In January-August Yeristovo Mining and Processing Works paid 133.2 million UAH of taxes to all budget levels, up by 29% YoY. In particular, the state budget received 73.1 million UAH, regional budget – 33.7 million UAH, local budget – 26.4 million UAH (55%, 25% and 20% respectively). Local taxes were paid to Gorishni Plavni (19.5…
Sevmash has accepted the offers of Severstal on two purchases of 956 tons of special shipbuilding steels for construction of nuclear submarines of 955A and 855 projects. The sheets will be produced at 2800 (Cherepovets) and 5000 (Kolpino) shops of Cherepovets Iron and Steel Works. Severstal is the main supplier of Sevmash, providing half of…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 466 517 403 424 July 443 517 353 403 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…
In 2016 Zaporizhstal will spend 3.8 million UAH on working conditions improvement. “Within the program, started in 2012, Zaporizhstal continues its work to create the ultimately comfortable conditions of work for its employees. We have spent 2.9 million UAH on capital repairs of different shops. By the end of the year overhauls of the objects…
Dneprovsky Iron and Steel Works plans to construct an efficient air separation unit. According to the company statement, this will allow it to stop using old and outdated units. The works also plans to stop polluting the Dnepr, thus decreasing negative impact on the environment. (Ukrainian metal)
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max June 355 355 July 356 356 * – Ukrainian Hrivna and Russian Rouble 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)
Metal products exports are more profitable than scrap exports. “According to our calculations, a country receives more from 1 ton of scrap turned into metal and exported than from the sale of 1 ton of scrap”, said Ukrmetallurgprom president Alexander Kalenkov. Mining-metallurgical complex is one of the main revenue-gatherers for Ukraine. “Scrap market is very…
Ukrainian metal companies underreceived 420 thousand tons of scrap. “Scrap procurement worsened in 2016. Even if there is no scrap export this year, we will still be short of it”, Alexander Kalenkov, Ukrmetallurgprom president, reported. Earlier the company predicted the liquid steel output in 2016 on the level of 28-29 million tons. “But only if…