Metalloinvest is negotiating the transit of 5 million tons of mining products through Ukraine with Ukrzaliznytsia and the TIS group. “We have a client who wants to transport 5 million tons of products to Ukraine. That’s transit. We have decreased transshipping tariffs in the port, but we are still uncompetitive. If Ukraine doesn’t take this…Details
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For metal industry to start growing it needs a clear tariff policy, no discrimination of Ukrainian products on European market and access to loans, according to Metinvest CEO Yuri Ryzhenkov. He said mining-metallurgical industry was one of the main bases of Ukrainian economy. “It gives work to adjacent industries. To transport, energy, and machine-building”, he…Details
On October 10, the national nuclear power-generating company Energoatom will make a purchase of equipment to repair refrigerators of the Zaporozhye Nuclear Power Plant valued at 530.48 million UAH. In the purchase documentation Energoatom stated that it needed less safe pipes that were not produced in Ukraine. At the same time several local companies can…Details
In August Ukraine exported $33.91 million worth of steel pipes, while imports totaled $6.13 million. According to the State Fiscal Service, the main consumer of Ukrainian steel pipes in August was Russia ($8.03 million). In January-August Ukraine exported $259.91 million worth of pipes, with imports at $71.33 million. (Ukrainian metal)Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* Export, Ukraine, $/t, FOB Black sea ports min max min max min max June 430 543 383 424 375 385 July 396 501 353 403 375 385 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.07.16…Details
At present Metinvest is not negotiating the sale of Khartsyzsk Pipe Works, a leading Ukrainian producer of oil and gas large diameter pipes, situated in the Russia-supported terrorist-occupied territory. “We’re negotiating hundreds of sales of our assets. We can sell those that we don’t use for a fair price, but not KhTZ. It has just…Details
Southern Kuzbass Coal Company, a part of metals and mining group Mechel, has launched production at the 3-2-7-west coalface with reserves of 915,000 tons at the Sibirginskaya mine in southwestern Siberia, the company said in a statement. Investments in the launch amounted to 344 million rubles, the company said. “The launch of the coal face…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 444 632 467 470 July 433 659 360 424 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…Details
In August Ukraine imported $10.44 million worth of manganese ore, with exports on the level of $0.21 million. According to the State Fiscal Service, the main supplier of manganese ore in August was Australia ($3.47 million). In January-August Ukraine imported $67.79 million worth of manganese ore, while exports reached $1.59 million. (Ukrainian metal)Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* min max June 562 750 July 562 750 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
U.K.-based steel and mining giant Evraz, which operates mainly in Russia, expects that coal prices will remain high at least during the next six months, Sergei Stepanov, vice president and head of the coal division, said. The coal price was below $100 per ton at the beginning of the year and grew to over $200…Details
Metinvest is studying the possibility to buy new cargo cars because of the crisis situation on the railroad transportation market. “Now it’s possible to use private cars. There are no problems with buying cars at present. Ferrexpo buys them, we’re also looking into it”, Metinvest CEO Yuri Ryzhenkov said. According to him, Metinvest has some…Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max June 277 376 July 252 408 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details