Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announced its operational results for Q2 & H1 2016. Hot metal output decreased by 6% QoQ to 2.21 million tons (2.35 million tons in Q1) mainly impacted by short-term maintenance of BF No. 5 at Cherepovets Steel Mill (CherMK) during the quarter.…
Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max min max April 328 471 344 354 May 337 622 431 518 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the…
The first lawsuits against Interpipe NMTZ, Niko Tube and NTZ Alfa-Bank filed in August and September 2015. The bank wanted $5.7 million according to loan agreements of 2013 and $9 million and 41 million euro according to loan agreements of 2012. Interpipe had to return the debt by March 2015. But didn’t manage to. “Last…
Metinvest has to spend over $300 million to make its mining and processing works correspond to the European standards. “Some pollutions at our companies are already within the European norms, so we can only welcome the implementation of the European environmental standards in Ukraine. But it’s a long way, we have just passed a small…
Ecology and natural resources minister of Ukraine Ostap Semerak has visited Zaporizhstal and has been shown the modernization processes: sintering machine No. 5 gas-purifying system construction, as well as the already working gas-purifiers at sintering machines No. 1-4; sand bed exsufflation system of the blast furnace No. 4, as well as the hydrochloric acid digestion…
In January-June Ukraine imported $24.91 million worth of copper and copper wares, up by 14.9% YoY. According to the State Fiscal Service, copper exports dropped by 50.8% YoY, to $35.14 million. In June Ukraine imported $4.88 million worth of copper wares, while exports reached $5.8 million. Nickel imports in H1 decreased by 12.9% YoY, to…
On July 10, Krasnolimanskaya yielded 1 millionth ton of coal since the year start. “This is the 120-th million of coal since the mine started working”, said the company director Alexander Dubovik. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max min max April 121 148 140 145 May 121 148 141 146 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the…