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Author Archives: admin

Ukraine: Ferrexpo quarterly profit halves

FerrexpoBy admin03.06.2015Leave a comment

Ferrexpo PLC said its profit halved in the first quarter of 2015 after revenue was impacted by lower iron ore prices and lower sales.

Ukraine: pig iron output up two months in a row

Ukrainian pig iron outputBy admin02.06.2015Leave a comment

In April Ukraine produced 1708 thousand tons of pig iron, up by 8.8%, or by 138 thousand tons MoM.

Metals of Ukraine & Russia: scrap (grade 2A), April 2015

scrapBy admin02.06.2015Leave a comment

Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.047* min max March 198 201 April 191 193 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: manganese ore export-import in January-April 2015

manganese oreBy admin02.06.2015Leave a comment

In April Ukraine imported $20.39 million worth of manganese ore, with exports on the level of $1.38 million.

Metals of Ukraine & Russia: scrap (grade 3A), April 2015

scrapBy admin02.06.2015Leave a comment

Month Russian market, $/t, EXW, without VAT, $1/RUR51.703* min max March 188 232 April 97 220 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: no profits for Zakarpatvtormet in 2014

ZakarpatvtormetBy admin02.06.2015Leave a comment

In 2014 Zakarpatvtormet (Uzhgorod) received 1.09 million UAH of losses.

Metals of Ukraine & Russia: strips (structural steel), April 2015

stripsBy admin02.06.2015Leave a comment

Month Russian market, $/t, EXW, without VAT, $1/RUR51.703* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.047* min max min max March 687.21 687.21 571.23 571.23 April 764.37 764.37 496.86 496.86 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.15 according to the National Bank of Ukraine and the Central Bank of the…

Ukraine: Metinvest misses $114 million in Eurobond payment

Metinvest Group of CompaniesBy admin02.06.2015Leave a comment

Metinvest missed repayment of outstanding principal on its $114 million 10.25% notes, maturing on May 20, 2015. The company has issued no statement yet as to the ongoing consultations with its creditors. The non-payment is tantamount to default as the 2015 notes foresee no remedy period. The nonpayment also triggers cross-default, which is supposed by…

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