Metals of Ukraine & Russia: hot-rolled coils, August 2016

Month

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

min

max

July

393

395

August

384

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)

Russia: Izhstal output up in January-September 2016

In January-September Izhstal (a part of Mechel) produced 282 thousand tons of metal, up by 48% YoY.

Sales increased by 51%. Steel and rolled metal output went up by 24% and 33% YoY respectively.

In September the works sold 46.2 thousand tons of metal, an absolute record for the last 25 years. (Ukrainian metal)

Ukraine: AMKR to invest $1.5 billion into development

ArcelorMittal Kriviy Rih plans to invest $1.5 billion into development until 2020. “We would go on with our investment activities”, Paramjit Kahlon, the company CEO, explained. For the past 10 years AMKR has been investing some $250 million each year. According to Kahlon, the works operation has a positive impact on the economical situation in…

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

Month

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

min

max

July

446

477

August

463

491

* – 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 sales up in Q3 2016

In January-September NLMK produced 12.3 million tons of steel, up by 2% YoY. Capacity loading increased by 1%, to 95%. Sales totaled 12.29 million tons, up by 2% YoY, including 4.36 million tons of semi-finished products, up by 1%, and 7.92 million tons of finished products, up by 3%, in particular 6.26 million tons of…

Russia: SinTZ supplies Surgutneftegaz with casing pipes

Sinarsky Pipe Works (a part of TMK) has produced a batch of casing 146.1 mm diameter pipes with the total weight of 788.7 tons and shipped them to Sugrutneftegaz.

The pipes will be used in gas, gas-condensate and oil fields of the North at minus 600 degrees C. (Ukrainian metal)

Russia: MMK section sales up in Schelkovo

In January-August Magnitogorsk Iron and Steel Works trading house in Schelkovo increased its sections sales share in the Central region from 7% to 12%, while the market itself dropped by 2% since the beginning of the year.

But the trading house sales went up by 76% YoY, to 42 thousand tons. (Ukrainian metal)