In January-November raw magnesium output in Russia went up by 2.7% YoY, and of magnesium alloys – by 1.6%. According to the Federal Service of State Statistics, in November raw magnesium output increased by 6% YoY, but dropped by 3.2% MoM. Magnesium alloys production decreased by 19.1% MoM, but increased by 10.1% YoY. (Ukrainian metal)Details
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Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max October 305 305 November 320 320 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
Kola MMC joined the Zero Environmental Impact intiative launched by The Bellona Foundation, an international environmental NGO. The purpose of the effort is to cut down the industrial emissions by means of the companies’ voluntary agreeing to short-term voluntary operation shutdown (where permitted by the production processes). The Zero Environmental Impact event was held on…Details
In 2018 Severniy Mining and Processing Works intends to increase concentrate output by 23%, to 15 million tons. According to the company CEO Pavel Timoshenko, in 2016 the works plans to mine 28864 thousand tons of ore and produce 13 million tons of concentrate and 9.19 million tons of pellets. (Ukrainian metal)Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max October 273 273 November 273 273 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
NLMK Group, an international steelmaking company with operations in Russia, Europe and the USA, has appointed Dmitry Stopkevich the new CEO of NLMK Russia Long Products Division (NLMK Long Products), one of the largest manufacturers of long products and metal ware in Russia. The division was previously managed by Grigory Fedorishin, who was appointed Head…Details
In November Ukraine exported $186.2 million worth of iron ore, with imports on the level of $3.69 million. According to the State Fiscal Service, the main importer of Ukrainian iron ore in November was China ($54.73 million). In January-November Ukraine exported $1607.6 million worth of iron ore, while imports stood at $70.86 million. (Ukrainian metal)Details
ArcelorMittal Kriviy Rih says it has paid in full for the damage done to the Ukrzaliznytsia wagons. “All the damaged wagons have been repaired and returned to Ukrzaliznytsia. All the loses have been 100% compensated”, the company said in a statement. The company also said, that even having direct contacts with Ukrzaliznytsia it still had…Details
Chelyabinsk Iron and Steel Works, a part of Mechel, produced the 140-millionth ton of sinter at its sintering factory No. 2. The manufacturing site comprises 4 sintering machines and produces some 5 million tons of sinter per year. Sintering factory No. 2 was put into operation in 2005. The investment project cost $150 million. The…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max October 234 234 183 257 235 250 237 255 November 202 234 223 255 305 320 260 325…Details
In November Russia imported 31285 tons of stainless steel, down by 3.4% MoM. Despite the decrease this was the second time in the modern history of Russia when the imports exceeded 31 thousand tons. Flat rolled metal imports in November decreased by 1%, of electric-welded pipes – by 22.6%, of seamless pipes – by 48%.…Details
The total throughput of the Novorosiysk Sea Trade Port Group in January-November increased by 5.3% YoY, to 134.66 million tons. According to the company statement, iron ore raw materials transshipment increased by 39.1% YoY, to 2723 thousand tons, that of coal – by 17.8% YoY, or by 243 thousand tons, to 1608 thousand tons. Ferrous…Details
Month Russian market, $/t, DDP, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.499* min max min max October 725 895 850 1900 November 735 900 850 1900 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the…Details