Ukraine’s Prime Minister Volodymyr Groysman says that in the state budget for 2017 the government sets 1.8 billion UAH for mine restructuring and salary payments. He also supports the construction of Novovolynskaya No.10 mine. “If we can finish construction with 200-300 million UAH, let’s do it. This issue is very important”, he said. (Ukrainian metal)
Around 50 miners from Novovolynskaya mine No. 10 went on a hungry strike demanding their salary debts to be cleared. The miners haven’t been paid for 3 months. Other miners join them. They also demand to renew financing of the mine construction and the immediate arrival of the energy and coal industry minister Igor Nasalik.…
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 460 518 409 409 September 435 499 403 403 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the…
Pipes are among the most important steel products on the Russian market. According to TMK regional sales director Andrei Trofimov, in 2015 pipes accounted for 27.6% of the steel consumption on the local market, as opposed to 11.2% in the world on average. Pipe consumption increase is expected due to the revival of oil and…
Sergey Sakhnenko has been appointed the new director of the Mezhdurechensky Mining and Processing Works. According to the company statement, one of his tasks is to increase titanium ore output. He would also be responsible for certain investment projects. In January-August MGOK produced 99.4 thousand tons of products. Group DF investments exceeded 207 million UAH.…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max August 256 403 315 325 315 345 September 250 426 315 325 315 345 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16…
This year MMK plans to increase sales by 245 thousand tons YoY, to 11257 thousand tons. The local market will receive 7144 thousand tons, with 3136 thousand tons to be exported. Hot-rolled flats sales will drop to 3048 thousand tons due to the decrease in demand on behalf of pipe manufacturers; cold-rolled metal sales will…
In 2017 Energomashspetsstal will supply over 150 tons of rolls to ISD Dunaferr (Hungary). The contract for the production of 6 supporting rolls for cold- and hot-rolling mills was signed in October. Rolls will be supplied in lots, according to the agreement. (Ukrainian metal)