Ukraine: UGOK concentrate output down in Q1 2016
In January-March Yuzhny Mining and Processing Works produced 2714.3 thousand tons of iron ore concentrate, down by 3.2% YoY.
In January-March Yuzhny Mining and Processing Works produced 2714.3 thousand tons of iron ore concentrate, down by 3.2% YoY.
The supervisory board of Avdiivka Coke and Chemical Works has reelected Musa Magomedov the general director of the company.
The supervisory board of Zaporozhogneupor has reelected Viktor Busko the company general manager.
Raiffeisen Bank Aval has asked the Commercial Court of Donetsk region to recover $92.97 million, 1.41 billion JPY and 416.16 million UAH from the Industrial Union of Donbass and Alchevsk Iron and Steel Works.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH27.054389* min max January 284.21 335.20 February 269.07 335.04 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 29.02.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
The supervisory board of Khartsyzsk Pipe Works has extended the office of the general director Denis Novikov till April 3, 2017.
In January-February Poltava Mining and Processing Works exported 2250 thousand tons of iron ore pellets.
Month Russian market, $/t, DDP, without VAT, $1/RUR75.0903* Ukrainian market, $/t, without VAT, DDP, $1/UAH27.054389* min max min max January 640.02 863.65 651.16 1591.24 February 641.54 911.28 651.16 1700.59 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 29.02.16 according to the National Bank of Ukraine and the Central Bank of the…