Export prices are up by $10.
In January-May Ukraine produced 8 million tons of finished steel, 9.24 million tons of crude steel and 8.36 million tons of pig iron, all down by 29.7%, 28.4% and 30.4% YoY respectively.
In January-May Ukraine exported 18.77 million tons of iron ore, up by 13.8%, worth a total of $926.09 million, down by 44.1%, YoY.
Average minimal export prices are up by $5.
In January-May Ukraine exported 509,361 tons of ferrous scrap metal, up by 58% YoY, worth a total of $126.284 million, up by 26% YoY.
In January-May Ukraine exported $3.64 billion worth of ferrous metals, down by 39.4% YoY. In May alone, exports reached $727,314 million.
In 2014 Svet Shakhtera (Kharkiv) received 81.34 million UAH of profits.
In 2014 Ordzhonikidze Mine-Repairing Works (Dniepropetrovsk region) received 84 thousand UAH of profit.
In 2014 Marganets Mining and Processing Works (Dniepropetrovsk region) received 5.55 million UAH of profits.
In 2014 Zaporozhye Iron Ore Complex (ZZHRK, Zaporozhye region) received 1.09 billion UAH of profits.
Ferrexpo Plc with EPIC LON:FXPO has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘buy’ by analysts at Cantor Fitzgerald. Ferrexpo Plc are listed in the Basic Materials sector within UK Main Market. Cantor Fitzgerald have set a target price of 120 GBX on its stock. This would imply the analyst believes there is a potential upside of 67.2% from the opening price of 71.75 GBX. Ferrexpo Plc LON:FXPO has a 50 day moving average of 71.63 GBX and a 200 day moving average of 79.73 GBX. The 1 year high for the share price is 144.56 GBX while the year low stock price is currently 47.6 GBX.
In May Zaporizhstal produced 332.4 thousand tons of pig iron, 362.8 thousand tons of steel and 301.2 thousand tons of rolled metal, all up by 17.6%, 9.8% and 5.4% respectively YoY. According to the company statement, in January-May it produced 1.46 million tons of pig iron, 1.59 million tons of steel and 1.37 million tons…