Month Russian market, $/t, $1/RUR61.272* Ukrainian market, $/t without VAT, $1/UAH27.763* min max min max January 231.21 299.21 174.12 198.10 February 231.21 299.21 181.05 181.05 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 28.02.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)…
Russian export prices are down by $35-60.
In 2014 Kharkiv Works named after Frunze, the major Ukrainian perforated metal wares manufacturer, received income of 26.95 million UAH.
In February Ukraine produced 1588 thousand tons of steel, down by 15.3%, or by 286 thousand tons, MoM.
In 2014 Novovolynskiy Casting Works decreased its net losses by 22.1%, to 12.11 million UAH, YoY.
In February Ukraine produced 1341 thousand tons of rolled metal, down by 21.9%, or by 376 thousand tons, MoM.
Alchevsk Iron and Steel Works has finished 2014 with 20.18 billion UAH of losses.
According to the recent data published by the World Steel Association (World Steel), the crude steel production by Commonwealth of Independent States (CIS) declined by 6.0% during the month of February YoY.