Metals of Ukraine & Russia: bars (structural steel), March 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR67.6076*

min

max

February

473

473

March

473

473

* – 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 Russian Federation. (Ukrainian Metal)

Ukraine: manganese concentrate and sinter output in March 2016

In March Ukraine produced 53.6 thousand tons of manganese concentrate and sinter.

According to the Ukrainian Association of Ferroalloy Producers, in Q1 manganese concentrate and sinter output decreased by 73.9% YoY, or by 151.6 thousand tons, to 53.6 thousand tons – in January and February Ukraine didn’t produce any manganese concentrate or sinter. (Ukrainian metal)

Ukraine: DSS reelects acting chairman

Supervisory board of Dneprospetsstal has reelected Vitaly Korniyevsky the acting chairman of the board.

According to the company statement, he has been reelected for 3 months.

In 2015 DSS received 706.56 million UAH of losses, having increased its net income by 40.8% YoY, or by 1.98 billion UAH, to 6.85 billion UAH. (Ukrainian metal)

Ukraine: Vtormet Odessa profits in 2015

In 2015 Vtormet Odessa received 180 thousand tons of profits.

According to the company statement, its net income went up by 38.26% YoY, or by 53.67 million UAH, to 193.97 million UAH. In 2014 Vtormet Odessa received 2.03 million UAH of losses. (Ukrainian metal)

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Ukraine: Metinvest steel and pig iron output up in Q1 2016

In January-March Metinvest companies produced 1.99 million tons of steel, up by 19% YoY and 17% QoQ. In particular, Yenakievo Iron and Steel Works produced 501 thousand tons of steel, while Mariupol Ilyich Iron and Steel Works – 715 thousand tons, with Azovstal producing 783 thousand tons, up by 91%, 21% and down by 4%…

Russia: Amur Minerals to start developing Malmyzhskogoe deposit in 2021

The first deputy minister of Natural Resources of the Khabarovsk region Vyacheslav Kovalyov met the CEO of Amur Minerals Thomas Bouwens. They discussed of cooperation during the development of Malmyzhskogoe gold-copper-porphyry deposit. Thomas Bouwens thanked the government of the Khabarovsk region for the support of the investment project and expressed his determination to continue the…

Metals of Ukraine & Russia: round billets (ordinary steel), March 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056*

min

max

February

278

281

March

270

321

* – 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 Russian Federation. (Ukrainian Metal)

Ukraine: AMKR held shareholders meeting

ArcelorMittal Kriviy Rih hosted an annual shareholders meeting.

According to the reports, last year AMKR received 46.26 billion UAH of net income, with net profits totaling 1.38 billion UAH. Shareholders decided to spend the profits on the company development.

The shareholders meeting at AMRK is held annually not later than April 30. (Ukrainian metal)

Ukraine: EMSS to produce back up rolls for Mariupol Ilyich

Energomashspetsstal will produce a batch of back up rolls for Mariupol Ilyich Iron and Steel Works.

According to the company statement, EMSS will produce 12 back up rolls for hot- and cold-rolled mills. The total weight of the rolls to be delivered this year is 240 tons. (Ukrainian metal)

Ukraine: VostGOK ends 2015 with profits

In 2015 Vostochny Mining and Processing Works received 13.27 million UAH of profits.

According to the Ministry of economical development and trade, the company CEO salary in 2015 totaled 462.6 thousand UAH. Alexander Sorokin has been the general director of VostGOK since 2008. The company produces 3.3% of the world uranium. (Ukrainian metal)

Russia. Severstal. Annual Report 2015

[sociallocker id=7238]Russia. Severstal. Annual report 2015[/sociallocker]