Ukraine: MGOK and Valki-Ilmenit ilmenite output in January-August 2016

In January-August Mezhdurechensky Mining and Processing Works and Valki-Ilmenit, both a part of Group DF, produced 132.1 thousand tons of 42% ilmenite concentrate. In particular, MGOK produced 99.4 thousand tons, while Valki-Ilmenit yielded 32.7 thousand tons. “The output volumes of both companies correspond to our target figures. We intend to increase output in response to…

Russia: Krasnoyarskkrayugol yields 3.9 million tons of coal in January-September 2016

In January-September enterprises of the Krasnoyarskkrayugol mined 3.9 million tons of coal, up by 231 thousand tons from the target figure.

The companies are steadily increasing their capacities. This year Krasnoyarskkrayugol plans to mine 6 million tons of coal. (Ukrainian metal)

Ukraine: Lviv needs 1 billion UAH to modernize mines

Lviv regional state administration evaluates the modernization of all its mines at 1 billion UAH. “To modernize all mines, long faces, etc. we need 1 billion UAH”, Rostislav Zamlynsky, deputy head of the Lviv regional state administration, reported. According to him, the administration has already created a list of mines that need to be modernized…

Russia: Profil-Akras output in September 2016

In September the Profil-Akras Pipe Works produced 13.3 thousand tons of products.

The company sold 13.5 thousand tons of products in September. 3.1 thousand tons were exported, with 25% of this volume going to Europe.

Profil-Akras intends to increase exports. (Ukrainian metal)

Metals of Ukraine & Russia: scrap (grade 3a), August 2016

Month

Russian market, $/t, FCA, without VAT, $1/RUR64.91*

min

max

July

62

163

August

62

169

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Metals of Ukraine & Russia: beams (structural steel), August 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR64.91*

min

max

July

581

775

August

581

775

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Metals of Ukraine & Russia: round billets (structural steel), August 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489*

min

max

July

346

346

August

346

346

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: metal companies investing in development

In H1 Ukrainian metal companies investments dropped by 16% YoY. According to the experts, this has to do with the gradual completion of investment programs, started in 2012-2013. In H1 the largest investments into their redevelopment were made by Zaporizhstal (820.9 million UAH), ArcelorMittal Kriviy Rih (743.6 million UAH) and Mariupol Ilyich Iron and Steel…

Ukraine: Zaporizhstal increases salary

Zaporizhstal has increased wages to its employees by 5%. According to the company statement, the increase was made within the framework of salary increase of Metinvest companies. This is the second time this year that the salary is increased. The first time it went up by 10%. “The salary increase will partially compensate for the…

Russia: OEMK produces 70-millionth ton of steel

The electric furnace shop of Oskol Electrometallurgical Works has produced the 70-millionth ton of steel.

According to the company statement, the output volumes were gradually increased with machinery and techniques modernization. (Ukrainian metal)

Metals of Ukraine & Russia: foundry pig iron, August 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489*

min

max

July

253

253

August

247

247

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)