Ukraine: Metinvest not expecting steel prices to grow considerably

Metinvest doesn’t see steel prices growing considerably in 2017. “We believe everything will be on this year’s level”, Yuri Ryzhenkov, Metinest CEO, reported. According to him, results of the antidumping investigations by EU will be important for Ukrainian producers. “From the point of view of Ukrainian manufacturers, everything depends on antidumping investigations. If they end…

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

Month

Russian market, $/t, EXW, without VAT, $1/RUR64.91*

min

max

July

493

493

August

493

493

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Russia: NLMK Group and KAMAZ expand cooperation

NLMK Group, an international steel producer with operations in Russia, Europe and the USA, and KAMAZ, Russia’s leading heavy-duty truck manufacturer, have held their first Coordinating Council. At a meeting held in Naberezhnye Chelny, the two companies discussed steel deliveries, as well as the possibility of manufacturing new machinery for NLMK, including with the use…

Russia: ChMK sinter factory overhaul finished

The Chelyabinsk Iron and Steel Works (a part of Mechel) has completed the overhaul of equipment at its sintering factory that produces raw materials for pig iron manufacture.

Some spare parts of the gas treatment equipment have also been replaced.

Some 80% of the sintering factory equipment was subject to repairs. (Ukrainian metal)

Metals of Ukraine & Russia: square billets (structural steel), August 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489*

min

max

July

245

397

August

256

390

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: MGOK and Valki-Ilmenit ilmenite output in January-August 2016

In January-August Mezhdurechensky Mining and Processing Works and Valki-Ilmenit, both a part of Group DF, produced 132.1 thousand tons of 42% ilmenite concentrate. In particular, MGOK produced 99.4 thousand tons, while Valki-Ilmenit yielded 32.7 thousand tons. “The output volumes of both companies correspond to our target figures. We intend to increase output in response to…

Russia: Krasnoyarskkrayugol yields 3.9 million tons of coal in January-September 2016

In January-September enterprises of the Krasnoyarskkrayugol mined 3.9 million tons of coal, up by 231 thousand tons from the target figure.

The companies are steadily increasing their capacities. This year Krasnoyarskkrayugol plans to mine 6 million tons of coal. (Ukrainian metal)

Ukraine: Lviv needs 1 billion UAH to modernize mines

Lviv regional state administration evaluates the modernization of all its mines at 1 billion UAH. “To modernize all mines, long faces, etc. we need 1 billion UAH”, Rostislav Zamlynsky, deputy head of the Lviv regional state administration, reported. According to him, the administration has already created a list of mines that need to be modernized…

Russia: Profil-Akras output in September 2016

In September the Profil-Akras Pipe Works produced 13.3 thousand tons of products.

The company sold 13.5 thousand tons of products in September. 3.1 thousand tons were exported, with 25% of this volume going to Europe.

Profil-Akras intends to increase exports. (Ukrainian metal)

Metals of Ukraine & Russia: scrap (grade 3a), August 2016

Month

Russian market, $/t, FCA, without VAT, $1/RUR64.91*

min

max

July

62

163

August

62

169

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Metals of Ukraine & Russia: beams (structural steel), August 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR64.91*

min

max

July

581

775

August

581

775

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)