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…

Ukraine: scrap 5% duty cancelled

The Verkhovnaya Rada of Ukraine has cancelled the 5% import duty on ferrous scrap. The new decree stipulates the zero imports duty instead of the current 5%. According to the industry committee head Victor Halasyuk, this is the second part of the help to the mining-metallurgical complex. “Our first step was to increase the export…

Metals of Ukraine & Russia: scrap (grade 2a), August 2016

Month

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

min

max

July

135

140

August

155

159

* – 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: Mechel-Service supplies rebars for bridge construction in Ufa

The metal-trading company of Mechel – Mechel-Service – has supplied around 3 thousand tons of rebars for the construction of the second bridge in Ufa.

The length of the bridge over the Belaya river is 836 m. (Ukrainian metal)

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

Month

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

min

max

July

544

634

August

565

634

* – 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)