METALS OF UKRAINE & RUSSIA: STEELMAKING PIG IRON, JANUARY 2015

Ukrainian export prices are up by $15-40, Russian – by $25-30.

Ukraine: Central GOK profits halved in 2014

In 2014 Central Mining and Processing Works (Central GOK, Dniepropetrovsk region), a part of the Metinvest group, decreased its net profit by 51.2%, to 767.85 million UAH YoY.

Ukraine: pig iron output down in January 2015

In January Ukraine produced 1720 thousand tons of pig iron, down by 3%, or by 54 thousand tons, MoM.

Ukraine: Metinvest SMC opens new warehouse in Dniepropetrovsk

Metinvest SMC, Metinvest Group’s wholesale and retail sales channel in Ukraine, opened a new warehouse to hold a buffer stock of pipe products and a retail metal center.

Ukraine: Energomashspetsstal to make products for Europe companies

Energomashstpetsstal (EMSS) will produce a large batch of billets for three European companies. The total weight of the billets will reach3875.6 tons.

Ukraine: steel mills’ pretax loss 84.4% up due to credit tightening

The pretax losses of Ukrainian metal companies (negative financial results from ordinary activities before taxation) rose by 84.4%, to UAH 22.5 billion, from UAH 12.2 billion as of the end of 2014, according to preliminary data.

Ukraine: iron ore output up in January 2015

In January Ukraine produced 6612 thousand tons of iron ore and iron ore concentrate, up by 7%, or by 431 thousand tons, MoM.

Ukraine: ferroalloy production down in January 2015

In January Ukrainian ferroalloy companies produced 82.6 thousand tons of ferroalloys, down by 0.5% YoY.

Ukraine: Metinvest opens up an office in Spain

Metinvest has set up a trade representative in Spain – Metinvest Iberica. The company will be responsible for strengthening cooperation with Metinvest rolled steel consumers in Spain and Portugal and for services.

Ukraine: Euroasian Economic Commission rods investigation continues

Euroasian Economic Commission has informed of the prolongation of the antidumping investigation of hot-rolled carbon and alloyed steel rods, produced in Ukraine and exported to the Customs Union.

Ukraine: Yenakievo losses up in 2014

In 2014 Yenakievo Iron and Steel Works (EMZ), a part of the Metinvest group, increased its net losses by 55.6%, to 771.82 million UAH YoY (496.01 million UAH in 2013).

Ukraine: metal output in January 2015 down

In January Ukrainian metal companies produced 1.87 million tons of carbon steel, down by 25.2% YoY.

Ukraine: Dneprospetsstal lowers output in January 2015

In January Dneprospetsstal electrometallurgical works (Zaporozhye) produced 15.76 million tons of steel, down by 10.6% MoM.

Ukraine: coke export-import in January 2015

In January Ukraine imported $37.42 million worth of coke with exports on the level of $1.74 million.

Ukraine: metal imports down in 2014

In 2014 Ukraine imported 1.14 million tons of rolled metal as opposed to 1.69 million tons in 2013 (68%).

Ukraine: Turkmenistan became the major importer of pipes in January 2015

In January Ukraine exported $66.91 million worth of steel pipes, with exports on the level of $5.09 million.

Ukraine: metal export down in 2014

In 2014 Ukrainian metal companies exported 24.3 million tons of metal products, down by 7.6% YoY, worth $12.6 billion, down by 11.3% YoY.

Ukraine: manganese ore exports-imports in January 2015

In January Ukraine imported $12.09 million worth of manganese ore, while exports totaled $0.09 million.

Ukraine: iron ore exports up in January 2015

In January Ukraine exported $206.53 million worth of iron ore, with imports totaling $14.77 million.

Ukraine: long rolled products export-import operations in January 2015

In January Ukraine exported $158.82 million worth of long rolled products, while imports reached $7.34 million.

Ukraine: metal wares licensed export-import list shortened

Ukrainian government has shortened the list of metal wares the export and import of which has to be licensed.