In January-March Poltava Mining and Processing Works exported 3.17 million tons of iron ore pellets.
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.
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.
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.
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.
A people’s deputy Sergey Taruta supports limitations of ferrous scrap exports from Ukraine.
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.
The Ministry of economical development and trade plans to pass to the Verkhovnaya Rada the decree on scrap market decriminalization.
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.
The Parliament committee on industrial policy has suggested imposing a scrap export duty on the level of 30 euro per ton.
On April 25, the Ministry of economical development and trade plans to give out another batch of ferrous scrap export quotas.
In March 2016 Ukraine imported $10.61 million worth of coke, while exports totaled $2.66 million.
In March Ukraine exported $21.47 million worth of pig iron, while imports reached $0.05 million.
The increase of the railroad tariffs has led to the increase of the ferronickel cost price at Pobuzhye Ferronickel Plant.
In January-March Evraz halted its Sukhaya Balka Works temporarily because of the low demand for iron ore.
In March Ukraine exported $34.98 million worth of steel pipes, while imports reached $10.67 million.
Shareholders of Ogneupornerud have dismissed one supervisor board member and appointed two more instead.