The State Property Fund has compiled a list of state assets for privatization and is busy working out its terms. In particular Zaporozhye Aluminum Works and Zaporozhye Titanium and Magnesium Works are among companies to be privatized in 2016. (Ukrainian metal)
The supervisory board of Trubostal has approved of the contract with Metalo Perkyba (Lithuania) for the delivery of steel electric welded cold-rolled pipes valued at 500 thousand euro. According to the company statement, this equals 14.57 million UAH. In 2015 Trubostal received 4 million UAH of net profits, having increased its net income by 50%…
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 Export, Russia, $/t, FOB Black sea ports min max min max min max min max June 451 646 440 496 360 390 350 390 July 448 624 417 426 355 365 330 375…
In January-August Yeristovo Mining and Processing Works paid 133.2 million UAH of taxes to all budget levels, up by 29% YoY. In particular, the state budget received 73.1 million UAH, regional budget – 33.7 million UAH, local budget – 26.4 million UAH (55%, 25% and 20% respectively). Local taxes were paid to Gorishni Plavni (19.5…
Sevmash has accepted the offers of Severstal on two purchases of 956 tons of special shipbuilding steels for construction of nuclear submarines of 955A and 855 projects. The sheets will be produced at 2800 (Cherepovets) and 5000 (Kolpino) shops of Cherepovets Iron and Steel Works. Severstal is the main supplier of Sevmash, providing half of…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 466 517 403 424 July 443 517 353 403 * – 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…
In 2016 Zaporizhstal will spend 3.8 million UAH on working conditions improvement. “Within the program, started in 2012, Zaporizhstal continues its work to create the ultimately comfortable conditions of work for its employees. We have spent 2.9 million UAH on capital repairs of different shops. By the end of the year overhauls of the objects…
Dneprovsky Iron and Steel Works plans to construct an efficient air separation unit. According to the company statement, this will allow it to stop using old and outdated units. The works also plans to stop polluting the Dnepr, thus decreasing negative impact on the environment. (Ukrainian metal)
