Metals of Ukraine & Russia: channel (structural steel), March 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR67.6076*

min

max

February

365

549

March

341

490

* – 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)

Ukraine: new minister against closing mines

Total closing of state mines is out of question, says the new minister of energy and coal industry of Ukraine Igor Nasalik.

Ukraine: SevGOK profits in Q1 2016

In January-March Severniy Mining and Processing Works received 228.9 million UAH of profits, while in the corresponding period of last year it received 875.55 million UAH of losses.

Ukraine: PGOK reelects management board

The supervisory board of Poltava Mining and Processing Works has reelected the management board.

Ukraine: AMKR renews equipment in section-rolling shop

ArcelorMittal Kriviy Rih has finished capital repairs of the heating furnace of the 250-3 mill in the section-rolling shop #1.

Ukraine: steel output up in March 2016

In March Ukraine produced 2174 thousand tons of steel, up by 10.3% MoM, or by 203 thousand tons.

Ukraine: Zaporizhstal starts assembling gas-purifiers on sintering machine #5

Zaporizhstal has started assembling gas-purifying equipment on its sintering machine #5.

Ukraine: DEMZ ends 2015 with losses

In 2015 Donetsk Electrometallurgical Plant received 768.91 million UAH of losses.

Ukraine: Velikoanadolskiy Refractories change supervisory board

Shareholders of Velikoanadolskiy Refractory Works have changed 2 members of the supervisory board.

Ukraine: control over exports of scrap metal should be toughened for ATO period

A special regime to control the origin of scrap metal sent for exports should be introduced in Ukraine for the period of the Anti-Terrorist Operation (ATO), MP Serhiy Taruta has told reporters.

Ukraine: Centravis participated in MESC 2016

Centravis has participated in a prestigious Middle East Steel Conference MESC 2016 sponsored by SABIC and Saudi Aramco held on 17-19 of April in Dubai. Organized by NEFT, MESC conferences since 2011 have been an effective platform for exchange of knowledge between major players in the Oil & Gas industry of the Middle East region. So far, it is the only event of this sort dedicated to the topics related to developing, manufacturing and controlling quality of pipe steels.

Russia: TMK and Bashneft launch joint program

TMK and Bashneft have signed a technology partnership program for 2016-2020.

Ukraine: iron ore output up in March 2016

In March Ukraine produced 6730 thousand tons of iron ore and iron ore concentrate, up by 6.5% MoM, or by 408 thousand tons.

Ukraine: ZALK ends Q1 2016 with losses

In January-March the only Ukrainian primary aluminum producer Zaporozhye Aluminum Works received 577.18 million UAH of losses.

Ukraine: desulfurization shop stopped at Avdiivka Coke

Metinvest has stopped the desulfurization shop #1 at Avdiivka Coke And Chemical Works for an overhaul.

Ukraine: pig iron output up in March 2016

In March Ukraine produced 2048 thousand tons of pig iron, up by 8.6% MoM, or by 163 thousand tons.

Ukraine: long rolled metal export-import in March 2016

In March Ukraine exported $161.39 million worth of long-rolled metal products, with imports on the level of $11.22 million.

Ukraine: Stalkanat-Silur ends 2015 with losses

In 2015 Stalkanat-Silur received 194.97 million UAH of losses.

Ukraine: Q1 2016 scrap deficiency at 176 thousand tons

Interpipe says in January-March ferrous scrap deficiency on Ukrainian market was on the level of 176 thousand tons.

Ukraine: EMSS to supply die tooling to VSMPO-AVISMA

Energomashspetsstal will supply billets of die tooling to the largest titanium producer VSMPO-AVISMA (Russia) in July.

Ukraine: metal sales up in January-February 2016

In January-February metal sales on the local market went up by 27% YoY, to 0.54 million tons. Together with pipes the volume is 0.59 million tons.