The Tajik Aluminum Company still experiences the aftermath of the emergency electricity cut off and calculates losses. “On October 28, because of the electricity cut off in some regions, TALCO was left without light”, information department director Igor Sattarov reported. In September the company operated 303 electrolysis baths. TALCO specialists believe that the electricity cut…
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 508 508 409 409 September 491 491 403 403 * – 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 January-September Nadvoitsky Aluminum Works produced 9 thousand tons of primary aluminum, with Kandalaksha Aluminum Works producing 51 thousand tons of aluminum, up by 3.7% and 2.7% YoY respectively. Both works belong to Rusal. In Q3 NadAZ produced 3 thousand tons of aluminum, and KAZ – 17 thousand tons, up by 0.8% and 2.7% QoQ…
Vostochnaya Processing Factory produced around 250 thousand tons of coal concentrate after the modernization completion. This is the record high result in the whole history of the factory. Modernization cost totaled 6 billion tenge. “Our main consumer is, of course, ArcelorMittal Temirtau. But we also supply concentrate to Ukraine (Kriviy Rih) and Russia (Altai-koks and…
Severstal has started exporting cold-rolled coils to the European Union from China instead of Russia-made. “We have already started buying Chinese cold-rolled coils for our steel service centers. Duties on Chinese products are lower than on Russian, so it’s better for us to bring steel from China”, the company CEO Vadim Larin said. According to…
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max August 502 652 378 433 446 558 407 626 September 481 635 461 461 446 558 407 626 * –…
Metinvest intends to keep its share of the British steel market after a number of Liberty Steel works gets relaunched. “British market is interesting for us only from the point of view of steel plate sales. At present the situation is even. Our Spartan UK is 100% loaded, we have orders”, the Metinvest marketing director…
In Q3 NLMK revenue increased by 19% QoQ to $2.2 billion, driven by a 7% QoQ growth in sales to 4.2 million tons. EBITDA increased by 46% QoQ to $673 million; EBITDA margin reached 30% (+5% QoQ), including 18% for NLMK’s international companies. Net income doubled QoQ to $385 million. Net debt / EBITDA decreased…
