Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* min max September 497.09 497.09 October 497.09 497.09 * – 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 Russian Federation. (Ukrainian Metal)
In October Dneprovsky Iron and Steel Works named after Dzerzhinsky started a unique overhaul – that of sintering machine #12, that was put into operation in 1963.
In January-September Ukrainian metal companies decreased their domestic sales by 21.7% YoY, to 1.96 million tons (13.1% of the total output) from 2.5 million tons (13.3%) in January-September 2014.
Ukraine’s steel production fell by 17% in 11 months, to 21 million tons, mostly due to the military conflict in the east of the country where most of its steel plants are based.
Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* Export, Ukraine, $/t, FOB Black sea ports min max min max min max September 312.08 399.23 325.71 325.71 330.00 330.00 October 312.08 400.00 303.27 303.27 300.00 305.00 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.15…
Metinvest supplies iron ore raw materials to Alchevsk Iron and Steel Works and Donetskstal.
Metinvest group CEO Yuri Ryzhenkov said it was at least incorrect to speak about monopoly on the iron ore raw materials market of Ukraine.
Zaporizhstal has dismissed Vladimir Buryak from the office of the chief engineer and has appointed Andrei Zhuk instead.