Ukraine: metal sales up in January-February 2016

In January-February metal sales on the local market went up by 27% YoY, to 0.54 million tons. Together with pipes the volume is 0.59 million tons.

Russia: UC Rusal and TransContainer sign long-term agreement

UC Rusal, a leading global aluminum producer, and TransContainer announce the signing of a 3-year contract to ship Rusal products in containers.

Ukraine: AMKR CEO appointed CEO of AM CIS

Paramjit Kahlon, vice-president of ArcelorMittal Kriviy Rih and member of the group management committee, has been appointed the chief executive officer of ArcelorMittal CIS (ArcelorMittal Kryviy Rih and ArcelorMittal Temirtau, Kazakhstan), effective as of May 1, 2016. As before, he reports to Davinder Chugh, senior executive vice-president of ArcelorMittal and chief executive officer of Africa and CIS (ACIS) region.

Russia: Norilsk Nickel board approves of quasi-treasury shares sale to Crispian

The Board of Directors of Norilsk Nickel has approved of the sale to Crispian Investments Limited of 1250075 ordinary shares (constituting 0.79% of the total share capital of the company) for a total of $158 million.

Ukraine: metal companies calling for mining meeting

Heads of Ukrainian metal companies have addressed the Prime-Minister Vladimir Groisman, asking him to arrange a meeting to discuss the problems in the industry and develop the program of stabilization.

Ukraine: Security Service stops pipe imports from Russia

The Security Service of Ukraine has prevented the purchase of low-quality pipes from Russia valued at almost 25 million UAH by a state enterprise in Poltava region.

Ukraine: PGOK exports 3 million tons of pellets in Q1 2016

In January-March Poltava Mining and Processing Works exported 3.17 million tons of iron ore pellets.

Ukraine: scrap export duty up

The Verkhovnaya Rada of Ukraine has passed an act on the increase of the ferrous scrap export duty from 10 euro per ton to 30 euro for 3 years. 268 people’s deputies have supported the act.

Ukraine: PFK to switch from Kazakh coal to Ukrainian coal

Pobuzhye Ferronickel Plant plans to stop importing power-generating coal from Kazakhstan and switch to Ukrainian raw materials.

Ukraine: Mariupol Ilyich and Zaporizhstal comments on Turkey’s decision to cancel hot-rolled metal investigations

The Ministry of economy of Turkey has cancelled temporal measures on hot-rolled coil imports from China, Russia, Japan and Slovakia.

Ukraine: Mariupol Ilyich brings out 8 new products

In 2016 Mariupol Ilyich Iron and Steel Works has started producing 8 new types of products, with the most of them coming from the cold-rolled shop.

Ukraine: Evraz DMZ semis output down in Q1 2016

In January-March Evraz Dniepropetrovsk Iron and Steel Works named after Petrovsky decreased steel semi-finished products (billets) output, at the same time increasing rolled metal (structural steel) output. According to the company statement, this has to do with the market demand.

Ukraine: people’s deputies supporting scrap export limitations

A people’s deputy Sergey Taruta supports limitations of ferrous scrap exports from Ukraine.

Ukraine: Zaporizhstal demands scrap export duty of 60 euro

Under the current price situation on the global markets, scrap export duty from Ukraine should be on the level of 50-60 euro per ton.

Ukraine: scrap market to face decriminalization

The Ministry of economical development and trade plans to pass to the Verkhovnaya Rada the decree on scrap market decriminalization.

Ukraine: city mayors call on people’s deputies to raise scrap export duty

Ukraine is suffering from the drastic shortage of scrap. This has already affected output and the country economy, say Zaporozhye and Mariupol mayors in their letter to the parliament.

Ukraine: 30-euro scrap export duty is not enough

The Parliament committee on industrial policy has suggested imposing a scrap export duty on the level of 30 euro per ton.

Ukraine: ministry hurrying to give out scrap export quotas

On April 25, the Ministry of economical development and trade plans to give out another batch of ferrous scrap export quotas.

Ukraine: PFK ends 2015 with losses

In 2015 Pobuzhye Ferronickel Plant received 224.15 million UAH of losses.

Ukraine: coke export-import in March 2016

In March 2016 Ukraine imported $10.61 million worth of coke, while exports totaled $2.66 million.

Ukraine: Interpipe changes board

The supervisory board of Interpipe Novomoskovsk Pipe Works has dismissed 2 members of the board and appointed 1 member.

Ukraine: Mariupol Port receives raw materials for 2 works

Mariupol Sea Trade Port has received a coastal cargo vessel with raw materials for Mariupol Ilyich Iron and Steel Works and Azovstal.

Ukraine: Ilyich Works to be renamed

The employees of the Mariupol Ilyich Iron and Steel Works want their company to be named after Zot Nekrasov.

Ukraine: DEMZ reelects CEO

Shareholders of Donetsk Electrometallurgical Plant have reelected Vladimir Nikitashev the company general director.

Ukraine: pig iron export-import in March 2016

In March Ukraine exported $21.47 million worth of pig iron, while imports reached $0.05 million.

Ukraine: ferronickel cost price up due to railroad tariff increase

The increase of the railroad tariffs has led to the increase of the ferronickel cost price at Pobuzhye Ferronickel Plant.