Norilsk Nickel provides an update on the status of the sale of its 50% participation interest in the Nkomati JV. On October 17, 2014 Norilsk Nickel announced that it had entered into a binding agreement for the sale of its African assets to Botswana-based BCL Investments, which was controlled by the government of Botswana. All…
The total volume of titanium products shipped by VSMPO-Avisma this year could keep with 2015 level – 28-29 thousand tons. According to the company general director Mikhail Voevodin, sales structure shifted to exports, but would not affect financial results. “We have lost some 4 thousand tons YoY in Russia, but received 2 thousand tons in…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* min max min max July 43 50 59 69 August 46 52 53 61 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the…
In January-August Russia decreased the raw nickel output by 10.8% YoY, but increased that of raw cobalt by 71.1%. According to the Federal State Statistics Service, in August raw nickel output dropped by 16.9% YoY but went up by 8.5% MoM, while that of raw cobalt increased 2.4 times YoY and by 8.6% MoM. (Ukrainian…
ArcelorMittal Kriviy Rih plans to stop using natural gas altogether in 2 years replacing it with the pulverized coal mix. On October 12, the Prime Minister Vladimir Groysman participated in the putting into operation of the PCI machine in the blast furnace No. 9 at AMKR. “We’re injecting some 40 tons per hour, that’s around…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* Export, Ukraine, $/t, FOB Black sea ports min max min max min max July 402 539 326 384 365 380 August 373 515 342 384 365 375 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16…
Sinarsky Pipe Works (a part of TMK) has produced a batch of casing 146.1 mm diameter pipes with the total weight of 788.7 tons and shipped them to Sugrutneftegaz. The pipes will be used in gas, gas-condensate and oil fields of the North at minus 600 degrees C. (Ukrainian metal)
In January-August Magnitogorsk Iron and Steel Works trading house in Schelkovo increased its sections sales share in the Central region from 7% to 12%, while the market itself dropped by 2% since the beginning of the year. But the trading house sales went up by 76% YoY, to 42 thousand tons. (Ukrainian metal)