Zaporizhstal has finished assembling the Mammoet crane with the lifting capacity of 1600 tons. According to the company statement, its height is 143 meters, which almost equals the height of the Pyramid of Khafre in Egypt. The crane would be used in the blast furnace No. 3 overhaul. “The crane will allow us to repair…
Interpipe has started importing scrap from Russia. “We intend and will buy scrap from Russia. This month we will receive our first batch”, the Interpipe economy and finances director Denis Morozov reported. According to him, Russia sees surplus of scrap of some 3 million tons per year. And the country has already imposed an export…
Month Russian market, $/t, DDP, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.897* min max min max August 780 1000 830 930 September 775 995 850 970 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the…
In Q3 NLMK received $385 million of net profits, down by 6% YoY. According to the company statement, its sales increased by 2%, to 4.2 million tons. Its revenues grew by 10%, to $2.25 billion. Investments fell by 29%, to $104 million, but the free cash flow increased by 28%, to $474 million. In January-September…
All the Sergey Taruta words on the National Bank of Ukraine and its management are his own position as an individual, and the Industrial Union of Donbass management and shareholders have nothing to do with them. ISD has no dealings in the social and political activities nor is it involved in public correspondence with the…
In September Ukrainian companies received 286 thousand tons of scrap, up by 45 thousand tons MoM. Scrap was not exported in July-September due to the absence of the law on the scrap export duty increase to 30 euro per ton. In mid-September the decree came into effect, thus probably triggering the start of exports in…
In Q3 Rusal produced 920 thousand tons of aluminum, with sales up by 2.4% QoQ, to 981 thousand tons. The average price of aluminum in Q3 went up by 2.5% QoQ, to $1754 per ton. In January-September Rusal produced 2756 thousand tons of aluminum, up by 1.2% YoY, with sales up by 4.9% YoY, to…
In Q3 Nikolaev Alumina Works, a part of Rusal, produced 363 thousand tons of alumina, down by 1.9% QoQ. Alumina output in January-September totaled 1.1 million tons, up by 0.9% YoY. Rusal’s Russian aluminum plants decreased alumina production, while its foreign assets increased. The total alumina output in Q3 reached 1.86 million tons, and 5.58…