ArcelorMittal Kriviy Rih says it has paid in full for the damage done to the Ukrzaliznytsia wagons. “All the damaged wagons have been repaired and returned to Ukrzaliznytsia. All the loses have been 100% compensated”, the company said in a statement. The company also said, that even having direct contacts with Ukrzaliznytsia it still had…Details
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Chelyabinsk Iron and Steel Works, a part of Mechel, produced the 140-millionth ton of sinter at its sintering factory No. 2. The manufacturing site comprises 4 sintering machines and produces some 5 million tons of sinter per year. Sintering factory No. 2 was put into operation in 2005. The investment project cost $150 million. The…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max October 234 234 183 257 235 250 237 255 November 202 234 223 255 305 320 260 325…Details
In November Russia imported 31285 tons of stainless steel, down by 3.4% MoM. Despite the decrease this was the second time in the modern history of Russia when the imports exceeded 31 thousand tons. Flat rolled metal imports in November decreased by 1%, of electric-welded pipes – by 22.6%, of seamless pipes – by 48%.…Details
The total throughput of the Novorosiysk Sea Trade Port Group in January-November increased by 5.3% YoY, to 134.66 million tons. According to the company statement, iron ore raw materials transshipment increased by 39.1% YoY, to 2723 thousand tons, that of coal – by 17.8% YoY, or by 243 thousand tons, to 1608 thousand tons. Ferrous…Details
Month Russian market, $/t, DDP, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.499* min max min max October 725 895 850 1900 November 735 900 850 1900 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the…Details
The Fund on the personal deposit guarantee intends to sell the right for the loan of the company dealing in coalmining. The assets are in the Ukrainian bank for development. The company is indulged in the mining of coal and high-quality coke and power concentrate manufacture. The loan of 44.58 million UAH covers 24 units…Details
The supervisory board of Dneprometiz has prolonged the office of the general manager Alexander Yakushev from January 1 till December 31, 2017. According to the company statement, the decision was taken on December 26. Yakushev has been the CEO of the company since April 1, 2014. Dneprometiz produces metal wares of low-carbon steel. It has…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 476 476 439 439 November 488 488 440 440 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the…Details
In November pipes output continued falling, dropping by 2.1% MoM to 839 thousand tons. In January-November steel pipes output decreased by 12.2% YoY, to 9.2 million tons. Seamless pipes output in November reached 279 thousand tons, up by 5.3% MoM, large diameter electric-welded pipes – 244 thousand tons, down by 6.2%, other electric-welded pipes –…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max October 488 618 468 468 446 558 407 626 November 485 618 481 481 446 558 407 626 * –…Details
State industrial corporation Rostec plans to ask the government to work with metals companies which have increased prices by about 30% YoY, CEO Sergei Chemezov reported. “We have a really big problem with metals companies. They have lifted the prices very high, by almost 30%”, he said. “One should not raise prices this fast. I…Details