Ukraine: Ogneupornerud profits in 2015
In 2015 Ogneupornerud received 27.79 million UAH of net profits. According to the company statement, its net income went down by 0.4% YoY, or by 0.36 million UAH, to 90.69 million UAH. (Ukrainian metal)
In 2015 Ogneupornerud received 27.79 million UAH of net profits. According to the company statement, its net income went down by 0.4% YoY, or by 0.36 million UAH, to 90.69 million UAH. (Ukrainian metal)
In 2015 Dokuchaevsk Flux-Dolomite Complex received 198.36 million UAH of losses. According to the company statement, its net income fell 8 times YoY, to 63.19 million UAH. (Ukrainian metal)
Energomashspetsstal has concluded an agreement with the largest heavy mechanical presses manufacturer Tyazhmekhpress (Russia) to supply spare parts. According to the company statement, it will produce a con-rod weighing 71 tons. The delivery will take place in June. (Ukrainian metal)
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max February 207 207 March 209 209 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In March Zaporozhye Ferro Alloys Plant produced 23.9 thousand tons of ferroalloys, up by 14.9% MoM, or by 3.1 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, in January-March ferroalloy output at ZZF decreased by 19.9% YoY, or by 15.3 thousand tons, to 61.4 thousand tons. (Ukrainian metal)
In January-March Metinvest produced 7911 thousand tons of iron ore concentrate, down by 3.7% QoQ, or by 307 thousand tons. Severniy and Central GOKs produced 145 thousand tons and 186 thousand tons of concentrate less respectively, though Ingulets GOK increased output by 29 thousand tons. The output decrease was the result of the price and…
In 2016 Dneprovsky Iron and Steel Works named after Dzerzhinsky plans to increase steel output by 33.08% YoY, or by 789 thousand tons, to 3.09 million tons. According to the company statement, it also intends to produce 5025.9 thousand tons of sinter (3946.7 thousand tons in 2015) and 2879.3 thousand tons of pig iron (2324.5…
Ceramet believes that ferrous scrap exports with duty of 30 euro per ton will become unprofitable if the scrap prices drop to $200 per ton FOB Black Sea. In this case the duty will start limiting the exports. “As the duty is not linked to the price situation, its effects on the local market can…