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 445 659 398 413 370 380 360 385 September 424 659 387 454 390 400 380 400…Details
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Belarus, that has previously blocked duties on ferrosiliomanganese imported from Ukraine to the Eurasian Economic Union, has now agreed to impose a protective measure in exchange for the 20% discount from ChEMK (Chelyabinsk Electrometallurgical Works). In June the EEC imposed a 5-year duty of 26.35% on Ukrainian ferrosiliomanganese (Ukraine supplied $200 million worth of ferrosiliomanganese…Details
In H1 2016 Ukraine produced 5.5 million tons of bulk coke, up by 27% YoY. This decreased coke imports by 33%, to 535 thousand tons. ArcelorMittal Kriviy Rih traditionally imports coke from ArcelorMittal Poland, with 382.5 thousand tons imported in H1. Another major supplier is Russia (268.6 thousand tons). But Russian coke is bought by…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max August 567 796 521 571 472 762 September 567 796 521 571 472 762 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to…Details
In September Ukraine exported 2637 thousand tons of iron ore raw materials, down by 21.6% MoM, or by 725 thousand tons. “In January-September Ukraine exported 29.9 million tons of iron ore raw materials, down by 4.8 million tons YoY. Exports to Japan, Serbia and Korea grew the most, while exports to China (down by 5.2…Details
In 2017 Severstal plans to decrease steel smelting due to the overhauling campaign at its main asset – the Cherepovets Iron and Steel Works. “But the negative effect will be limited. Perhaps, it will reach 1-2% YoY”, Severstal financial director Alexei Kulichenko said. Sales will remain on 2016 levels. In January-September Severstal received $1.3 billion…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 415 474 343 360 September 375 460 341 386 * – 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 January-September Donetskstal received 2.2 billion UAH of losses, down 1.8 times, or by 1.8 billion UAH YoY. According to the company statement, it has increased net income by 16.5% YoY, or by 1.37 billion UAH, to 9.7 billion UAH. In July-September Donetskstal losses totaled 1.1 billion UAH, with net income up by 20% YoY,…Details
Metinvest B.V. (the Netherlands), the parent company of Metinvest international vertically integrated mining and steel group, in August posted positive EBITDA of $133 million, while in the previous month the figure was $147 million. According to preliminary unaudited consolidated data from the company’s financial statements under IFRS, revenues in August stood at $555 million, while…Details
For Ukrainian TPPs to be able to work in normal mode during the winter season they need enough energy-generating coal. That is why DTEL Pavlogradugol has increased mining output at all of its mine groups in Q3 by 21%. Ternovskoye Mine Group yielded 1 million tons of coal, up by 27% QoQ, Pershotravenskoye – 1…Details
Ural Mining-Metallurgical Company has announced the merger of Electrocabel works and Kolchugino Non-Ferrous Metals Works. After all the legal procedures Kolchugtsvetmet will be managed by Cable Alliance, Electrocabel being a part of which. This decision was taken in view of the expansion of the cable business and the realization of the global program of Electrocabel…Details
In January-September Russia increased raw zinc output by 3.3% YoY. According to the Federal Service of State Statistics, in September raw zinc output dropped by 6.3% YoY and by 14.5% MoM. (Ukrainian metal)Details
In January-September KAZ Minerals produced 97.1 thousand tons of copper (in cathodes), up by 66% YoY. In Q3 the company produced 44.5 thousand tons of copper cathodes, up by 43% QoQ. KAZ Minerals increases output volumes at its Bozshakol and Aktogay works, which will allow it to reach the target of 135-145 thousand tons of…Details