Russian metals and mining group Mechel and the country’s second largest bank VTB have signed an agreement to delay debt redemption till April 2022. The company has also agreed to extend the repayment of 45 million euros of debt on trade financing until April 2022. Mechel CEO Oleg Korzhov said that the signing of the…
In November Ukraine imported $1.052 million worth of ferrous scrap, with exports on the level of $2.283 million. According to the State Fiscal Service, Ukraine exported most of its ferrous scrap to Turkey ($2.241 million). In January-November Ukraine exported $42.6 million worth of ferrous scrap, while imports totaled $7.552 million. (Ukrainian metal)
In November Ukraine exported $52.02 million worth of pig iron, while imports totaled $0.001 million. According to the State Fiscal Service, Italy was the main consumer of Ukrainian pig iron in November ($22.67 million). In January-November Ukraine exported $503.27 million worth of pig iron, with imports on the level of $0.55 million. (Ukrainian metal)
In November Russia produced 5.1 million tons of rolled metal, up by 1.3% MoM. Bars output dropped by 2% MoM, to 1.5 million tons, with rebars production on the level of 600 thousand tons. Sheet manufacture dropped by 0.8% MoM, to 2.2 million tons, with hot-rolled sheet output at 1.6 million tons, down by 1%…
Month Russian market, $/t, DDP, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.499* min max min max October 775 1025 900 990 November 795 1035 900 990 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the…
In January-November raw cobalt output in Russia increased by 56.6% YoY. According to the Federal Service of State Statistics, in November raw cobalt output increased by 12.3% YoY and by 5% MoM. (Ukrainian metal)
In November Ukraine exported $63.11 million worth of ferroalloys, with imports on the level of $7.59 million. According to the State Fiscal Service, the main consumer of Ukrainian ferroalloys in November was Italy ($11.99 million). In January-November Ukraine exported $641.66 million worth of ferroalloys, while imports stood at $78.37 million. (Ukrainian metal)
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max October 154 159 November 186 193 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
