Ukraine: NKMZ profits up in 2015
In 2015 Novokramatorsk Machine-Building Works received 952.42 million UAH of net profits, with assets at 5488.41 million UAH.
In 2015 Novokramatorsk Machine-Building Works received 952.42 million UAH of net profits, with assets at 5488.41 million UAH.
Zaporizhstal could lose 20-30% of its orders if the railroad transportation tariffs are increased by 15%, as the orders will become unprofitable and below their prime cost.
The Kiev Administrative Court of Appeals has ordered the Ministry of economic development and trade to allow Ceramet to export ferrous scrap.
The state company “Ukruglerestrukturizatsiya” has signed several agreements on closing down of mines worth 43.47 million UAH.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH24.001* min max November 392.78 392.78 December 381.20 381.20 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.12.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Last year Novokramatorsk Machine-Building Works increased sales by 14.1% YoY.
Metallurgprom expects steel output in March on the level of 2 million tons, while pig iron and rolled metal output would total 2 million and 1.8 million tons respectively.
Month Russian market, $/t, EXW, without VAT, $1/RUR72.883* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.001* min max min max November 273.04 399.27 285.58 285.58 December 251.23 374.57 253.51 276.58 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.12.15 according to the National Bank of Ukraine and the Central Bank of the…