Russia: NLMK Group opens sales office in Peru

NLMK Group, an international steel producer with operations in Russia, the EU and the USA, has opened a new sales office in Lima, Peru. The new sales office and warehouse will not only bolster NLMK Group’s position in the prospective Peruvian market but also provide convenient supply routes to the entire South American Pacific coast.…

Ukraine: Lugansk region miners paid 25 million UAH of salary debt

Lisichanskugol and Pervomayskugol miners have been paid 25 million UAH of salary debts.

According to the regional administration press-service, money was transferred after the regional head Yuri Garbuz had talks with the state enterprise Derzhvuglepostach. Lisichanskugol received 10 million UAH, while Pervomayskugol was paid 15 million UAH for the coal mined. (Ukrainian metal)

Ukraine: flat-rolled metal export-import in August 2016

In August Ukraine exported $191.12 million worth of flat-rolled metal, while imports reached $60.29 million.

According to the State Fiscal Service, Russia was the main importer of Ukrainian flat-rolled metal in August ($48.33 million).

In January-August Ukraine exported $1208.38 million worth of flat-rolled metal, with imports on the level of $357.84 million. (Ukrainian metal)

Russia: Severstal pessimistic about output

In July-September Severstal plans to keep output volumes on the level of Q3 2015, at 2.89 million tons. “Taking into account the seasons, output volumes will be stable, on the last year levels”, said the company chairman Alexei Mordashov. In Q2 Severstal decreased steel smelting by 3% QoQ, to 2.81 million tons. In January-June output…

Ukraine: metal makers to lose $700 million

The new antidumping investigation by the European Commission as regards Ukrainian manufacturers of hot-rolled metal could result in Ukraine losing the market valued at $700 million a year. According to the head of the Verkhovnaya Rada industrial policy committee Victor Halasyuk, that’s 2% of Ukraine’s exports. “This will not only weaken the competitive positions of…

Ukraine: steel semis export-import in August 2016

In August Ukraine exported $208.07 million worth of steel semi-finished products, with imports at $1.46 million.

According to the State Fiscal Service, in August the main consumer of Ukrainian flats was Egypt ($81.59 million).

In January-August Ukraine exported $1535.02 million worth of steel semis, while imports totaled $8.31 million. (Ukrainian metal)

Ukraine: casting market

Ukraine produces some 200 thousand tons of castings per year. In 2015 it exported around 102 thousand tons. Russia (40796 tons, or 40.05%), Germany (8670, 8.51%), Poland (7266 tons, 7.13%), Kazakhstan (6103, 5.99%) and Czech Republic (2602 tons, or 2.55%) are the main consumers of Ukrainian castings. These countries take up 64% of Ukrainian exports.…

Ukraine: metal output in Donetsk region in January-August 2016

In January-August Donetsk region (without the antiterrorist operation zone) increased industrial output by 6.9% YoY. August output went up by 0.9% MoM and by 15.4% YoY. Metal industry output increased by 7.6% YoY, that of mining – by 11.3%, of coke – by 26.5%. Coalmining increased by 13.2% YoY, to 9.5 million tons, with coke…

Ukraine: ferroalloys export-import in August 2016

In August Ukraine exported $58.84 million worth of ferroalloys, while imports totaled $5.06 million.

According to the State Fiscal Service, the main consumer of Ukrainian ferroalloys in August was the Netherlands ($11.76 million).

In January-August Ukraine exported $458.24 million worth of ferroalloys, with imports at $54.12 million. (Ukrainian metal)

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

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798*

min

max

June

417

513

July

458

490

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: ZZF ferroalloys output up in August 2016

In August Zaporozhye Ferro Alloys Plant produced 25 thousand tons of ferroalloys, up by 1.2%, or by 0.3 thousand tons, MoM.

According to the Association of Ukrainian Ferroalloy Producers, in January-August ZZF decreased output by 9.2% YoY, or by 18.8 thousand tons, to 184.8 thousand tons. (Ukrainian metal)

Ukraine: manganese output up in August 2016

In August Ukraine produced 141.8 thousand tons of manganese concentrate and sinter, up by 1.6% MoM, or by 2.3 thousand tons.

According to the Association of Ukrainian Ferroalloy Producers, in January-August manganese concentrate and sinter output dropped by 26.6% YoY, or by 247.8 thousand tons, to 685.1 thousand tons. (Ukrainian metal)

Metals of Ukraine & Russia: squares (ordinary steel), July 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798*

min

max

June

413

430

July

430

430

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: ZZhRK profits directed to development

Shareholders of Zaporozhye Iron Ore Complex have decided to spend all the company net profits for 2015 on development.

In 2015 ZZhRK net profits fell 4.9 times YoY, to 232.08 million UAH from 1129.12 million UAH. (Ukrainian metal)