Ukraine: SevGOK commissions first line of crushing and conveying system

Pervomaisky open pit mine of the Severniy Mining and Processing Works, a part of Metinvest Group, has commissioned the first start-up facility of the iron ore crushing and conveying system. It is the independent Ukraine’s largest project in the mining sector. Investments in the first line of the crushing and conveying system totaled 1.9 billion…

Metals of Ukraine & Russia: hot-rolled coils, May 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166*

min

max

April

283

377

May

379

442

* – 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)

Ukraine: Centrenergo to buy 1.6 billion UAH worth of coal

In July-December power-generating company Centrenergo plans to buy 1.6 billion UAH worth of coal from DTEK Sverdlovskantrazit.

In 2015 Centrenergo produced 8422.15 million kW-h of electricity, down by 32.7% YoY. Its net profits fell 3.4 times, to 21.85 million UAH, with net income down by 9.2%, to 6863.84 million UAH. (Ukrainian metal)

Metals of Ukraine & Russia: bars (structural steel), May 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR66.0825*

min

max

April

484

484

May

484

484

* – 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)

Ukraine experiencing problems with coal sales

The state coal market operator Derzhvuglepostach (DVP) has problems selling coal of state mining companies. “For the past two years the demand for electricity has fallen dramatically. Eastern territories have been taken from us, Energoatom loadings have increased. So, yes, there are problems with sales”, said the company director Andrei Plyugin. DVP sells only gas-generating…

Russia: Nornickel presents new brand

Norilsk Nickel presents its new brand. Changes involved its name, view and key elements of the brand platform. New image of Nornickel is a quintessence of ideas and values related to the company’s activities represented graphically and visually. ‘Reliability’ and ‘Hope’ are the key words of the new communication platform. Reliability means quality of metal…

Ukraine: Evraz Sukhaya Balka ore output down in H1 2016

In January-June Evraz Sukhaya Balka mined 1.3 million tons of iron ore, down by 6.2% YoY.

According to a company representative, in June ESB mined 257 thousand tons of ore.

Last year it produced 2.81 million tons of iron ore, down by 2.7% YoY. (Ukrainian metal)

Metals of Ukraine & Russia: squares (ordinary steel), May 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166*

min

max

April

370

370

May

504

558

* – 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)

Ukraine: VR increases scrap export duty

The Verkhovnaya Rada of Ukraine has increased the export duty on the ferrous metals scrap from 10 euro per ton to 30 euro for 1 year and cancelled the registration of import contracts. 248 people’s deputies supported the new version of the decree, which blocked the previous one on the 3-years term. “This is the…

Russia: Rusal to supply all aluminum in long run

The largest global aluminum producer Rusal wants to supply all the metal produced to Russia in the long run, Sales Director for Russia and CIS Roman Andryushin said.

Rusal expects aluminum consumption to grow from 1.4 million tons per year at present to 2.5 million tons by 2024, the manager said. (TASS/Ukrainian metal)