Rinat Akhmetov’s DTEK assets have been illegally privatized and their return to the state ownership will look not like reprivatization or nationalization, but like a return of the wrongfully amortized property.
Zaporizhstal has concluded a contract to carry out design and survey work on construction of the hot-rolled coils complex within the converter shop. The sum of the contract is about 100 million UAH.
Month Russian market, $/t, EXW, without VAT, $1/RUR66.478* min max July 60 159 August 60 159 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.08.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Mariupol Ilyich Iron and Steel Works and Primetals Technology (Austria) have signed an agreement to construct a continuous casting machine.
Metallurgprom board of directors has appointed Alexander Kalenkov, the Institute for strategic researches director, the president.
In January-August Ukraine imported $1121.34 million worth of anthracite and black coal, including $138.11 million in August.
According to the Metinvest CEO Yuri Ryzhenkov, Mariupol Ilyich Iron and Steel Works and Azovstal Iron and Steel Works operate at 80-85% of their capacities, while Severny, Ingulets and Central Mining and Processing Works have all their capacities fully loaded.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.185* min max July 176 178 August 161 177 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.08.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
