Coal stocks in the warehouses of thermal power plants (TPP) of Ukraine from December 25, 2016 till January 2, 2017 increased by 3%, from 1.7 million tons to 1.751 million tons, Ukrenergo has reported. In particular, anthracite coal stocks grew by 1.6%, to 891,000 tons (including 128,000 tons at Luhansk TPP), while gas coal and…
In 2016 Electrostal produced 326.187 thousand tons of continuous cast billet, up by 8.9% YoY. According to the company statement, in December 2016 it produced 27.569 thousand ton of billets. Sales in 2016 went up by 8% YoY, to 325.352 thousand tons. In December 2016 Electrostal exported 24.449 thousand tons of billets, with 313.1 thousand…
Month Russian market, $/t, FCA, without VAT, $1/RUR64.9* min max October 62 185 November 77 196 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In 2016 Mariupol Ilyich Iron and Steel Works, a part of Metinvest, decreased natural gas and electricity consumption, saving $11.157 million. Last year the company saved 42.85 million cubic meters of gas and 19.4 million kW-h of electricity, CEO Yuri Zinchenko reported. According to him, energy resources consumption in steel manufacture totaled 7% of electricity…
Expert Council of the Industry’s Development Fund approved 12 preferential loans amounting up to 2.93 billion rubles (approximately $48.305 million). According to one of them, company Rare Metals of Siberia plans to organize a plant to process beryllium ores into pure beryllium and its compounds. Rare Metals of Siberia has a technology for primary raw…
Eurasian Development Bank (EDB) and the Industrial Metallurgical Holding (IMH) signed a loan agreement to boost iron ore outputs. The document was signed by Konstantin Limitovsky, Deputy Chairman of the Management Board at EDB, and Evgeny Zubitskiy, President of IMH. In accordance with the agreement, EDB will provide $90 million to IMH for eight years.…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max October 552 775 521 571 472 762 November 552 775 521 571 472 762 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to…
ArcelorMittal Kriviy Rih launched geological engineering survey at the construction site of future LF-CC No. 2. On January 3, R&D Institute Mekhanobrchermet commenced the works; the first wells have been drilled at construction site. The plan is to drill approximately 50 wells in January, thus to receive accurate information about geological conditions of the site…