Ukraine: Zaporizhstal decreasing expenses
In 2015 with the help of continuous development program Zaporizhstal was able to decrease its expenses by 950 million UAH.
In 2015 with the help of continuous development program Zaporizhstal was able to decrease its expenses by 950 million UAH.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.152* min max December 346.92 380.11 January 305.71 360.56 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.01.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In January Donetsk region witnessed a slight decrease of metal output – by 0.1%, with coke output down by 9%, all MoM.
Month Russian market, $/t, EXW, without VAT, $1/RUR75.172* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.152* min max min max December 267.52 363.17 245.69 286.02 January 224.02 282.28 239.85 278.71 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.01.16 according to the National Bank of Ukraine and the Central Bank of the…
In 2015 ArcelorMittal Berislav received 40.4 million UAH of losses.
The future of the steel construction depends on the state policy in attracting investments and on the Ukrainian metal construction sales on new markets.
A Zaporozhye private company tried to export over 200 tons of ferrosilicon valued at 360 thousand UAH to Moldova. Export duty for this alloy is 0%.
In January Ukraine produced 6544 thousand tons of iron ore and iron ore concentrate, down by 3.2% MoM, or by 2156 thousand tons.