Russia: MMK starts exporting metal to Iran through Kazakh port

A batch of ferrous rolled metal produced at Magnitogorsk Iron and Steel Works has been successfully shipped from the Aktau Sea North Terminal (Kazakhstan). The first lot to Iran was shipped by KTZ Express. “The multi-modal transportation development project, that has connected railroad, sea transportation and logistics, will increase the transit-transport potential of Kazakhstan, as…

Azerbaijan: AKPS closing down

Azerbaijan is closing down its Steel Production Complex. Azerbaijani Steel Production Complex was created in April 2013 to design, construct and manage the steel-manufacturing works. The complex had to deal with ore mining through steel-smelting. By 2018 Azerbaijan also planned to have created several works and shops to be managed by the complex, in particular…

Ukraine: major Kominmet shareholder sells stake

An individual, a major shareholder of Dniepropetrovsk Iron and Steel Works named after Komintern (Kominmet) has sold his 19.7787% of shares and ceased being an owner of the company.

Kominmet specializes in the production of steel pipes and metal coating. (Ukrainian metal)

Ukraine: iron ore export-import in 2016

In 2016 Ukraine exported 39.2 million tons of iron ore and concentrate valued at $1.827 billion. According to the State Fiscal Service, China was the largest importer of iron ore – $627.32 million, or 34.33% of the total exports. Czech Republic purchased $194.87 million worth of iron ore (10.67%), Poland – $192.21 million (10.52%). Other…

Ukraine: DFDK on the brink of collapsing

Citizens of the Russia-supported terrorist occupied town of Dokuchayevsk become more and more dissatisfied with the so-called Donetsk People’s Republic authority activities in respect to the worsening situation at the Dokuchayevsk Flux-Dolomite Complex. In particular, the changes of the company management, imposed by the DPR representatives, didn’t have a positive impact: the salary debts continue…

Ukraine: coal output up in 2016

In 2016 Ukraine mined 40.86 million tons of coal, up by 2.82% YoY, or by 1.12 million tons. According to the Ministry of energy and coal industry, energy-generating coal output increased by 3.45% YoY, or by 1.09 million tons, to 32.5 million tons, coking coal – by 0.44%, or by 36.28 thousand tons, to 8.36…

Ukraine: AMKR leader in automation and information technology in 2016

Association of Process Automation Companies of Ukraine (АPACU), by summarizing their performance in 2016 named PJSC “ArcelorMittal Kriviy Rih” the winner in categories “Leader of the Year” and “Innovators 4.0” in automation and information technology. АPACU emphasized that the company played an important role in creation of 4.0 Industry Campaign in Ukraine involving Siemens, Schneider…

Belarus: metal exports via BUCE up in 2016

Merchandise export via the Belarusian Universal Commodity Exchange (BUCE) rose by nearly 30% in 2016, BUCE Press Secretary Roman Yaniv reported. According to the source, the sum of export deals facilitated by the Belarusian Universal Commodity Exchange totaled Br629 million in 2016, up by 29% YoY. The export of metal products rose by 7% primarily…

Metals of Ukraine & Russia: cold-rolled coils, November 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499*

min

max

October

482

488

November

439

505

* – 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)

Russia: ferrous metals railroad transportation down in 2016

In 2016 Russian railroads transported 1.222 billion tons of cargo, up by 0.6% YoY.

In particular coal transportation grew by 1.7% YoY, to 328.6 million tons, iron and manganese ore – by 0.5%, to 109.5 million tons. At the same time transshipment of ferrous metals dropped by 0.5% YoY, to 71.01 million tons. (Ukrainian metal)

Metals of Ukraine & Russia: bars (structural steel), November 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR64.9*

min

max

October

493

493

November

493

493

* – 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)

Ukraine: scrap export-import in 2016

In 2016 Ukraine exported 272.569 thousand tons of scrap, down by 77.5% YoY. According to the customs statistics, published by the State Fiscal Service of Ukraine, exports also fell by 83.3% YoY, to $48.623 million. In particular, in July-September 2016 Ukraine did not export any scrap, with 6.855 thousand tons exported in October 2016, 11.862…