Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 49 55 80 84 June 51 58 82 86 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
After almost a 2-months break Ukraine resumed coal deliveries from the Antiterrorist operation zone via Nikitovka – Mayorsk route. 43 railroad cars brought coal for Ukraine’s thermal power plants. The railroad movement there stopped on June 1. On June 5, the railroad was heavily damaged by shelling. On July 27 railroaders from Ukraine and the…
Kola MMC (Norilsk Nickel affiliate) has completed repair of worn-out sections of the gas duct from metallurgical shop to sulfuring acid production department of refining shop. Total of 15 sections of the gas duct were replaced with the total lengths of 293 m. Pechengastroy, Kola MMC subsidiary, was responsible for replacement of gas duct segments.…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 431 725 510 565 June 431 725 412 429 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
In 2015 Zaporozhye Titanium and Magnesium Works paid 43.1 million UAH of dividends to the state. Last year the company received 112.8 million UAH of net profits. 75% of the profits (84.6 million UAH) were spent to pay dividends, 20% – on the works development and 5% remained in the reserve fund. “Despite the tough…
Three mines in the Russia-supported terrorists-occupied Gorlovka are operating in life-supporting mode, while another one has been flooded. For the last two years miners received only 3-months worth of salary. At the same time Artemugol received some Russian money to clear June salary debts. (Ukrainian metal)
Supervisory board of ArcelorMittal Kriviy Rih has appointed Clark David George (a citizen of Australia) its chairman. He is the technical director and strategy head of ArcelorMittal. On July 15, the supervisory board dismissed Davinder Chugh from the office of the chairman, as this month he turned 60 and he could leave the corporation. (Ukrainian…
The Federation of Ukrainian Metallurgists has noted the success of the Ministry of economic development and trade policy in protecting local metal manufacturers interests on foreign markets. “We thank the ministry for the help in protection from antidumping investigations in India, Pakistan, EEU, for the work on free trade zones with Turkey and Israel, for…