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Severniy Mining and Processing Works decided to buy 14 large BELAZ trucks valued at 0.5 billion UAH within the 2017 investment program. According to the company statement, the first 130-ton BELAZ has already been put to work at the Pervomaysky quarry. (Ukrainian metal)
DetailsShareholders of Ingulets Mining and Processing Works, a part of Metinvest, decided to pay 2.5 billion UAH of dividends. According to the Metinvest press-service, the shareholders decided to send a part of profit received before 2014 (1.524 billion UAH, or 0.55 UAH per share) and a part of profit received in 2014 (976.17 million UAH,…
DetailsIn November Ukraine exported $36.917 million worth of steel pipes, with imports on the level of $6.921 million. According to the State Fiscal Service, the main consumer of Ukrainian steel pipes in November was Russia ($10.473 million). In January-November Ukraine exported $368 million worth of steel pipes, while imports reached $90.087 million. (Ukrainian metal)
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.9* min max October 580 775 November 580 775 * – 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)
DetailsThe Ministry of energy and coal industry is working on a state program to develop coalmining, which presupposes the centralized sales of coal. In particular, the ministry plans to create the National coal company. It will comprise 40 state companies, including 28 state mines. After such a company is created, some 40 objects of the…
DetailsAzovstal Iron and Steel Works, a part of Metinvest, has started producing KR80 crane rails. The new products correspond to DSTU 2484 and GOST 4121 standards and are used to construct bridge cranes with high lifting capacity. Seaports, industrial enterprises and construction companies are among the consumers of such rails. The first 100 tons of…
DetailsMonth Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max October 331 418 November 244 496 * – 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)
DetailsRussian metals and mining group Mechel and the country’s second largest bank VTB have signed an agreement to delay debt redemption till April 2022. The company has also agreed to extend the repayment of 45 million euros of debt on trade financing until April 2022. Mechel CEO Oleg Korzhov said that the signing of the…
DetailsIn November Ukraine imported $1.052 million worth of ferrous scrap, with exports on the level of $2.283 million. According to the State Fiscal Service, Ukraine exported most of its ferrous scrap to Turkey ($2.241 million). In January-November Ukraine exported $42.6 million worth of ferrous scrap, while imports totaled $7.552 million. (Ukrainian metal)
DetailsIn November Ukraine exported $52.02 million worth of pig iron, while imports totaled $0.001 million. According to the State Fiscal Service, Italy was the main consumer of Ukrainian pig iron in November ($22.67 million). In January-November Ukraine exported $503.27 million worth of pig iron, with imports on the level of $0.55 million. (Ukrainian metal)
DetailsIn November Russia produced 5.1 million tons of rolled metal, up by 1.3% MoM. Bars output dropped by 2% MoM, to 1.5 million tons, with rebars production on the level of 600 thousand tons. Sheet manufacture dropped by 0.8% MoM, to 2.2 million tons, with hot-rolled sheet output at 1.6 million tons, down by 1%…
DetailsMonth Russian market, $/t, DDP, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.499* min max min max October 775 1025 900 990 November 795 1035 900 990 * – 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…
DetailsIn January-November raw cobalt output in Russia increased by 56.6% YoY. According to the Federal Service of State Statistics, in November raw cobalt output increased by 12.3% YoY and by 5% MoM. (Ukrainian metal)
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