Ukraine: PGOK exports 3 million tons of pellets in Q1 2016
In January-March Poltava Mining and Processing Works exported 3.17 million tons of iron ore pellets.
In January-March Poltava Mining and Processing Works exported 3.17 million tons of iron ore pellets.
In 2016 Poltava Mining and Processing Works plans to increase pellets output by 0.75% YoY, or by 0.08 million tons, to 11.75 million tons, with 10.66 million tons being Fe 65% pellets.
Month Russian market, $/t, EXW, without VAT, $1/RUR75.0903* Ukrainian market, $/t, without VAT, EXW, $1/UAH27.054389* min max min max January 33.29 37.24 44.05 50.21 February 33.29 38.37 42.51 49.28 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 29.02.16 according to the National Bank of Ukraine and the Central Bank of the…
In January-March Ferrexpo plc, owner of Poltava and Yeristovo Mining and Processing Works, produced 2.88 million tons of pellets, up by 0.05% YoY, or by 1.4 thousand tons.
In January-February Poltava Mining and Processing Works exported 2250 thousand tons of iron ore pellets.
In February Ukraine produced 6322 thousand tons of iron ore and iron ore concentrate, down by 3.4% MoM, or by 222 thousand tons.
In January-February Ferrexpo plc, controlling Poltava and Yeristovo Mining and Processing Works, produced 1.87 million tons of pellets, down by 0.3% YoY.
Month Russian market, $/t, EXW, without VAT, $1/RUR75.172* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.152* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max December 37.20 42.56 51.02 58.48 55.00 70.00 65.00 80.00 January 33.26 37.20 47.38 54.01 55.00 70.00 65.00 80.00 * -…