Metals of Ukraine & Russia: cold-rolled coils (structural steel), April 2015

Ukraine: Ukrvtorchermet looses up in 2014

In 2014 Ukrvtorchermet (Kiev) received 1497.46 million UAH of losses.

Metals of Ukraine & Russia: cold-rolled coils (ordinary steel), April 2015

Russian export prices are down by $10-15.

Ukraine: Ferrexpo quarterly profit halves

Ferrexpo PLC said its profit halved in the first quarter of 2015 after revenue was impacted by lower iron ore prices and lower sales.

Ukraine: pig iron output up two months in a row

In April Ukraine produced 1708 thousand tons of pig iron, up by 8.8%, or by 138 thousand tons MoM.

Ukraine: manganese ore export-import in January-April 2015

In April Ukraine imported $20.39 million worth of manganese ore, with exports on the level of $1.38 million.

Ukraine: no profits for Zakarpatvtormet in 2014

In 2014 Zakarpatvtormet (Uzhgorod) received 1.09 million UAH of losses.

Ukraine: Metinvest misses $114 million in Eurobond payment

Metinvest missed repayment of outstanding principal on its $114 million 10.25% notes, maturing on May 20, 2015. The company has issued no statement yet as to the ongoing consultations with its creditors. The non-payment is tantamount to default as the 2015 notes foresee no remedy period. The nonpayment also triggers cross-default, which is supposed by the provisions of its 2015, 2017, 2018 notes, as well as its PXF facilities.

Ukraine: rolled metal output up in April 2015

In April Ukraine produced 1660 thousand tons of rolled metal, up by 15.8%, or by 226 thousand tons, MoM.

Metals of Ukraine & Russia: concentrate, April 2015

Export prices are down by $5-10.

Ukraine: iron ore export-import in January-April 2015

In April Ukraine exported $160.77 million worth of iron ore, with imports on the level of $3.25 million.

Metals of Ukraine & Russia: pellets, April 2015

Export prices are down by $5-10.

Ukraine: UGMK profits in 2014 reach 52 million UAH

In 2014 Ukrainian Mining and Metallurgical Company (UGMK, Kiev) received 52.09 million UAH of profits.

Metals of Ukraine & Russia: sinter ore, April 2015

Export prices are down by $5.

Ukraine: Ferrexpo’s AGM approves of $3.3 cents final dividend

According to the press-release of Ferrexpo, the leading producer and exporter of iron ore pellets in Ukraine, the company’s AGM has approved of a $3.3 cents final dividend. Earlier Ferrexpo’s Board of Directors has proposed a final dividend in respect of profits generated by the company in 2014 of $3.3 cents per ordinary share, payable on May 29, 2015 to shareholders of record as of May 1, 2015. The AGM also approved of the company’s financial report for 2014 and re-appointed Ernst & Young LLP as auditors. 

Ukraine: losses down for Odessa Vtormet in 2014

In 2014 Vtormet (Odessa) received 2.03 million UAH of losses.

Metals of Ukraine & Russia: coke (fraction 25+ mm), April 2015

Export prices are up by $5.

Ukraine: coke export-import in January-April 2015

In April Ukraine imported $43.57 million worth of coke, with exports on the level of $3.36 million.