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…
Ukraine’s Prime Minister Vladimir Groysman went to see Mariupol Ilyich Iron and Steel Works of Metinvest Group as part of his visit to Mariupol. He observed the reconstruction of a sinter plant, the biggest environmental project in the history of Ukraine’s independence, with the five-year investment making $220 million. Vladimir Groysman visited a converter shop.…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max March 307 383 April 327 426 * – 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 Russian Federation. (Ukrainian Metal)
Ukraine intends to prolong its contracts with Russia on uranium processing. “This year we plan to prolong the contract, the parties are discussing all the matters”, said the national nuclear energy company Atomproektinzhiniring director Alexander Rybchuk. This year Ukraine doesn’t intend to change delivery volumes. But parties haven’t discussed plans for 2017 yet. (Ukrainian metal)
Two mines, situated in the occupied territory of Donetsk region, were cut from electricity following night shelling. At midnight Mine named after Zasyadko came under fire. An hour later the electricity was supplied and the mine started operating in normal order. There were no casualties. The same night Butovskaya mine lost electricity due to shelling.…