This year MMK plans to increase sales by 245 thousand tons YoY, to 11257 thousand tons. The local market will receive 7144 thousand tons, with 3136 thousand tons to be exported. Hot-rolled flats sales will drop to 3048 thousand tons due to the decrease in demand on behalf of pipe manufacturers; cold-rolled metal sales will…
In 2017 Energomashspetsstal will supply over 150 tons of rolls to ISD Dunaferr (Hungary). The contract for the production of 6 supporting rolls for cold- and hot-rolling mills was signed in October. Rolls will be supplied in lots, according to the agreement. (Ukrainian metal)
The supervisory board of Artemovsk Non-Ferrous Metals Processing Works has dismissed Vitaly Malykhin from the office of the chairman of the board and appointed Alexander Chistyakov instead. According to the company statement, the deputy chairman Alexander Stefan and member of the board Tatiana Golos have also been dismissed. At the same time Valery Safonov, Tatiana…
Palmrose B. V. (the Netherlands) has gained 94.96% of the Evraz Yuzhkoks shares. According to the company statement, earlier its share amounted to 94.46%. Its voting share increased from 95.71% to 96.21%. Evraz Bagleykoks was renamed Evraz Yuzhkoks on April 28. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 47 54 52 60 September 51 59 51 58 * – 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…
The first stage of Tajikistan Iron and Steel Works has been put into operation. The company consists of 6 shops, and has a 100-mWt substation. The works is expected to produce and process 80-120 thousand tons of minerals, increasing its capacity to 200 thousand tons per year. At first the company will produce 12-27 mm…
The supervisory board of Dneprospetsstal has prolonged the office of the acting chairman of the board Vitaly Kornievsky for 3 more months, until February 2017. According to the company statement, in 2015 it received 706.56 million UAH of losses, having increased its net income by 40.8% YoY, or by 1.98 billion UAH, to 6.85 billion…
Month Ukrainian market, $/t, without VAT, FCA, $1/UAH25.897* min max August 153 157 September 153 157 * – 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 Russian Federation. (Ukrainian Metal)
