OAO Minsk Motor Plant (MMZ, managing company of MMZ Group) plans to complete the first stage of a project to build a high strength cast iron plant in Stolbtsy (Minsk region) in Q2 2017. The first stage includes three launch units: the first unit (cylinder block liner facility with annually capacity of 8,000 units) was…
ArcelorMittal Kriviy Rih has finished capital repairs of its wire mill-150. The mill has been put into operation and the manufacturing process has started. “The task of the mill is to produce one of the main AMKR products: steel wire rod. The overhaul of the mill will let the shop work more efficiently and increase…
The Mariupol Ilyich Iron and Steel Works CEO Yuri Zinchenko has again severely criticized the Polish top-managers of Ukrzasliznystia and their idea to increase transportation tariffs in 2017. “The least favorable forecasts have come true. The decision to increase prices for cargo transportation next year has been officially confirmed. The tariffs will increase by 25%”,…
In 2016 Electrozinc, a part of UGMK, plans to increase output by 9.5 thousand tons YoY. In November the works intends to produce 7.3 thousand tons of zinc and 8.2 thousand tons in December. The total output for 2016 is expected to reach 72.5 thousand tons, up by 15% from the plan. December will be…
Month Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max min max September 440 440 424 424 October 440 440 416 422 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the…
Kuzbassrazrezugol’s Kaltanskaya Energeticheskaya Processing Factory has reached project capacity. This is the company’s only factory that processes T-grade coal. It was put into operation in January 2015, and since then has processed 3.8 million tons of coal. Now the factory is working at full capacity, processing 250 thousand tons of coal per month. (Ukrainian metal)
In 2017 Kolmar intends to increase output by 56.7% YoY, to 5.8 million tons. According to the company CEO Sergey Shevelev, in 2018 it plans to produce 9 million tons of coal, with 12 million tons in 2019 (7 million tons being coking coal concentrate). Kolmar’s balance reserves are estimated to exceed 1 billion tons…
Month Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max min max September 493 493 403 403 October 491 491 440 440 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the…