In 2016 Pobuzhye Ferronickel Plant intends to receive 69.51 million UAH of profits as opposed to 244.2 million UAH of losses in 2015, if the UAH exchange rate and resources prices remain on their current levels. “Since April we’ve been working with profits”, said the company CEO Oleg Bespalov. In H1 the company received 49.41…Details
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Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max April 483 675 368 458 520 530 520 530 May 497 730 389 521 505 510 518 574…Details
Pervomaisky open pit mine of the Severniy Mining and Processing Works, a part of Metinvest Group, has commissioned the first start-up facility of the iron ore crushing and conveying system. It is the independent Ukraine’s largest project in the mining sector. Investments in the first line of the crushing and conveying system totaled 1.9 billion…Details
“Zaporozhkoks is a stably working company, employing some 1600 Zaporozhye citizens. Last year was a difficult one, but we were able to produce 800 thousand tons of blast furnace coke, earning some 4 billion UAH, and obtaining 250 million UAH of net profits. We have also paid 284 million UAH of taxes”, said the company…Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max April 283 377 May 379 442 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
Pobuzhye Ferronickel Plant will buy anthracite coal from the South African Republic, if Ukraine experiences a sharp shortage of it. “We have worked out this issue. If there is no way to buy anthracite coals in Ukraine, we have a plan B. Though we do try to buy coal from Ukrainian suppliers or in Kazakhstan”,…Details
In July-December power-generating company Centrenergo plans to buy 1.6 billion UAH worth of coal from DTEK Sverdlovskantrazit. In 2015 Centrenergo produced 8422.15 million kW-h of electricity, down by 32.7% YoY. Its net profits fell 3.4 times, to 21.85 million UAH, with net income down by 9.2%, to 6863.84 million UAH. (Ukrainian metal)Details
The representative of the Opposition block Vladimir Gusak has addressed the minister of energy and coal industry Igor Nasalik, asking him to explain the situation with miners not receiving salary. “To understand the problems of the coal industry, I will give you an example. Debts for electricity amount to 10 billion UAH. So there is…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* min max April 484 484 May 484 484 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
In January-June major Ukrainian pipe companies produced 398.4 thousand tons of pipes, down by 7.1% YoY, with June output on the level of 69.3 thousand tons down from 70.5 thousand tons in May. Khartsyzsk Pipe Works, situated in the ATO zone, produced 2.8 thousand tons of pipes as opposed to 66.3 thousand last year. In…Details
ArcelorMittal Kriviy Rih has paid 50% of the so-called 13th salary for the first six months of work. According to the company statement, on July 12-13, all the money was transferred to the personal accounts of the employees. The company also decided to pay this salary to the mobilized employees for the period of January-June.…Details
The supervisory board of Zaporozhye Aluminum Works has appointed the State Property Fund of Ukraine directorate head Svetlana Bezverkhaya its chairman. SPF department director Irina Lepyavko has been appointed deputy chairman, while the SPF chief specialist Natalia Pavlyuk – secretary of the board. All of them have been appointed for 2 years and 9 months.…Details
The state coal market operator Derzhvuglepostach (DVP) has problems selling coal of state mining companies. “For the past two years the demand for electricity has fallen dramatically. Eastern territories have been taken from us, Energoatom loadings have increased. So, yes, there are problems with sales”, said the company director Andrei Plyugin. DVP sells only gas-generating…Details