Energomashspetsstal will produce 226 tons of die tooling parts for VSMPO-Avisma (Russia).
In 2015 Ukraine exported mostly raw materials and semi-finished products.
In 2016 Corum Group plans to start selling stage loaders.
In January Ukraine produced 1920 thousand tons of pig iron, down by 2% MoM, or by 39 thousand tons.
Sberbank Rossii demands Zaporizhstal accounts and assets worth 249 million UAH to be arrested.
The ministry of economical development and trade wants to keep high scrap export levels despite the catastrophic shortages on the local market.
In January Ukraine produced 53 thousand tons of steel pipes, down by 29.3% MoM, or by 22 thousand tons.
In 2015 Mezhdurechensky Mining and Processing Works produced 158.9 thousand tons of concentrate, up by 9.6% YoY.
In January Ukraine produced 1938 thousand tons of steel, up by 0.4% MoM, or by 7 thousand tons.
The Ministry of economical development and trade plans to create a list of equipment needed to conduct operations with metal scrap.
Marganets and Ordzhonikidze Mining and Processing Works have been idle since the year start. This is explained by the drastic fall of manganese concentrate and sinter demand fall – the works simply cannot sell their products.
In 2016 Corum Group plans to start repairing bulky machinery.
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.