The head of Donetsk regional military-civilian administration Pavel Zhebrivsky wants to divide state mines into 3 categories on the basis of their profitability. The mines that cannot be profitable have to be shut down. “Mines that can be profitable fall into the second category. We will help them open new long faces, and will sell…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max March 218 218 April 285 285 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In May Zaporizhstal produced 344.4 thousand tons of pig iron, 366.8 thousand tons of steel and 307.5 thousand tons of rolled metal, all up by 3.6%, 1.3% and 1.7% YoY respectively. According to the company statement, in January-May pig iron output went up by 4.3%, to 1522.8 thousand tons, that of steel – by 3%,…
Month Russian market, $/t, DDP, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.1865* min max min max March 650 900 717 1750 April 665 900 721 1750 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the…
Alchevsk Iron and Steel Works had to stop operation, because railroad workers initiated a strike and blocked railroad on the occupied territory. Alchevsk citizens report that trains are put back in depots, until the strike ceases. “The works could be stopped for indefinite time, if the strike goes on”, said a source among citizens. Since…
The Ministry of economical development and trade cannot create market conditions in the sphere of ferrous scrap. “There is no competition on the scrap market today. I have been talking to association representatives for a year. What market could it be, if all the scrap in Ukraine is purchased by 2 people”, said the Verkhovnaya…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max min max March 331 393 319 319 April 371 428 426 426 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the…
In January-May Ukraine produced 10.54 million tons of carbon steel, up by 14% YoY. This is preliminary data by Metallurgprom, while more precise information is expected after June 10. Pig iron output increased by 21%, to 10.11 million tons, that of rolled metal – by 16.5%, to 9.32 million tons. Coke production went up by…