Metals of Ukraine & Russia: squares (ordinary steel), September 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897*

min

max

August

418

418

September

424

424

* – 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 Russian Federation. (Ukrainian Metal)

Ukraine: EMSS to supply ingots to Germany

Energomashspetsstal has received an order from Rothe Erde (a part of ThyssenKrupp AG) for the delivery of 500 tons of round ingots.

According to the company statement, the products have to be supplied in December. The ingots will be used to produce various parts. (Ukrainian metal)

Ukraine: metal exports down in January-October 2016

In January-October Ukraine decreased metal exports by 14% YoY, to $5.99 billion, or 20.58% of the total export earnings, as opposed to 22.22% in January-October 2015.

Metal export revenues totaled $621.97 million in October.

At the same time metal imports went up by 15% YoY, to $674.57 million, including $72.84 million in October. (Ukrainian metal)

Russia: Severstal CEO Vadim Larin leaves company

Vadim Larin, CEO of Russian steelmaker Severstal, has left the company of his own wish, the company said in a statement.

CFO Alexei Kulichenko became acting CEO, Severstal said. (Prime/Ukrainian metal)

Russia: NLMK produces new steel grade for Hyundai and Kia

NLMK Group, an international steel making company with operations in Russia, the USA and EU member states, has delivered a trial batch of new high-strength hot-dip galvanized steel to the Hyundai Motor Manufacturing Rus automobile manufacturing plant in St. Petersburg. The new grade of rolled steel, designated SGRC440 and classified as high-tech steel, was previously…

Ukraine: safety issues worsen at state mines

In 2015-2016 Ukraine hasn’t spent anything on industrial safety at state-run coalmines. The 2017-budget doesn’t stipulate any money either. “Mining output decreases, while accidents at mine increase. This year saw twice as much miners killed than last year”, the Independent Miners Union chairman Mikhail Volynets said. In early October supplies of self-rescuers to state mines…

Ukraine: Makeevugol to merge 2 mines

Yasinovskaya-Glubokaya mine of the state enterprise Makeevugol will merge with Severnaya mine.

The director of the former becomes the director of the latter. It’s unclear what becomes with the Severnaya director.

All miners will remain employed. (Ukrainian metal)

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

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897*

min

max

August

463

491

September

441

451

* – 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 Russian Federation. (Ukrainian Metal)

Ukraine: government to support Novovolynsk mine construction

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)

Russia: steel pipes consumption to grow

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…

Russia: MMK to increase sales in 2016

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…

Ukraine: EMSS to work for Dunaferr

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)