The Commercial Court of the Lviv region has named the privatization of the Chervonograd Central Processing Factory illegal. The lawsuit to the regional department of the State Property Fund and Lviv Coal Company on behalf of the Ministry of energy and coal industry was filed by the prosecutors. The court has cancelled the fund decrees…Details
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In January-June Ukraine imported $678.2 million worth of anthracite and coal, with $102.09 million in June. According to the State Fiscal Service, Russia supplied $446.26 million worth of coal, USA – $95.93 million, Australia – $43.28 million, and other countries – $92.72 million. The total volume of coal supplied reached 7779.35 thousand tons. At the…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max April 434 655 521 561 422 569 May 498 710 521 571 422 569 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to…Details
Central Mining and Processing Works CEO Dmitry Shevchik suggests to implement the European practice of accumulating environment payments in special funds to be spent on environment protective measures of the payee. “There was such an experiment in Ukraine once, but it didn’t go far. I suggest to return to this initiative and to allow the…Details
Dniepropetrovsk region has started implementing a new environment program, aimed at decreasing air pollution and improving water quality. Industrial companies of the region will invest over 26 billion UAH into modernization in the nearest decade. This year they have already invested 300 million UAH, with major project underway at Dneprovsky Iron and Steel Works, ArcelorMittal…Details
ArcelorMittal Kriviy Rih has issued Sustainable Development Report 2015. The non-financial report demonstrates the results of the company activity in the sphere of 10 goals of sustainable development: health and safety, products and infrastructure, resources and wastes; air, land and water; energy; supply chains; talented scientists and engineers; development of local communities and the contribution of the…Details
Mariupol Ilyich Iron and Steel Works has started producing new cold-rolled metal of low-carbon steel for customers from Turkey. “One of the new types of coils is the 3.0×1500 mm coil. We have also started producing rolled metal with chemical limitations on the order of Metinvest Eurasia”, said the company CEO Yuri Zinchenko. The company…Details
On July 5, Lvivugol received 10 million UAH for coal delivered to the thermal power plants. The money was spent to pay salary to miners. According to the first deputy of the Lviv regional state administration head Rostislav Zamlinsky, miners received some 40% of their May salary. (Ukrainian metal)Details
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 min max min max min max April 322 656 306 388 420 440 May 407 747 370 453 420 440 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16…Details
In January-June Ukraine imported 321.04 thousand tons of manganese ore valued at $39.77 million, down by 51.9% and 61% YoY respectively. According to the State Fiscal Service, the main suppliers were Russia (44.66%), SAR (26.55%) and Australia (16.07%). In H1 Ukraine exported and reexported 26.52 thousand tons of manganese ore and concentrate valued at $1.28…Details
Dneprovsky Iron and Steel Works has put its blast furnace 1M into operation after an overhaul. “The first BF was put into operation on July 6. The capital repairs lasted from June 10 till July 5”, said the company in its statement. The company produced all the spare parts and thus saved on purchases. (Ukrainian…Details
Alchevsk Iron and Steel Works has started blowing two blast furnaces. In 10-15 days it plans to reach May daily output. Because of the AMK work, Dneprovsky Iron and Steel Works will put its third blast furnace into operation. Alchevsk Works had to shut down its BF No. 5 because of the electricity cut off…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max min max April 314 2097 376 376 May 439 2097 376 376 * – 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…Details