Ukraine: UGOK to increase development investments
Yuzhny Mining and Processing Works (UGOK) plans to increase its investments into development of the capacities to 922 million UAH in 2015, up by 32% YoY.
Yuzhny Mining and Processing Works (UGOK) plans to increase its investments into development of the capacities to 922 million UAH in 2015, up by 32% YoY.
Month Russian market, $/t, EXW, without VAT, $1/RUR58.991* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max June 37.61 37.61 82.13 87.53 50.00 75.00 70.00 80.00 July 37.61 37.61 82.13 87.53 55.00 65.00 75.00 80.00 * -…
In August Mariupol Ilyich Iron and Steel Works reached the maximum of its galvanized rolled metal output – 30 thousand tons. Half of the products were produced according to Eurostandards.
Month Russian market, $/t, EXW, without VAT, $1/RUR58.991* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max June 20.37 20.37 35.86 41.26 35.00 40.00 35.00 45.00 July 20.08 20.08 35.86 41.26 35.00 40.00 35.00 45.00 * -…
In August Ukraine exported $37.2 million worth of steel pipes, with imports on the level of $6.91 million.
Metallurgprom forecasts the steel output on the level of 1.9 million tons in October. Rolled metal and pig iron manufacture are expected at 1.8 million tons and 1.9 million tons respectively.
In January-August Ukrainian metal companies consumed 1.38 billion cubic meters of gas, down by 22% YoY.
The largest metal-mining company of Ukraine Metinvest renewed its iron ore supplies to Alchevsk Iron and Steel Works after it was relaunched in June.