has increased its revenues by 10.21% MoM, or by $43 million, to $464 million. In February Metinvest EBITDA totaled $42 million. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* Export, Ukraine, $/t, FOB Black sea ports min max min max min max March 280 395 273 282 350 400 April 317 451 282 356 440 490 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16…
In 2015 three Ukrainian companies entered the list of world’s largest metal companies. The first place, as in 2014 held ArcelorMittal, owner of ArcelorMittal Kriviy Rih. Last year the corporation produced almost 100 million tons of steel. Evraz Group dropped from 22 to 25 with 14.35 million tons of steel. The group owns Evraz Dneprovsky…
Metinvest B.V. has announced that a non-binding heads of terms (heads of terms) for the restructuring of its notes and PXF facilities has been agreed upon. Among other terms, the heads of terms include: an extension of Metinvest’s debt maturities by up to 5.5 years until the end of 2021, including 2.5 years of grace…
Month Russian market, $/t, FCA, without VAT, $1/RUR64.3334* min max March 62 148 April 62 165 * – 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)
Magnitogorsk Iron and Steel Works on May 27, held its Annual general meeting of shareholders (AGM) in Magnitogorsk. The AGM approved of MMK’s annual report and financial statements for FY 2015 and resolved to pay a dividend for the 2015 financial year of RUB 0.31 per common share of issued stock (incl. tax). Earlier shareholders…
One of the largest lithium deposits in Europe, situated in Kirovograd region, has been given to Ukrainskiye redkiye metally LLC (Ukrainian rare metals). On May 20, Kirovograd regional council voted to allow the company to work at the deposits. The company is believed to be connected with Alexander Pavlyuchenko, a well-known criminal. (Ukrainian metal)
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max March 195 289 310 325 305 325 April 205 289 375 425 375 425 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16…