Severniy Mining and Processing Works has completed the program of drilling machines reconstruction at its Pervomaysky quarry. Investments into machinery overhaul totaled some 10 million UAH. According to SevGOK general director Pavel Timoshenko, the repair lasted for almost six months. 2 drilling machines have been completely repaired. “Now the maintenance and repair expenses will be…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 365 501 446 513 June 487 539 402 423 * – 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…
As part of the program for monitoring employees’ physical state and increasing the occupational health and safety level at the operational sites, the Norilsk Nickel is planning to have installed full-height turnstiles with contactless ethanol breathalyzers at the Polar Division’s Mayak mine by the end of the year. These are full-height turnstiles equipped with fixed…
In January-June rolled metal deliveries to the local market went up by 34.8% YoY, to 1.93 million tons. Together with pipes delivery volumes totaled 2.15 million tons. In 2016 imports grew as well – by 58% YoY, to 0.31 million tons. Imports share went up from 13.9% in H1 2015 to 16.3% in H1 2016.…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max May 427 427 June 355 355 * – 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 Russian Federation. (Ukrainian Metal)
Anastasia Tatarulieva has been appointed the ArcelorMittal Kriviy Rih deputy general director on marketing and sales. According to the company statement, she was appointed on July 20. “Tatarulieva is responsible for fulfilling business-plans on selling AMKR products on export and local markets, as well as finding new sales markets”, the statement reads. Earlier Tatarulieva worked…
NLMK Group announced its Q2 and H1 2016 financial results. In Q2, steelmaking capacity utilization rates reached 100% (94% in Q1 2016). EBITDA increased by 59% QoQ to $460 million; EBITDA margin reached 25% (+7% QoQ). Net debt / EBITDA stood at 0.7. Q2 2016 highlights: steel output increased by 6% QoQ, to 4.2 million…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* min max May 498 498 June 498 498 * – 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 Russian Federation. (Ukrainian Metal)