ArcelorMittal Kriviy Rih launched geological engineering survey at the construction site of future LF-CC No. 2. On January 3, R&D Institute Mekhanobrchermet commenced the works; the first wells have been drilled at construction site. The plan is to drill approximately 50 wells in January, thus to receive accurate information about geological conditions of the site…
DetailsTerrorists of the so-called Lugansk People’s Republic receive 47% of the anthracite supplied from the occupied part of Donbass to the state power company Centrenergo as “taxes”, the State Security Service of Ukraine reports. “From the money received for supplying coal the minister of fuel, energy and coal industry of the LPR pays 47% to…
DetailsUkraine’s Cabinet of Ministers has facilitated exports of scrap ferrous and nonferrous metals, revoking the registration of foreign economic contracts related to transactions with scrap metal. The amendments were made to some government resolutions in resolution No. 1035 dated December 28, 2016. The resolution also annuls some previous government resolutions. “The government has relaxed the…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 36 43 33 39 November 34 42 33 41 * – 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…
DetailsVTB Group has agreed to assist Russian Platinum in the development of the Chernogorskoye deposit and the southern part of Norilsk-1 deposit in the Krasnoyarsk region, VTB said in a statement. In accordance with a memorandum on strategic cooperation, VTB will have a chance to buy a stake in a project company and will act…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 442 664 365 432 November 442 664 383 457 * – 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…
DetailsThe largest recipient of VAT refunds in 2016 was ArcelorMittal Kriviy Rih, which received 8.03 billion UAH, the State Treasury Service has said. According to its data, it is followed by Mariupol Ilyich Iron and Steel Works with 3.77 billion UAH and Azovstal with 3.46 billion UAH. Among other major VAT refund recipients are Poltava…
DetailsIn December 2016 Zaporizhstal produced 264.6 thousand tons of pig iron, 305.4 thousand tons of steel and 267.4 thousand tons of rolled metal, all down by 25.2%, 13.5% and 11.9% YoY respectively. In January-December 2016 the output totaled 3600.2 thousand tons of pig iron, 3890.7 thousand tons of steel and 3367.9 thousand tons of rolled…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 49 58 54 62 November 47 57 54 62 * – 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…
DetailsIn January-November 2016 metal output in Murmansk region increased by 8.8% YoY. In particular, that of aluminum went up by 3.1% YoY, of copper – by 7%, of raw nickel – by 2.8% and of raw cobalt – 10.9 times. At the same tome metal wares manufacture dropped by 17.6% YoY. Thanks to the reconfiguration…
DetailsMonth Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max October 415 420 November 457 457 * – 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 Russian Federation. (Ukrainian Metal)
DetailsArcelorMittal Kriviy Rih announced its 2016 production results. The company successfully coped with the set task and achieved record production for the recent years – 7 million tons of steel in 2016. Previously such production level was reached in 2008. This ambitious goal, that the employees of the company strived to achieve for the whole…
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