Month Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max February 207 207 March 209 209 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In March Zaporozhye Ferro Alloys Plant produced 23.9 thousand tons of ferroalloys, up by 14.9% MoM, or by 3.1 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, in January-March ferroalloy output at ZZF decreased by 19.9% YoY, or by 15.3 thousand tons, to 61.4 thousand tons. (Ukrainian metal)
In January-March Metinvest produced 7911 thousand tons of iron ore concentrate, down by 3.7% QoQ, or by 307 thousand tons. Severniy and Central GOKs produced 145 thousand tons and 186 thousand tons of concentrate less respectively, though Ingulets GOK increased output by 29 thousand tons. The output decrease was the result of the price and…
In 2016 Dneprovsky Iron and Steel Works named after Dzerzhinsky plans to increase steel output by 33.08% YoY, or by 789 thousand tons, to 3.09 million tons. According to the company statement, it also intends to produce 5025.9 thousand tons of sinter (3946.7 thousand tons in 2015) and 2879.3 thousand tons of pig iron (2324.5…
Ceramet believes that ferrous scrap exports with duty of 30 euro per ton will become unprofitable if the scrap prices drop to $200 per ton FOB Black Sea. In this case the duty will start limiting the exports. “As the duty is not linked to the price situation, its effects on the local market can…
Norilsk Nickel, the world’s largest nickel and palladium producer, announces preliminary consolidated production results for the first quarter of 2016. In Q1 consolidated nickel production amounted to 64 kt, down by 6% YoY. Nickel output from the company’s own Russian feed reached 52 kt, down 5% YoY. The decrease was driven mostly by the ongoing…
In March Nikopol Ferroalloy Plant produced 55.6 thousand tons of silicomanganese, up by 2.6% MoM, or by 1.4 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, its ferromanganese output went up 16 times MoM, or by 6 thousand tons, to 6.4 thousand tons. In January-March NZF produced 156.2 thousand tons of silicomanganese, down…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 360 360 292 292 March 374 374 307 307 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the…