Makeevka subsidiary of Yenakievo Iron and Steel Works plans to put its wire rod 150 mill into operation. “Rebar 390 mill is working normally and produces 1.2 thousand tons of metal daily”, said the company in its statement. The EMZ itself is constantly increasing output. “The company produces 2.8 thousand tons of pig iron, as…
In May Ukraine exported $154.07 million worth of flat rolled metal, with imports on the level of $45.38 million.
According to the State Fiscal Service, Russia was the largest importer of flats in May ($23.97 million).
In January-May Ukraine exported $670.6 million worth of flat rolled metal, while imports totaled $186.42 million. (Ukrainian metal)
In May Ukraine exported $31.48 million worth of steel pipes, with imports on the level of $6.34 million.
According to the State Fiscal Service, Russia was the major importer of pipes ($6.31 million).
In January-May Ukraine exported $153.68 million worth of steel pipes, while imports reached $50.71 million. (Ukrainian metal)
Zaporozhyeoblenergo power company has limited energy supplies to Zaporozhye Titanium and Magnesium Works because of the 300 million UAH debt for electricity. The power company informed ZTMK about the debt and its intention to limit electricity supply. On February 9, ZTMK was cut from electricity for a debt of 193 million UAH, but shortly after…
NLMK Kaluga, a new generation EAF plant (part of NLMK Long Products) that manufactures a wide range of long products and sections used in construction, has produced its two millionth ton of finished steel. The mill produced its three millionth ton of crude steel in its EAF shop earlier in June. The plant uses its…
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166*
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
ArcelorMittal Berislav has dismissed Wilhelmer Michael from the office of the supervisory board. Michael has resigned, he owns no company shares. In 2015 ArcelorMittal Berislav received 40.4 million UAH of losses, having increased its net income 3.3 times YoY, or by 48.26 million UAH, to 68.98 million UAH. The company mines limestone used in construction…
Ukrzaliznytsia (Ukrainian Railways) has chosen Metinvest-SMC to supply 25.4 thousand tons of construction materials worth 616.05 million UAH.
In particular, the railroad intends to buy 25435 tons of sections, encased piles and construction elements of railroad and tramways of hot-treated steel. Metinvest-SMC has to deliver the products by the year-end. (Ukrainian metal)
In May Ukraine exported $150.18 million worth of long rolled metal products, with imports on the level of $14.42 million. According to the State Fiscal Service, Russia was the largest importer of Ukrainian long rolled metal in May ($21.17 million). In January-May Ukraine exported $675.77 million worth of long rolled metal products, while imports totaled…
Month Russian market, $/t, DDP, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.166* min max min max April 650 890 760 900 May 640 940 760 900 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the…
A meeting of the State Commission for the Development of the Arctic Region presided by the deputy chairman of the government of the Russian Federation Dmitry Rogozin and attended by Nikolai Rogozhkin, envoy from the President of the Russian Federation in the Siberian Federal District, took place in the first two weeks of June on…
In May metal companies didn’t receive 79 thousand tons of scrap, according to the state enterprise Ukrpromvneshexpertisa. “Despite the decree prohibiting scrap export, the market was 79 thousand tons short. This forced metal companies to import raw materials (6 thousand tons of scrap and 18 thousand tons of hot-briquetted iron) and use too much pig…
Limitations of the throughput rate of the railroad stage Kamysh-Zarya – Volnovakha results in the failure with raw materials delivery to Azovstal and Mariupol Ilyich Iron and Steel Works, that have to decrease output, while Ukraine loses some $1.5 billion of revenues per year. According to Ilyich Works CEO Yuri Zinchenko, because of the lack…
Dneprovsky Iron and Steel Works plans to stop its blast furnace No. 9 for capital repairs on June 25.
According to the company statement, the repairs will last for 1 month.
The overhaul will see the replacement of 46 cold kilns, charging equipment, notch plugging and breaking machine and the kiln shell. (Ukrainian metal)
The state enterprise Ukrpromvneshexpertisa believes the square billet prices in July will decrease by $5-10 per ton MoM, to $300-310 per ton FOB Black Sea. Rolled metal price drop has to do with the Ramadan in the Near East and the season of vacations in Europe. The demand for the square billets on the world…
Kola Mining and Metallurgical Company has won the regional stage of the Best Insurer (compulsory pension insurance) competition hosted by the Pension Fund of the Russian Federation for its performance in 2015. The competition has been hosted by the Pension Fund of Russia since 2011. Its main goal is to improve social responsibility of employers…
In May Zaporozhye Ferro Alloys Plant produced 24.4 thousand tons of ferroalloys, up by 1.6% MoM, or by 0.4 thousand tons.
According to the company statement, in January-May it produced 110.6 thousand tons of ferroalloys, down by 13.1% YoY, or by 16.7 thousand tons. (Ukrainian metal)
In May Ukraine produced 84.7 thousand tons of manganese concentrate and sinter, up by 43.2% MoM, or by 36.6 thousand tons.
According to the Association of Ukrainian Ferroalloy Producers, in January-May manganese concentrate and sinter output decreased by 46.1% YoY, or by 221.8 thousand tons, to 259.6 thousand tons. (Ukrainian metal)
In May Ukraine imported $8.07 million worth of manganese ore, while imports reached $0.1 million.
According to the State Fiscal Service, in May Ukraine imported mostly from Australia ($2.85 million).
In January-May manganese imports totaled $31.22 million, while exports were on the level of $1.23 million. (Ukrainian metal)
The deputy minister of energy and coal industry of Ukraine Dmitry Labozhenko has discussed prospects of cooperation in modernization of state coal companies with the representatives of the State Development Bank of China. Ukraine has already received Chinese credit to modernize a Lisichanskugol mine ($85 million). In 2012 Naftogaz Ukrainy signed an agreement with the…
The Commercial court of Lugansk region decided to collect the debt of 742.35 million UAH from Alchevsk Iron and Steel Works for electricity provided by the Lugansk power company. According to the decree, the works has also to pay 151.43 million UAH of fines. The power company states, that Ukraine-uncontrolled territories of Lugansk region receive…
The Zarechnaya mine is being taken from Lvivugol. Vladimir Lokshina has been appointed the acting director of the mine. The mine was put into operation in 1970 and joined Lvivugol in 2003. According to the Cabinet of Ministers decree of 2015 the mine was included in the list of profitless companies to be shut down.…
Donetsk Iron and Steel Works has resumed operation after a forced delay following the partial stop of railroad connection in the ATO zone. The works has already produced 1.5 thousand tons of pig iron. At the same time Alchevsk Iron and Steel Works has been working at low capacities for a week. It produces some…
ArcelorMittal Kriviy Rih has started producing a new type of reinforcement steel – A400 die-rolled section rebar with 6 mm diameter according to DSTU 3760:2006. Such rebars are used in housing and industrial construction. “We have increased the range of our rolled products from 22 types to 56. The new A400 rebars have been developed…