Novolipetsk Iron and Steel Works plans to increase sales of rolled metal for construction in 2016 by 20% YoY. “The increase will be reached due to opening new markets”, finance vice-president and section director Grigory Fedorishin said. “In 2015 demand for rolled metal for construction dropped by 17%, and this year we have lost 10-15%…Details
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In July-September DTEK Dobropolyeugol mined 633.8 thousand tons of G-grade coal, up by 25% QoQ. The coal has been supplied to Ukrainian thermal power plants. Since the beginning of the year Dobropolyeugol miners yielded 2.1 million tons of coal. In Q3 DTEK mined 7.8 million tons of power-generating coal, up by 29% QoQ. (Ukrainian metal)Details
Month Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max July 488 634 442 442 446 558 430 586 August 488 634 378 433 446 558 407 626 * –…Details
In January-September Severstal produced 8.7 million tons of steel, keeping the last year levels. According to the group statement, pig iron output went up by 1%, to 6.91 million tons. Steel sales dropped by 4%, to 8.2 million tons. In Q3 Severstal produced 2.39 million tons of pig iron, up by 8% QoQ. Steel output…Details
A couple of days ago the Novokonstantinovskaya mine (Kirovograd region) yielded 1-millionth ton of uranium ore. The head of the regional council Alexander Chernoivanenko noted the great contribution of the mine to the social-economic development of the region. He believes that both the Ministry of energy and coal industry and regional authorities have to concentrate…Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* min max July 393 395 August 384 390 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
In January-September Izhstal (a part of Mechel) produced 282 thousand tons of metal, up by 48% YoY. Sales increased by 51%. Steel and rolled metal output went up by 24% and 33% YoY respectively. In September the works sold 46.2 thousand tons of metal, an absolute record for the last 25 years. (Ukrainian metal)Details
ArcelorMittal Kriviy Rih plans to invest $1.5 billion into development until 2020. “We would go on with our investment activities”, Paramjit Kahlon, the company CEO, explained. For the past 10 years AMKR has been investing some $250 million each year. According to Kahlon, the works operation has a positive impact on the economical situation in…Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* min max July 446 477 August 463 491 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
In January-September NLMK produced 12.3 million tons of steel, up by 2% YoY. Capacity loading increased by 1%, to 95%. Sales totaled 12.29 million tons, up by 2% YoY, including 4.36 million tons of semi-finished products, up by 1%, and 7.92 million tons of finished products, up by 3%, in particular 6.26 million tons of…Details
Corum Group is in search for additional orders on the market of Vietnam. “Vietnam has major plans as to coalmining and so it has to stop using mining by hand. The country is building new mines that will be equipped with machinery. We have a turnkey contract with Vinacomin to construct two shafts of Nui…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* min max min max July 521 521 444 444 August 495 495 409 409 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the…Details
Russian steelmaker Severstal’s coal production unit Vorkutaugol is evacuating workers from the Zapolarnaya mine because the carbon monoxide level has exceeded the norm, the company said in a statement. “In accordance with the safety rules, the workers on the shift are being lifted to the surface. Emergency Ministry troops are investigating the mine. There were…Details