Norilsk Nickel has decreased its own forecast on non-ferrous and precious metals output in 2016. In particular, nickel output is expected to fall to 195-200 thousand tons from 206-212 thousand tons of the previous forecast. The decrease would be the result of repairs at Talnakh processing factory. In 2015 Nornickel produced 266 thousand tons of…
In January-September the state company Demidov saw increase in rolled sections sales by 22% YoY. Pipe sales went up by 9% YoY in H1 2016 due to the dramatic activation of metal traders following the February-May price increase. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* Export, Ukraine, $/t, FOB Black sea ports min max min max min max August 383 529 342 384 365 375 September 343 529 318 421 345 365 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16…
Zaporizhstal has finished assembling the Mammoet crane with the lifting capacity of 1600 tons. According to the company statement, its height is 143 meters, which almost equals the height of the Pyramid of Khafre in Egypt. The crane would be used in the blast furnace No. 3 overhaul. “The crane will allow us to repair…
Interpipe has started importing scrap from Russia. “We intend and will buy scrap from Russia. This month we will receive our first batch”, the Interpipe economy and finances director Denis Morozov reported. According to him, Russia sees surplus of scrap of some 3 million tons per year. And the country has already imposed an export…
Month Russian market, $/t, DDP, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.897* min max min max August 780 1000 830 930 September 775 995 850 970 * – 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…
In Q3 NLMK received $385 million of net profits, down by 6% YoY. According to the company statement, its sales increased by 2%, to 4.2 million tons. Its revenues grew by 10%, to $2.25 billion. Investments fell by 29%, to $104 million, but the free cash flow increased by 28%, to $474 million. In January-September…
All the Sergey Taruta words on the National Bank of Ukraine and its management are his own position as an individual, and the Industrial Union of Donbass management and shareholders have nothing to do with them. ISD has no dealings in the social and political activities nor is it involved in public correspondence with the…