Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max August 534 732 449 458 410 410 410 415 September 533 731 425 474 430 440 440 460…Details
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Zaporizhstal has stopped its blast furnace No. 3 for a massive overhaul, which it plans to carry out in 150 days. Investments in the project total 1.5 billion UAH. For the past 5 years Zaporizhstal has invested some 5.6 billion UAH into environment modernization of its assets. In particular, the main projects are the new…Details
Evraz Dneprovsky Iron and Steel Works intends to equip its blast furnace No. 2 with the dust control unit. The company has announced an open tender for the design of the BF2 modernization. The offers are expected until November 23. According to the company statement, the goal of the project is to decrease pollution resulting…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 19 22 16 22 September 19 22 16 21 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the…Details
In October the Russian Railways shipped 103.4 million tons of cargo, down by 3.3% YoY. Local shipping dropped by 6.8%, exports went up by 3.7%. Coal transportation totaled 28 million tons, down by 4.5%, iron and manganese ore – 8.9 million tons, down by 5.4%. At the same time ferrous scrap transportation went up by…Details
The state will invest 250-300 million UAH into the construction of Novovolynskaya No. 10 mine in 2017, thus putting it into operation, energy and coal industry minister Igor Nasalik said. Novovolynskaya No. 10 mine is expected to produce 900 thousand tons of coal per year, its reserves are estimated at 37 million tons, thus it…Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max August 346 379 September 340 441 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
Konstantin Zhevago has left the supervisory board of Poltava Mining and Processing Works, the largest iron ore pellets producer in Ukraine. According to the company statement, Zhevago resigned on October 19. His office ended on November 3. He has been in the supervisory board for 20 years, but directly owns no PGOK shares. (Ukrainian metal)Details
Energomashspetsstal will supply a large batch of rolls with mechanical treatment to Eurohuolinta Oy. According to the company statement, the rolls weighing 490 tons will be shipped to Finland in January-February 2017. EMSS will produce 76 rolls. They will be used to produce electric machines. The companies have been cooperating for 10 years. (Ukrainian metal)Details
In October the mines situated on the territory of Russia-supported terrorist organization Donetsk People’s Republic mined 1.03 million tons of coal. In particular, the DPR Ministry of coal and energy-controlled mines yielded 512.47 thousand tons of coal. Donbass Mine Group yielded 125.5 thousand tons of coal, Torezantrazit – 108 thousand tons, and Shakhterskantrazit – 95.2…Details
Magnitogorsk Iron and Steel Works has started construction of a new sinter plant as part of its long-term development strategy announced in November 2015 to increase efficiency and reduce costs. Commissioning of the new sinter plant will provide MMK’s blast furnaces with high-quality sinter produced using state-of-the-art energy-saving and environmentally safe technologies. The new plant…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 135 154 144 158 September 146 173 160 167 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the…Details
NLMK Group, an international steel producer with operations in Russia, Europe and the USA, is opening NLMK Europe’s Project Office, a new division for integrated planning and implementation of investment programs at the group’s European facilities. Konstantin Lagutin, NLMK Group’s VP for Investment Projects, said: “The new project office will allow us to integrate our…Details