Metals of Ukraine & Russia: round billets (structural steel), April 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865*

min

max

March

281

281

April

326

326

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Metals of Ukraine & Russia: channel (structural steel), April 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR64.3334*

min

max

March

358

515

April

440

542

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: Dneprometiz appoints chairman

Supervisory board of Dneprometiz has appointed Anatoly Frishman chairman of the board. According to the company statement, Frishman has been appointed until the next annual meeting of the shareholders. He owns no company shares. In late March Frishman has been appointed member of the board. In 2015 Dneprometiz received 60.86 million UAH of losses. The…

Ukraine: two customs allowed to export scrap

Dniepropetrovsk Administrative Court of Appeals has cancelled the decision of the previous court on the prohibition of scrap export from Dniepropetrovsk and Kherson customs of the State Fiscal Service. “We’re looking forward to the State Fiscal Service reaction”, said Ceramet. The company also hopes that the Kiev Administrative Court of Appeals makes the same decision.…

Ukraine: EMSS elects chairman

Supervisory board of Energomashspetsstal has appointed Andrei Nikipelov chairman of the board. Nikipelov is also the general director of Atomenergomash (Russia). In 2015 EMSS received 3210.12 million UAH of losses, having decreased its net income by 7.9% YoY, or by 105.69 million UAH, to 1231.61 million UAH. The company specializes in the production of special…

Ukraine: Metinvest ends March 2016 with $91 million EBITDA

In March Metinvest EBITDA was on the level of $91 million.

According to the company statement, it has increased its revenues by 10.21% MoM, or by $43 million, to $464 million.

In February Metinvest EBITDA totaled $42 million. (Ukrainian metal)

Ukraine: AMKR and Metinvest among world largest metal companies

In 2015 three Ukrainian companies entered the list of world’s largest metal companies. The first place, as in 2014 held ArcelorMittal, owner of ArcelorMittal Kriviy Rih. Last year the corporation produced almost 100 million tons of steel. Evraz Group dropped from 22 to 25 with 14.35 million tons of steel. The group owns Evraz Dneprovsky…

Metals of Ukraine & Russia: scrap (grade 3a), April 2016

Month

Russian market, $/t, FCA, without VAT, $1/RUR64.3334*

min

max

March

62

148

April

62

165

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Russia: MMK announces AGM results

Magnitogorsk Iron and Steel Works on May 27, held its Annual general meeting of shareholders (AGM) in Magnitogorsk. The AGM approved of MMK’s annual report and financial statements for FY 2015 and resolved to pay a dividend for the 2015 financial year of RUB 0.31 per common share of issued stock (incl. tax). Earlier shareholders…

Ukraine: criminal gets largest lithium deposits

One of the largest lithium deposits in Europe, situated in Kirovograd region, has been given to Ukrainskiye redkiye metally LLC (Ukrainian rare metals).

On May 20, Kirovograd regional council voted to allow the company to work at the deposits. The company is believed to be connected with Alexander Pavlyuchenko, a well-known criminal. (Ukrainian metal)

Ukraine: Kiev to host a scrap conference

On June 17, Kiev will host the “Scrap metal: sources and market trends” conference. Scrap procurement and sales are having hard times. Export limiting decrees have made the market uncertain and nervous and the conflict with metal makers even deeper. The conference will deal with scrap procurement under such difficult circumstances, prospects of scrap export…

Ukraine: Lviv-Volyn mines to lose sales markets

Electricity exports to Europe could stop at any time, resulting in the loss of sales markets for Ukrainian coal companies, those with mines in Lviv-Volyn region in particular. This will affect financial and social-economical situation in the coal industry of the whole country. According to the energy expert Valentin Zemlyansky, at present due to the…