Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* min max min max September 306.80 653.54 428.96 436.61 October 313.79 653.54 417.09 417.09 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.15 according to the National Bank of Ukraine and the Central Bank of the…
Zaporizhstal has received a part of its VAT debt (297 million UAH) and resumed construction of gas-purifying machines at its sinter shop.
In 2015 Ukrainian metal companies are expected to produce 23 million tons of steel, 22 million tons of pig iron and 20 million tons of rolled metal, all down by 15%, 11% and 16% YoY respectively.
Azovstal Iron and Steel Works repairmen have joined Metinvest-PromServis, and that positively affects their salary.
The Independent Miners Union of Ukraine, Volynugol and Novovolynskaya mine #1 have decided to invade the Yagodin customs if they are not paid 2.5-months salary debts.
Increase in railroad tariffs would worsen the coal industry crisis, leaving dozens of thousand of miners jobless.
The administration of Lugansk region has reported that due to the halt of the Pervomayskaya mine bilge complex mine waters could cause an industrial disaster.
Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* min max min max September 430.30 430.30 428.96 428.96 October 430.30 430.30 417.09 417.09 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.15 according to the National Bank of Ukraine and the Central Bank of the…