2016 mining plans for DTEK Dobropolyeugol mines (except for Belozerskaya mine) have been decreased to 3.1 million tons due to the excess of gas coal in Ukraine as the result of the drop in electricity output.
Month Russian market, $/t, EXW, without VAT, $1/RUR75.172* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.152* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max December 24.58 29.31 23.19 25.01 40.00 60.00 50.00 60.00 January 22.55 28.18 20.54 22.20 40.00 60.00 50.00 60.00 * -…
Ingulets Mining and Processing Works will supply a trial batch (20 thousand tons) of 68% iron content concentrate to ArcelorMittal Poland S.A.
In January-February Dneprospetsstal produced 31.29 thousand tons of steel, down by 5.1% YoY. Rolled metal output decreased by 7.4%, to 21.24 thousand tons.
Since the beginning of March rebars on the local secondary market went up in price by 10-15%, to 10.2-11.5 thousand UAH per ton.
Month Russian market, $/t, EXW, without VAT, $1/RUR75.172* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.152* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max December 350.95 517.68 333.78 387.67 315.00 315.00 320.00 325.00 January 360.84 531.79 344.92 351.16 315.00 315.00 310.00 315.00…
In 2015 Yenakievo Iron and Steel Works increased its net losses by 39.4% YoY, to 544.54 million UAH.
The Cabinet of Ministers has simplified the registration of the ferrous metals scrap export contracts.