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

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166*

min

max

April

327

327

May

422

422

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: Interpipe hiring specialists with no experience

Interpipe has been hiring young specialists without industrial experience but capable of training and self-development. “We’re creating a team of professionals from other well-known companies in the CIS and people with no experience, but wanting to learn”, said the company R&D director Gennady Yesaulov. In particular, employees without experience are needed in steel production. “We…

Ukraine: AMKR to shut down BF, coking batteries and sinter shop

ArcelorMittal Kriviy Rih will shut down one of its blast furnaces; two coking batteries and a sintering shop because they don’t correspond to the environmental directives of EU according to BAT. “Ukraine has no BAT norms as yet, but AMKR European companies have already switched to them”, said the company environmental director Liana Maksimenko. AMKR…

Ukraine: HBI imports up in H1 2016

According to the State Fiscal Service, in January-June Ukrainian metal companies imported 45.04 thousand tons of hot-briquetted iron valued at $7.18 million, up 7 times and 4.3 times YoY respectively. In June Ukraine imported 0.62 thousand tons of HBI, with 17.63 thousand tons in May, 12.82 thousand tons in April, 11.99 thousand tons in March…

Ukraine: Zaporizhstal BF4 to face overhaul

According to its program of technical modernization Zaporizhstal has stopped its blast furnace No. 4 for capital repairs with elements of reconstruction and modernization. The total cost of the overhaul will reach 170 million UAH. The modernization will decrease coke expense and provide for the smooth operation of the equipment. In 2014 BF No. 4…

Ukraine: coke export-import in H1 2016

In January-June Ukraine exported 105.68 thousand tons of coke valued at $13.09 million, up by 34.7% and down by 8.3% YoY respectively. According to the State Fiscal Service customs statistics, the main importers of Ukrainian coke were Georgia (49.26%), Bulgaria (9.85%) and Belarus (9.67%). In H1 2016 Ukraine imported 711.86 thousand tons of coke valued…

Metals of Ukraine & Russia: foundry pig iron, May 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166*

min

max

April

285

285

May

283

310

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: Coal Energy to sell Donetsk mine

Coal Energy S.A. board of directors decided to sell its Donbassuglerazrabotka (Vasily Veliky mine, Donetsk) to minimize losses. “To bring the mine to the profitable level will require too much investments, while ours are highly limited”, said the company in its statement. Coal Energy unites 10 coalmines and processing units. In July 2015 – June…

Ukraine: coal export-import in H1 2016

In January-June Ukraine imported $678.2 million worth of anthracite and coal, with $102.09 million in June. According to the State Fiscal Service, Russia supplied $446.26 million worth of coal, USA – $95.93 million, Australia – $43.28 million, and other countries – $92.72 million. The total volume of coal supplied reached 7779.35 thousand tons. At the…