Ukraine: AMKR local sales down in 2015
In 2015 ArcelorMittal Kriviy Rih decreased metal sales in Ukraine to 0.5 million tons.
In 2015 ArcelorMittal Kriviy Rih decreased metal sales in Ukraine to 0.5 million tons.
In 2015 ferrous scrap procurement in Ukraine fell to 4.3 million tons, down by 1 million tons, or by 19% YoY.
Month Russian market, $/t, EXW, without VAT, $1/RUR72.883* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max November 378.69 579.01 521.00 561.00 513.00 658.00 December 378.69 579.01 521.00 561.00 513.00 658.00 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.12.15 according to…
Verkhovnaya Rada will review the decree of changes into some Ukrainian laws as to the decrease of ferrous scrap deficiency on the local market in order to meet defense industry demands and restore infrastructure.
Month Russian market, $/t, EXW, without VAT, $1/RUR72.883* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.001* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max November 361.97 533.94 352.52 420.70 315.00 315.00 325.00 325.00 December 361.97 533.94 349.78 406.27 315.00 315.00 320.00 325.00…
In 2015 Ukraine exported 3.1 million tons of rolled metal, down by 15.3% YoY, and earned $6.4 billion, down by 39% YoY.
In 2015 Ukrainian metal makers increased their losses by 31.6% YoY, or by 7.5 billion UAH, to 31.2 billion UAH.
In January Poltava Mining and Processing Works received the largest VAT reimbursement – 720.8 million UAH – among mining and metallurgical companies.