Ukraine: NZF output up in January-May 2016

In January-May Nikopol Ferroalloy Plant produced 300.7 thousand tons of ferroalloys, up by 10.9% YoY.

According to the Association of Ukrainian Ferroalloy Producers, silicomanganese output went up by 8% YoY, to 283.5 thousand tons, while that of ferromanganese – 2 times, to 17.2 thousand tons. The works didn’t produce any other ferroalloys. (Ukrainian metal)

Ukraine: NZF, ZZF, MGOK and OGOK left without shareholder meetings

Shareholder meetings of Nikopol Ferroalloy Plant, Zaporozhye Ferro Alloys Plant, Marganets Mining and Processing Works and Ordzhonikidze Mining and Processing Works, scheduled for early June, were not held. ZZF meeting was to take place on June 7, while that of NZF – on June 10. The supervisory boards of both companies will name the day…

Ukraine: Makeevugol mine under fire

Makeevugol Butovskaya mine, situated in the Russia-supported terrorist occupied territories has been shelled.

Because of the fire the mine was cut off from air and electricity supply. 3 miners have been evacuated. There were no casualties. The mine resumed operation the same day. (Ukrainian metal)

Ukraine: Volyn coal output down in 2016

Volyn mines started yielding less coal. Since the year start they have yielded 92.2 thousand tons of coal, down by 20.7% YoY. In 2015 Ukraine mined 39.75 million tons of coal, down by 38.8% YoY, or by 25.23 million tons, including 8.15 million tons of coking coal (down by 49.8%) and 31.6 million tons of…

Ukraine: Krasnoarmeyskugol in trouble

For the past 10 days Krasnodonugol mines were left without electricity twice.

The first time electricity was cut off on June 3, for almost 24 hours. Then on June 13, despite the agreement to partially clear debts, the mines were left without electricity again. (Ukrainian metal)

Ukraine: ZZhRK output down in January-May 2016

In January-May Zaporozhye Iron Ore Complex mined 1.8 million tons of iron ore, down by 2.7% YoY.

According to the company statement, in May it mined 0.37 million tons of ore. Last year iron ore output dropped by 2% YoY, to 4.4 million tons. (Ukrainian metal)

Ukraine: Komsomolskaya Factory to work with Lisichanskugol

Lisichanskugol has accepted the offer of Central Processing Factory “Komsomolskaya” on the services of processing valued at 17.6 million UAH. By the end of the year the factory will have processed 320 thousand tons of coal at 55 UAH per ton. The factory only competitor in the trade was the industrial company “Obogatitel” (Processor) with…

Metals of Ukraine & Russia: scrap (grade 2a), April 2016

Month

Ukrainian market, $/t, without VAT, FCA, $1/UAH25.1865*

min

max

March

130

137

April

168

175

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)