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The Russian Vnesheconombank (VEB) is not a Zaporizhstal shareholder. “VEB is not our shareholder, you can look at our shareholders register”, the company CEO Rostislav Shurma answered, when asked about the VEB decision to create a separate subsidiary company containing all the metallurgical assets. When asked who owned the second stake apart from Metinvest, he…
DetailsIn January-October raw cobalt output in Russia went up by 61.6% YoY. According to the Federal Service of State Statistics, in October raw cobalt production increased by 18.3% YoY, but dropped by 1% MoM. (Ukrainian metal)
DetailsMonth Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max September 440 451 October 484 490 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal) Dear colleagues! From 2017 the monthly metal price monitoring…
DetailsThe state enterprise Ugol Ukrainy (Coal of Ukraine) has given out 27.6 million UAH to clear October salary debts of miners in Lviv region. According to the Lviv regional state administration deputy chairman Rostislav Zamlynsky, this money will allow clearing of 37% of October debts. Previously Ugol Ukrainy provided 16.2 million UAH to pay September…
DetailsIn January-October Ukraine consumed 25550.7 thousand tons of coal, up by 9.5%, or by 2.21million tons, YoY. According to the Ministry of energy and coal industry, in October coal consumption dropped by 1.5 thousand tons YoY, to 2.63 million tons. In 2015 Ukraine consumed 28.63 million tons of coal, down by 17.6% YoY, or by…
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DetailsInterpipe has produced the first order at the new line of railroad wheel treatment, put into operation in October. According to the company statement, the order was produced for the Bulgarian state railroads. The total number of wheels is 240. 850 mm KLW-brand wheels have been produced according to EN 13262. This is the first…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* Export, Ukraine, $/t, FOB Black sea ports min max min max min max September 344 531 318 421 345 365 October 391 518 343 387 375 385 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16…
DetailsSeverstal-Gonvarri-Kaluga has processed over 400 thousand tons of products since it was put into operation in 2010. The company offers cutting services to clients. In 2013 it received an additional line for billet production and a new manufacturing complex with the area of 6350 square meters was constructed, increasing the warehouse area by 4 thousand…
DetailsZaporizhstal lacks iron ore from the Zaporozhye Iron Ore Complex due to the shortage of railroad cars. “This month we are some 30 thousand tons of ore behind. This means we will not receive 50-60 thousand tons of concentrate”, the company CEO Rostislav Shurma said. The works has been experiencing the lack of cars for…
DetailsMonth Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max September 340 441 October 306 362 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal) Dear colleagues! From 2017 the monthly metal price monitoring…
DetailsOAO Minsk Motor Plant (MMZ, managing company of MMZ Group) plans to complete the first stage of a project to build a high strength cast iron plant in Stolbtsy (Minsk region) in Q2 2017. The first stage includes three launch units: the first unit (cylinder block liner facility with annually capacity of 8,000 units) was…
DetailsArcelorMittal Kriviy Rih has finished capital repairs of its wire mill-150. The mill has been put into operation and the manufacturing process has started. “The task of the mill is to produce one of the main AMKR products: steel wire rod. The overhaul of the mill will let the shop work more efficiently and increase…
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