In October-November metal products in Siberia will become more expensive. According to Andrei Sosedko, head of Ferrum, hot-rolled metal price will go up because of the world markets price increase. The November rise is explained by the coking coal price increase, as it constitutes 20% of the metal prime cost. (Ukrainian metal)
Corum Group believes the high prices for coking coal will remain until at least April 2017. “It’s difficult to say what will be after that, as the situation depends on many macroeconomic factors”, Denis Shemyakin, the company marketing director, said. According to him, world coal prices have been constantly growing since the year started. For…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* min max June 477 477 July 477 477 * – Ukrainian Hrivna and Russian Ruble 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)
Metalloinvest is negotiating the transit of 5 million tons of mining products through Ukraine with Ukrzaliznytsia and the TIS group. “We have a client who wants to transport 5 million tons of products to Ukraine. That’s transit. We have decreased transshipping tariffs in the port, but we are still uncompetitive. If Ukraine doesn’t take this…
For metal industry to start growing it needs a clear tariff policy, no discrimination of Ukrainian products on European market and access to loans, according to Metinvest CEO Yuri Ryzhenkov. He said mining-metallurgical industry was one of the main bases of Ukrainian economy. “It gives work to adjacent industries. To transport, energy, and machine-building”, he…
On October 10, the national nuclear power-generating company Energoatom will make a purchase of equipment to repair refrigerators of the Zaporozhye Nuclear Power Plant valued at 530.48 million UAH. In the purchase documentation Energoatom stated that it needed less safe pipes that were not produced in Ukraine. At the same time several local companies can…
In August Ukraine exported $33.91 million worth of steel pipes, while imports totaled $6.13 million. According to the State Fiscal Service, the main consumer of Ukrainian steel pipes in August was Russia ($8.03 million). In January-August Ukraine exported $259.91 million worth of pipes, with imports at $71.33 million. (Ukrainian metal)
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 430 543 383 424 375 385 July 396 501 353 403 375 385 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.07.16…