Month Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max June 355 355 July 356 356 * – 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 Russian Federation. (Ukrainian Metal)
Metal products exports are more profitable than scrap exports. “According to our calculations, a country receives more from 1 ton of scrap turned into metal and exported than from the sale of 1 ton of scrap”, said Ukrmetallurgprom president Alexander Kalenkov. Mining-metallurgical complex is one of the main revenue-gatherers for Ukraine. “Scrap market is very…
Ukrainian metal companies underreceived 420 thousand tons of scrap. “Scrap procurement worsened in 2016. Even if there is no scrap export this year, we will still be short of it”, Alexander Kalenkov, Ukrmetallurgprom president, reported. Earlier the company predicted the liquid steel output in 2016 on the level of 28-29 million tons. “But only if…
In August Ukraine exported $153.07 million worth of long rolled metal, while imports totaled $14.12 million. According to the State Fiscal Service, the main consumer of Ukrainian long rolled products in August was Russia ($23.23 million). In January-August Ukraine exported $1127.52 million worth of long rolled products, with imports at $94.02 million. (Ukrainian metal)
NLMK Group, an international steel producer with operations in Russia, the EU and the USA, has opened a new sales office in Lima, Peru. The new sales office and warehouse will not only bolster NLMK Group’s position in the prospective Peruvian market but also provide convenient supply routes to the entire South American Pacific coast.…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 533 533 510 510 July 505 505 456 456 * – 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…
Lisichanskugol and Pervomayskugol miners have been paid 25 million UAH of salary debts. According to the regional administration press-service, money was transferred after the regional head Yuri Garbuz had talks with the state enterprise Derzhvuglepostach. Lisichanskugol received 10 million UAH, while Pervomayskugol was paid 15 million UAH for the coal mined. (Ukrainian metal)
The current government of Ukraine believes that closing down of profitless mines will solve all the problems in the state coal industry. “We have mines where mining costs 2-4 times as much as on the market”, said the Prime Minister Vladimir Groysman. According to him, coal industry if very problematic from the point of view…
