In January Ukraine didn’t produce manganese concentrate and sinter.
After the news of the rebar prices fall at Turkish ports and due to the low demand in February 15-19, semi-finished products prices fell by $5-7 per ton and now don’t exceed $260 pet ton CIF. Some manufacturers have decreased their prices for late February deliveries to $257 per ton CIF.
The major Ukrainian ore companies intend to increase ore output in 2016.
In January Ukraine produced 66.7 thousand tons of ferroalloys, up by 17.2%, MoM, or by 9.8 thousand tons.
The state enterprise Vostochny Mining and Processing Works intends to come to terms with BDO Ltd to have its 2015 financial statements audit performed.
In January Ukraine produced 1090 thousand tons of 6% moisture bulk coke, up by 5.4% MoM, or by 56 thousand tons.
Metinvest is pondering the way to resume operation at Khartsyzsk Pipe Works if the logistic situation in the region is normalized.
The National joint-stock company Nadra Ukrainy intends to find an investor to finance prospector works at Krasnorechensk and Paromovsk ilmenite deposits in Zhitomir region.
In 2016 Zaporizhstal plans to deliver some 700 thousand tons of metal via Zaporozhye river port.
In January Ukraine produced 1689 thousand tons of rolled metal, up by 1.3% MoM, or by 22 thousand tons.
In 2015 Vatutino Refractory Works received 23.82 million UAH of net profits.
The state enterprise Ukrpromvneshexpertisa believes the UAH devaluation will have a negative effect on the local ferrous metals procurement.
The State Security Service has stopped a railroad car with scrap metal heading to the occupied territory via Konstaninovka station.
A major dismissal of employees is planned at Khartsyzsk Pipe Works, a part of Metinvest.
In 2015 Ukraine exported 1.7 million tons of steel to Russia, down by 28.5% YoY and almost twice to 2011-2013.
Ukrzaliznytsia (Ukrainian railways) plans to export scrap metal and asks the Ministry of infrastructure to help.
The Ministry of economic development and trade wasn’t able to come to terms with metal companies as to scrap procurement and export in 2016.