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)

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

Month

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

min

max

July

346

346

August

346

346

* – 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: metal companies investing in development

In H1 Ukrainian metal companies investments dropped by 16% YoY. According to the experts, this has to do with the gradual completion of investment programs, started in 2012-2013. In H1 the largest investments into their redevelopment were made by Zaporizhstal (820.9 million UAH), ArcelorMittal Kriviy Rih (743.6 million UAH) and Mariupol Ilyich Iron and Steel…

Ukraine: Zaporizhstal increases salary

Zaporizhstal has increased wages to its employees by 5%. According to the company statement, the increase was made within the framework of salary increase of Metinvest companies. This is the second time this year that the salary is increased. The first time it went up by 10%. “The salary increase will partially compensate for the…

Russia: OEMK produces 70-millionth ton of steel

The electric furnace shop of Oskol Electrometallurgical Works has produced the 70-millionth ton of steel.

According to the company statement, the output volumes were gradually increased with machinery and techniques modernization. (Ukrainian metal)

Metals of Ukraine & Russia: foundry pig iron, August 2016

Month

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

min

max

July

253

253

August

247

247

* – 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: explosion leaves Makeevka mine without electricity

The Russia-supported militants of the so-called Makeevka administration report that as the result of the “shelling” Scheglovskaya-Glubokaya mine is left without electricity, three schools and a kindergarten are damaged. 163 miners have been evacuated. There were no casualties. On the other hand, according to other officials on the separatist territory, it was not shelling, but…