Ukraine: metal output forecast for November 2016

Ukrmetallurgprom believes that in November steel output will total 1.9 million tons, with pig iron production at 1.9 million tons and rolled metal at 1.7 million tons. In September Ukraine produced 1.86 million tons of steel, 1.83 million tons of pig iron and 1.74 million tons of rolled metal. In January-September steel output totaled 18.23…

Russia: NLMK to increase exports

Novolipetsk Iron and Steel Works plans to increase sales of rolled metal for construction in 2016 by 20% YoY. “The increase will be reached due to opening new markets”, finance vice-president and section director Grigory Fedorishin said. “In 2015 demand for rolled metal for construction dropped by 17%, and this year we have lost 10-15%…

Ukraine: DTEK Dobropolyeugol coal mining up in Q3 2016

In July-September DTEK Dobropolyeugol mined 633.8 thousand tons of G-grade coal, up by 25% QoQ.

The coal has been supplied to Ukrainian thermal power plants.

Since the beginning of the year Dobropolyeugol miners yielded 2.1 million tons of coal.

In Q3 DTEK mined 7.8 million tons of power-generating coal, up by 29% QoQ. (Ukrainian metal)

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…