Ukraine: AMKR to raise wages
Starting with October 1, ArcelorMittal Kriviy Rih increases wages and tariffs for its employees by 8%.
Ukraine: scrap exports to be stopped altogether
Ukraine’s Prime-Minister Arseny Yatsenyuk has ordered the minister for economic development and trade Aivaras Abromavichus to deal with the metal scrap deficiency.
Metals of Ukraine & Russia: steelmaking pig iron, July 2015
Month Russian market, $/t, EXW, without VAT, $1/RUR58.991* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max June 211.90 257.67 227.45 277.04 275.00 285.00 275.00 285.00 July 232.68 257.67 233.11 282.94 240.00 245.00 240.00 270.00…
DetailsUkraine: UMCC to supply ilmenite concentrate to ZTMK
The State Enterprise United Mining and Chemical Company, operating Volnogorsk Mining and Metallurgical Complex (VGMK) and Irshansk Mining and Processing Works (IGOK), has won a tender to supply ilmenite concentrate to Zaporozhye Titanium and Magnesium Works (ZTMK).
Metals of Ukraine & Russia: foundry pig iron, July 2015
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* min max June 296.08 296.08 July 296.08 296.08 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsUkraine: VostGOK to increase uranium concentrate output in 2015
Vostochny Mining and Processing Works (VostGOK) plans to produce 1.2 thousand tons of uranium concentrate in 2015, up by 29.6% YoY.
Metals of Ukraine & Russia: round billets (ordinary steel), July 2015
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* min max June 408.61 433.40 July 378.81 388.76 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsUkraine: Volnogorsk GOK pipes purchase cancelled
The Center for corruption resistance has stopped the tender for Volnogorsk Mining and Processing Works purchase of pipes.
Metals of Ukraine & Russia: round billets (structural steel), July 2015
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* min max June 433.40 433.40 July 378.81 378.81 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsUkraine: a lawsuit gave out news about AMKR deal
In December 2014 the supervisory board of ArcelorMittal Kriviy Rih sanctioned two volume-identical contracts with ArcelorMittal International Luxembourg SA. Each presupposed the sale of 1.2 million tons of metal products worth 600 million UAH. Thus the total cost of the deal reached 1.2 billion UAH.
Ukraine: Azovstal starts producing KR120 rails
Azovstal Iron and Steel Works has started making a new product: gantry rails KR120.
Metals of Ukraine & Russia: square billets (ordinary steel), July 2015
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max June 355.25 364.38 350.00 355.00 350.00 355.00 July 326.01 379.89 320.00 325.00 320.00 325.00 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.15…
DetailsUkraine: terrorists cutting Donbass companies for scrap
Taking advantage of the ceasefire in the East of Ukraine, the Russia-supported terrorists plunder Ukrainian companies, said general-major Boris Kremnitsky, the head of Ukrainian part of the Control and ceasefire center.
Metals of Ukraine & Russia: square billets (structural steel), July 2015
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* min max June 355.25 355.25 July 326.01 326.01 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsUkraine: Donetsk metal exports down 2.7 times in January-July 2015
In January-July Donetsk region (without the antiterrorist operation zone) exports fell 2.7 times YoY.