Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max June 535 750 521 571 422 569 July 535 750 521 571 422 569 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to…Details
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In January-August Central Mining and Processing Works produced 1.57 million tons of pellets, up by 0.2% YoY. According to a company representative, CGOK iron ore concentrate dropped by 15.4% YoY, to 3.55 million tons. In August the company produced 213 thousand tons of pellets and 455 thousand tons of concentrate. (Ukrainian metal)Details
In August Electrometallurgical works Dneprospetsstal named after A. Kuzmin produced 19835 tons of steel and 13911 tons of rolled metal, down by 5% and up by 5.5% MoM respectively. The total cost of the commodity output was 152693 UAH (in established prices), down by 8,4% MoM. In H1 2016 the company produced 132858 tons of…Details
In January-August Poltava Mining and Processing Works exported 7.68 million tons of iron ore pellets. PGOK pellets mostly went to Europe and Near East, as well as Japan, Korea and China. Central Mining and Processing Works exported 1.41 million tons of pellets. At the same time PGOK produced 7.52 million tons of iron ore pellets,…Details
In August Ukraine produced 6141 thousand tons of iron ore and concentrate, down by 0.3% MoM, or by 16 thousand tons. In particular, iron ore output went up by 10.8% MoM, or by 118 thousand tons, to 1211 thousand tons, while that of iron ore concentrate dropped by 2.6%, or by 134 thousand tons, to…Details
In January-August Poltava Mining and Processing Works consumed 98.9 million cubic meters of gas, down by 22% YoY. According to the company statement, the decrease was the result of the move from the gas to the sunflower seed husks. On August 1, all the lines in the pellet shop switched to this fuel. In 8…Details
Month Russian market, $/t, DDP, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, DDP, $1/UAH24.798* min max min max June 700 920 760 1750 July 690 900 800 1750 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…Details
Gold mining company Nordgold, controlled by the Russian businessman Alexei Mordashov, has launched production at the Bouly deposit in Burkina Faso, the company said in a statement. The average daily gold production at the deposit is expected at 120,000 ounces during the 10-year development period with all-in sustaining costs of $730 per ounce. The project’s…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 414 632 413 470 July 433 659 360 430 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…Details
In January-August copper output in Russia dropped by 2.1% YoY. According to the Federal Service of State Statistics, copper wire output dropped by 22.8%, foil – by 22.2%, but plate, sheet, bars and strips increased by 5.9%, of rods and sections – by 14.6%, all YoY. (Ukrainian metal)Details
Ukraine has increased its capacities of coal transshipment in ports to 700-720 thousand tons per month. “I am sure, even if we are blackmailed and don’t get coal from the ATO zone, we will cope with this. I have spoken with the ports; we can import 700-720 thousand tons per month. That’s enough to live…Details
CNBM International Corporation (China) is interested in privatizing the Novovolynskaya No. 10 mine. “I had a meeting with one of the largest Chinese companies, which was very interested in the privatization process of our mines, especially of Novovolynskaya No. 10 mine”, said the energy and coal industry minister Igor Nasalik. “They have some 10 billion…Details