Ukraine’s Cabinet of Ministers has facilitated exports of scrap ferrous and nonferrous metals, revoking the registration of foreign economic contracts related to transactions with scrap metal. The amendments were made to some government resolutions in resolution No. 1035 dated December 28, 2016. The resolution also annuls some previous government resolutions. “The government has relaxed the…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 36 43 33 39 November 34 42 33 41 * – 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…
VTB Group has agreed to assist Russian Platinum in the development of the Chernogorskoye deposit and the southern part of Norilsk-1 deposit in the Krasnoyarsk region, VTB said in a statement. In accordance with a memorandum on strategic cooperation, VTB will have a chance to buy a stake in a project company and will act…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 442 664 365 432 November 442 664 383 457 * – 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…
The largest recipient of VAT refunds in 2016 was ArcelorMittal Kriviy Rih, which received 8.03 billion UAH, the State Treasury Service has said. According to its data, it is followed by Mariupol Ilyich Iron and Steel Works with 3.77 billion UAH and Azovstal with 3.46 billion UAH. Among other major VAT refund recipients are Poltava…
In December 2016 Zaporizhstal produced 264.6 thousand tons of pig iron, 305.4 thousand tons of steel and 267.4 thousand tons of rolled metal, all down by 25.2%, 13.5% and 11.9% YoY respectively. In January-December 2016 the output totaled 3600.2 thousand tons of pig iron, 3890.7 thousand tons of steel and 3367.9 thousand tons of rolled…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 49 58 54 62 November 47 57 54 62 * – 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 2016 metal output in Murmansk region increased by 8.8% YoY. In particular, that of aluminum went up by 3.1% YoY, of copper – by 7%, of raw nickel – by 2.8% and of raw cobalt – 10.9 times. At the same tome metal wares manufacture dropped by 17.6% YoY. Thanks to the reconfiguration…