International rating agency S&P Global Ratings has upgraded the long-term credit rating of NLMK Group, an international steel company with operations in Russia, the United States, and the European Union, from BВ+ to investment grade ВВВ- with a negative outlook. The national scale rating on NLMK liabilities was upgraded from ruAA+ to ruAAA. In an…
Metinvest Group commissioned a thermal and catalytic afterburner at Avdiivka Coke and Chemical Works (AKKhZ) designed to reduce emissions by tar distillation shop. Project investments total about 6.5 million UAH. Despite the difficult situation in Avdiivka and interruptions in the power supply from time to time, Metinvest Group continues to modernize Avdiivka Coke. Set-up and…
In January-July Ukraine exported $380.07 million worth of metal wares, down by 33.9% YoY. In July metal wares exports reached $62.84 million. Metal wares imports went up by 25.7% YoY, to $338.77 million, with $51.59 million in July. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 455 455 477 477 June 557 557 509 509 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
In January-July Ukraine received $4.02 billion revenues from ferrous metals exports, down by 20.5% YoY. According to the State Fiscal Service, ferrous metals accounted for 20.6% of the total export revenues down from 23.32% YoY. In July ferrous exports earned $680.41 million. At the same time ferrous metals imports increased by 14.2% YoY, to $444.32…
Over the first six months of this year, Tajikistan has produced 73,101 tons of primary aluminum, up by 13.6% YoY, Tajik Deputy Minister of Economic Development and Trade, Umed Davlatzod, announced. According to him, Tajikistan is expected to produce 156,000 tons of primary aluminum this year, up by 16,400 tons YoY. The deputy minister noted…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 431 431 510 565 June 431 431 412 429 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
Energomashspetsstal will supply a batch of rolls for Azovstal Iron and Steel Works. “We will produce work rolls for hot-rolling weighing 6-16 tons. The total weight will reach 232 tons”, said the company in its statement. The rolls will be completely mechanically treated at EMSS and supplied to the buyer in the third or fourth…