Ukraine: InGOK to deliver concentrate to ArcelorMittal Poland S.A
Ingulets Mining and Processing Works will supply a trial batch (20 thousand tons) of 68% iron content concentrate to ArcelorMittal Poland S.A.
Ingulets Mining and Processing Works will supply a trial batch (20 thousand tons) of 68% iron content concentrate to ArcelorMittal Poland S.A.
In January-February Dneprospetsstal produced 31.29 thousand tons of steel, down by 5.1% YoY. Rolled metal output decreased by 7.4%, to 21.24 thousand tons.
Since the beginning of March rebars on the local secondary market went up in price by 10-15%, to 10.2-11.5 thousand UAH per ton.
Month Russian market, $/t, EXW, without VAT, $1/RUR75.172* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.152* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max December 350.95 517.68 333.78 387.67 315.00 315.00 320.00 325.00 January 360.84 531.79 344.92 351.16 315.00 315.00 310.00 315.00…
In 2015 Yenakievo Iron and Steel Works increased its net losses by 39.4% YoY, to 544.54 million UAH.
The Cabinet of Ministers has simplified the registration of the ferrous metals scrap export contracts.
In 2015 Ukrainian Mining and Metallurgical Company received 58.5 million UAH of net profits.
In 2015 Artemovsk Non-Ferrous Metals Processing Works received 215.27 million UAH of losses.