Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max October 305 305 November 320 320 * – 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)
Kola MMC joined the Zero Environmental Impact intiative launched by The Bellona Foundation, an international environmental NGO. The purpose of the effort is to cut down the industrial emissions by means of the companies’ voluntary agreeing to short-term voluntary operation shutdown (where permitted by the production processes). The Zero Environmental Impact event was held on…
In 2018 Severniy Mining and Processing Works intends to increase concentrate output by 23%, to 15 million tons. According to the company CEO Pavel Timoshenko, in 2016 the works plans to mine 28864 thousand tons of ore and produce 13 million tons of concentrate and 9.19 million tons of pellets. (Ukrainian metal)
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max October 273 273 November 273 273 * – 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)
NLMK Group, an international steelmaking company with operations in Russia, Europe and the USA, has appointed Dmitry Stopkevich the new CEO of NLMK Russia Long Products Division (NLMK Long Products), one of the largest manufacturers of long products and metal ware in Russia. The division was previously managed by Grigory Fedorishin, who was appointed Head…
In November Ukraine exported $186.2 million worth of iron ore, with imports on the level of $3.69 million. According to the State Fiscal Service, the main importer of Ukrainian iron ore in November was China ($54.73 million). In January-November Ukraine exported $1607.6 million worth of iron ore, while imports stood at $70.86 million. (Ukrainian metal)
ArcelorMittal Kriviy Rih says it has paid in full for the damage done to the Ukrzaliznytsia wagons. “All the damaged wagons have been repaired and returned to Ukrzaliznytsia. All the loses have been 100% compensated”, the company said in a statement. The company also said, that even having direct contacts with Ukrzaliznytsia it still had…
Chelyabinsk Iron and Steel Works, a part of Mechel, produced the 140-millionth ton of sinter at its sintering factory No. 2. The manufacturing site comprises 4 sintering machines and produces some 5 million tons of sinter per year. Sintering factory No. 2 was put into operation in 2005. The investment project cost $150 million. The…