Ukrmetallurgprom and Vtormet have initiated changes to legislation to lead the scrap market out of the shade. “We have just signed the letter to the prime-minister Vladimir Groysman on legislation initiatives. They will make the scrap market more clear”, the Ukrmetallurgprom president Alexander Kalenkov said. In particular, the changes propose the cancellation of VAT in…
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 min max min max min max June 423 564 353 442 370 380 July 389 522 336 395 365 380 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16…
In January-August Kemerovo region companies mined 148.2 million tons of coal, up by 9% YoY, with 20.6 million tons mined in August, up by 2.6 million tons YoY. Output increase has been observed at SUEK-Kuzbass (by 8.8 million tons) and Kuzbassrazrezugol (by 0.5 million tons). On the other hand, Zarechnaya, Yuzhny Kuzbass and Raspadskaya Coal…
Energomashspetsstal will produce supporting rolls for ArcelorMittal Spanish and French works. According to the company statement, rolls will be supplied to AM Aviles and AM Mardyck. The total weight of rolls will reach 118 tons. They are intended for hot- and cold-rolling strip mills. (Ukrainian metal)
In mid-November Mariupol Ilyich Iron and Steel Works plans to complete the capital repairs at converter No. 2. The machinery was assembled in late August, the workers are now actively disassembling metal structures. According to the company CEO Yuri Zinchenko the works is also reconstructing dust and gas collectors. (Ukrainian metal)
The hot-rolled metal market is stable now after the local demand increase in spring. According to NLMK, a slight seasonal price decrease is expected at the end of the year. As to the cold-rolled metal, its consumption in January-July dropped by 2.5% YoY, though at present a seasonal increase in demand is observed. Demand for…
In October Ukraine will keep steel and rolled metal production on September levels – 2 and 1,7 million tons respectively. According to Ukrmetallurgprom, pig iron output will also be on the September level – 2 million tons. In January-August Ukraine produced 16.37 million tons of steel, 15.96 million tons of pig iron and 14.38 million…
During her visit to Kandalaksha the Murmansk region governor Marina Kovtun got acquainted with the project of Kandalaksha Aluminum Works casting division modernization. A new wire rod rolling mill has been assembled at the works and is now being prepared to be put into operation. According to KAZ general director Andrei Terentiev, the project will…
