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

Month

Russian market, $/t, EXW, without VAT, $1/RUR64.2575*

min

max

May

498

498

June

498

498

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

World market: ArcelorMittal celebrating 10 years of industry leadership

On August 1, 2006 Arcelor and Mittal Steel merged to create ArcelorMittal, the world’s leading steel company. The past decade has not always been easy, but the tenth anniversary is an opportunity to celebrate ten years of industry leadership. With a focus on sustainability, quality and leadership as the main values, there is much to…

Ukraine: Metinvest steel output up in H1 2016

In January-June Metinvest produced 4.18 million tons of carbon steel, up by 8% YoY.

According to the company statement, Q2 output totaled 2.19 million tons, up by 10% QoQ. (Ukrainian metal)

Ukraine: metal output up in January-July 2016

In January-July Ukraine produced 14.49 million tons of carbon steel, up by 10.5% YoY. Pig iron output went up by 16.3%, to 13.99 million tons, while that of rolled metal – by 10.5%, to 12.68 million tons, all YoY. Metallurgical coke production rose by 20.4%, to 7.56 million tons, while that of steel pipes dropped…

Metals of Ukraine & Russia: foundry pig iron, June 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854*

min

max

May

287

314

June

265

265

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: coal deliveries from ATO zone resumed

After almost a 2-months break Ukraine resumed coal deliveries from the Antiterrorist operation zone via Nikitovka – Mayorsk route. 43 railroad cars brought coal for Ukraine’s thermal power plants. The railroad movement there stopped on June 1. On June 5, the railroad was heavily damaged by shelling. On July 27 railroaders from Ukraine and the…

Russia: Kola completes gas duct repairs

Kola MMC (Norilsk Nickel affiliate) has completed repair of worn-out sections of the gas duct from metallurgical shop to sulfuring acid production department of refining shop. Total of 15 sections of the gas duct were replaced with the total lengths of 293 m. Pechengastroy, Kola MMC subsidiary, was responsible for replacement of gas duct segments.…

Ukraine: Gorlovka mines drowning

Three mines in the Russia-supported terrorists-occupied Gorlovka are operating in life-supporting mode, while another one has been flooded.

For the last two years miners received only 3-months worth of salary. At the same time Artemugol received some Russian money to clear June salary debts. (Ukrainian metal)