Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max June 227 227 247 285 230 280 235 280 July 227 227 240 256 235 253 238 253…
DetailsAsha Iron and Steel Works has completed the repairs at its electric furnace shop No. 2 with the replacement of the electric arc furnace hearth. The hearth has served for over 700 smeltings. To replace the hearth lining 100 tons of refractory bricks will be needed. Next time the EAF will be stopped for the…
DetailsIgor Kublitsky, the deputy financial director-chief accountant of ArcelorMittal Kriviy Rih has been appointed acting financial director-chief accountant. According to the company official information, the previous acting financial director-chief accountant Pavel Zadorozhny, who has been in the office for a month, has been dismissed. Kublitsky has been appointed from September 20, 2016 till June 30,…
DetailsIn August Ukraine produced 74 thousand tons of steel pipes, up by 7.2% MoM, or by 5 thousand tons. In January-August steel pipes output decreased by 4.9% YoY, or by 28 thousand tons, to 541 thousand tons. (Ukrainian metal)
DetailsIn August Ukraine produced 1961 thousand tons of pig iron, down by 5.5% MoM, or by 114 thousand tons. In January-August pig iron manufacture increased by 14.3% YoY, or by 1999 thousand tons, to 15963 thousand tons. (Ukrainian metal)
DetailsArcelorMittal Kriviy Rih paid 4.8 million UAH of the share contribution for the development of city infrastructure. Since 2008 AMKR has concluded 63 agreements of share participation with Kriviy Rih City Council. All the costs in full will be transferred to local budget for development of engineering-transport and social infrastructure of Kriviy Rih in correspondence…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 444 665 430 440 July 411 665 417 443 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsRussian steelmaker Severstal has temporarily shut down the Severnaya coal mine in the Komi Republic due to risks of new accidents, the company said in a statement. In February, Severnaya collapsed at the depth of 748 meters, followed by more than five explosions in several days. Out of 110 miners who were working at the…
DetailsIn January-August Ukraine exported 27.25 million tons of iron ore and concentrate valued at $1.13 billion. According to the State Fiscal Service, the largest importers of Ukrainian iron ore were China ($435.44 million, or 38.51% of the total volume), Czech Republic ($119.34 million, 10.55%) and Poland ($109.35 million, 9.67%). Iron ore share in the total…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 125 146 146 155 July 125 139 150 165 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsPolar Construction Company LLC (Nornickel subsidiary) has opened a new training ground for practicing work at height with fall-arresting harnesses, and work on scaffolds. “Underground group workers, as well as tiers and drifters and surface construction workers will train at the facility. Each of them has jobs assignments to be performed at height”, said the…
DetailsMonth Russian market, $/t, FCA, without VAT, $1/RUR67.05* min max June 60 186 July 60 158 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsGrant Thornton has estimated the cost of Irshansk Mining and Processing Works and Volnogorsk Mining and Processing Works at 1.7 billion UAH. Thus the cost of the subsidiary assets has increased two-fold since 2014. “The estimate of the assets belonging to the United Mining and Chemical Company, the owner of the 2 GOKs, is a…
DetailsKola MMC, the Nornickel subsidiary, added innovative rolling stock to its rented tank car fleet for sulfuric acid transportation. The company received 73 tanks of higher capacity. Railcars with increased bogie axial load up to 25 tons per axis (compared to 23 tons for conventional railcars) are an innovative rolling stock. Loading capacity of the…
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