Velta has started assembling non-standard equipment at its mining and processing works (ore sands and ilmenite concentrate) that was damaged by fire in 2014. “The process of construction of factory capacities lost to fire is going on, and we have entered the phase of non-standard equipment assembly”, said the company in its statement. In December…
In 2016 ArcelorMittal Kriviy Rih intends to produce 6.9 million tons of steel. According to the company CEO Paramjit Kahlon, it also plans to manufacture 5.8-5.9 million tons of pig iron. In 2015 AMKR received 1.38 billion UAH of net profits. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 259 2050 362 362 March 269 2050 362 362 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the…
Supervisory board of Evraz Dneprovsky Iron and Steel Works has elected Alexander Rybalko its chairman. According to the company statement, Rybalko has been elected for 1 year and is the representative of Palmrose B.V. (the Netherlands), owner of 96.337% of the works. In 2015 the company received 1091.96 million UAH of losses. (Ukrainian metal)
In January-April Ukraine decreased revenues from ferrous metals exports by 28.9% YoY, to $2072.39 million. According to the Customs statistics, ferrous metals totaled 19.16% of the export revenues as opposed to 23.25% in January-April 2015. In April ferrous metals export revenues reached $592.95 million. In the first 4 months Ukraine exported $209.61 million worth of…
In January-March Metinvest produced 1124 thousand tons of coke, up by 0.98% QoQ, or by 11 thousand tons. This was mostly due to the increase in Avdiivka Coke and Chemical Works, Zaporozhye By-Product Coke Plant and Azovstal coke output by 13 thousand, 17 thousand and 17 thousand tons respectively. This has covered the drop at…
Shareholders of Khartsyzsk Pipe Works have decided to increase the supervisory board from 1 member to 5. According to the company statement, Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova (all top-managers of Metinvest Holding and representatives of Metinvest B.V.) and Ivan Yurchenko (foreign economic activity legal support director of Metinvest Holding) have been appointed…
In 2015 Donetsk Iron and Steel Works received 76.61 million UAH of losses, down by 23.43% YoY, or by 23.44 million UAH. According to the company statement, its net income decreased by 14.2% YoY, or by 2.38 million UAH, to 14.42 million UAH. In 2014 the works received 100.05 million UAH of losses. DMZ is…