Month Russian market, $/t, EXW, without VAT, $1/RUR75.0903* min max January 53 111 February 53 118 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 29.02.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
The Commercial Court of Cherkassy region has initiated a case of the Trading House “Ukrainian Mining Company” bankruptcy.
Month Russian market, $/t, EXW, without VAT, $1/RUR75.0903* Ukrainian market, $/t, without VAT, EXW, $1/UAH27.054389* min max min max January 368.89 368.89 340.68 340.68 February 368.89 368.89 350.33 350.33 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 29.02.16 according to the National Bank of Ukraine and the Central Bank of the…
In late March Pakistan imposed additional duties on rolled metal from Ukraine. Ukrainian metal makers could lose $2-5 million.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH27.054389* min max January 218.99 218.99 February 272.35 272.35 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 29.02.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Metinvest is forced to resume sea delivery routes to Mariupol Ilyich Iron and Steel Works and Azovstal. The reason for this is the low acceptance rate of the Kamysh-Zarya – Volnovakha span, the only railroad that connects Mariupol to the rest of Ukraine.
Interpipe has signed a license agreement with JFE Steel Corporation to produce JFEBEAR thread connection.
In January-March Ferrexpo plc, owner of Poltava and Yeristovo Mining and Processing Works, produced 2.88 million tons of pellets, up by 0.05% YoY, or by 1.4 thousand tons.