Smart-Holding doubts the lawfulness of searches, conducted by the Security Service of Ukraine in the company office at Igorevskaya Street in Kiev. According to the company law director Lada Konduforova, there was another address stated in the search permission. The Security Service officers also failed to explain the searches on the weekend, as they had…
DetailsThe Higher Commercial Court has returned the Zaporozhye Aluminum Works to the state property. In February 2011 the State Property Fund of Ukraine concluded a purchasing agreement of ZALK shares with AvtoVAZ-Invest, according to which the buyer had to pay the share price and clear all debts to the State Export-Import Bank of Ukraine valued…
DetailsIn July Metinvest increased EBITDA by 23.5% MoM, to $147 million. Thus, for 6 consecutive months Metivest has been gaining positive EBITDA. From November 2015 till January 2016 its EBITDA was negative. The group’s revenues in July totaled $568 million, as opposed to $559 million in June, $533 million in May, $502 million in April,…
DetailsMonth Ukrainian market, $/t, without VAT, FCA, $1/UAH24.798* min max June 149 154 July 139 144 * – Ukrainian Hrivna and Russian Ruble 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)
DetailsIn January-August Russia decreased raw lead output by 4.6% YoY, while that of raw zinc increased by 4.4%. According to the Federal Service of State Statistics, in August raw lead output dropped by 18.2% YoY, while that of zinc – by 10.1%. (Ukrainian metal)
DetailsOn October 10, the national nuclear energy-generating company Energoatom plans to buy 530.48 million UAH worth of equipment to repair refrigerators of the Zaporozhye Nuclear Power Plant. It plans to use welded pipes, which could lead to the second Chernobyl. According to the Centravis Production Ukraine regional sales department director Denis Knyazhentsev, the company pipes…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 34 42 41 45 July 30 36 35 40 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsAbinsky Electrometallurgical Works is one of the largest steel producers on the Russian South. Its capacities reach 1.2 million tons per year. The works is capable of producing 600 thousand tons of rebars and 500 thousand tons of low-carbon rolled wire. The rolled wire mill is the most advanced in Russia. In late 2017 AEMZ…
DetailsMonth 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 533 719 436 488 410 440 410 430 July 503 689 461 469 400 415 400 420…
DetailsIn October-November metal products in Siberia will become more expensive. According to Andrei Sosedko, head of Ferrum, hot-rolled metal price will go up because of the world markets price increase. The November rise is explained by the coking coal price increase, as it constitutes 20% of the metal prime cost. (Ukrainian metal)
DetailsCorum Group believes the high prices for coking coal will remain until at least April 2017. “It’s difficult to say what will be after that, as the situation depends on many macroeconomic factors”, Denis Shemyakin, the company marketing director, said. According to him, world coal prices have been constantly growing since the year started. For…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.05* min max June 477 477 July 477 477 * – Ukrainian Hrivna and Russian Ruble 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)
DetailsMetalloinvest is negotiating the transit of 5 million tons of mining products through Ukraine with Ukrzaliznytsia and the TIS group. “We have a client who wants to transport 5 million tons of products to Ukraine. That’s transit. We have decreased transshipping tariffs in the port, but we are still uncompetitive. If Ukraine doesn’t take this…
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