Ukraine: Zhevago to lose Vostok-Ruda
Konstantin Zhevago, the main owner of Poltava Mining and Processing Works, could lose his iron ore division – Vostok-Ruda.
Konstantin Zhevago, the main owner of Poltava Mining and Processing Works, could lose his iron ore division – Vostok-Ruda.
In January Dneprovsky Iron and Steel Works named after Dzerzhinsky produced 151.9 thousand tons of steel.
Month Russian market, $/t, EXW, without VAT, $1/RUR72.883* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.001* min max min max November 317.15 513.56 311.47 392.78 December 307.62 513.56 310.04 381.20 * – 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…
In January Dneprospetsstal produced 11 thousand tons of rolled metal, down by 8.3% YoY.
Mariupol Ilyich Iron and Steel Works started producing galvanized rolled metal according to EN 10346, which is used in construction.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH24.001* min max November 196.22 196.22 December 196.22 196.22 * – 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)
Ukrainian metal industry is losing currency due to the metal exports decrease.
Interpipe has changed its approach to supplying scrap to Interpipe Steel.