If Ukrzaliznytsia sells 300 thousand tons of accumulated scrap, it will get some 1.1 billion UAH. According to Ukrmetallurgprom letter to Ukrzaliznytsia, in mid-2015 Ukrainian Railways stopped selling such scrap due to unknown reasons. “As of September 2015 Ukrzaliznytsia should have stocked 83 thousand tons of scrap. We believe that in 2012-2015 it was also…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 413 413 413 430 July 413 413 430 430 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…
Mikhailovsky Mining and Processing Works has started supplying iron ore pellets to the Hungarian works of Dunaferr, owned by the Industrial Union of Donbass (Ukraine). So far 67 thousand tons of pellets have been supplied. In Q4 MGOK plans to supply 160.2 thousand tons of pellets.
Ukrmetallurgprom and Vtormet have initiated changes to legislation to lead the scrap market out of the shade. “We have just signed the letter to the prime-minister Vladimir Groysman on legislation initiatives. They will make the scrap market more clear”, the Ukrmetallurgprom president Alexander Kalenkov said. In particular, the changes propose the cancellation of VAT in…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* Export, Ukraine, $/t, FOB Black sea ports min max min max min max June 423 564 353 442 370 380 July 389 522 336 395 365 380 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16…
In January-August Kemerovo region companies mined 148.2 million tons of coal, up by 9% YoY, with 20.6 million tons mined in August, up by 2.6 million tons YoY. Output increase has been observed at SUEK-Kuzbass (by 8.8 million tons) and Kuzbassrazrezugol (by 0.5 million tons). On the other hand, Zarechnaya, Yuzhny Kuzbass and Raspadskaya Coal…
Energomashspetsstal will produce supporting rolls for ArcelorMittal Spanish and French works. According to the company statement, rolls will be supplied to AM Aviles and AM Mardyck. The total weight of rolls will reach 118 tons. They are intended for hot- and cold-rolling strip mills. (Ukrainian metal)
In mid-November Mariupol Ilyich Iron and Steel Works plans to complete the capital repairs at converter No. 2. The machinery was assembled in late August, the workers are now actively disassembling metal structures. According to the company CEO Yuri Zinchenko the works is also reconstructing dust and gas collectors. (Ukrainian metal)