Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 15 18 15 18 March 18 19 20 22 * – 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…
Marganets Mining and Processing Works and Ordzhonikidze Mining and Processing Works resumed their operation. According to the executive director of Association of Ukrainian Ferroalloy Producers Sergey Kudryavtsev, the operation of the companies stopped in December 2015. In March OGOK produced 7.2 thousand tons of manganese concentrate, while MGOK output totaled 46.4 thousand tons. (Ukrainian metal)
The supervisory board of Yasinovskiy By-Product Coke Plant has reelected Victor Palenko chairman of the board. According to the company statement, 3 out of 7 board members have been changed. In particular, Anatoly Birchenko, Victor Kazakov and Julia Birsana have been dismissed form the board, and Helen Yeliseyeva, Sergey Kuzmenko and Gleb Malygin appointed instead.…
The Cabinet of Ministers has given Lvivugol 8 million UAH for modernization of its mines. “That is the first time such money has been received for the last couple of years”, said Lviv regional state administration head deputy Rostislav Zamlynsky. According to Lvivugol CEO Andrei Dyachenko, mining equipment is 80% worn. The money will be…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max February 338 520 269 269 255 513 301 553 March 314 490 280 280 268 569 309 478 * –…
In 2015 Ordzhonikidze Mine-Repairing Works received 9.35 million UAH of losses. According to the company statement, its net income went down by 49% YoY, or by 11.95 million UAH, to 12.38 million UAH. The works specializes in the manufacture and repair of metal machinery. (Ukrainian metal)
In 2016 Yenakievo Iron and Steel Works intends to produce 2130.5 thousand tons of pig iron, up by 29.28% YoY, or by 482.5 thousand tons. According to the company statement, it also plans to increase sinter output by 20.6%, produce 2290.5 thousand tons of billets, up by 26%, or by 472.5 thousand tons, and 2251.5…
The supervisory board of Kremenchuk Steel Works has appointed Victor Samusenko chairman of the board. According to the company statement, Rostislav Dubrov, Andrei Klimenko and Stanislav Tizh (ex-acting chairman) have been reelected members of the board. Previous chairman of the board Dmitry Chernenko was dismissed on January 14. (Ukrainian metal)