Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max May 465 720 438 458 425 470 430 475 June 471 674 439 495 360 390 350 390…Details
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Within the framework of complex ecological modernization of the blast furnace manufacture Zaproizhstal has put the blast furnace gas-purifiers working cycle cooling tower into operation after a major overhaul. Investments into new machinery totaled 30 million UAH. The new cooling tower, produced by Yerushalmi Water Cooling Towers Ltd (Israel), will decrease fresh water withdrawal from…Details
The state mines are in a very difficult situation. First of all they can’t prepare mine takes. Second, miners don’t get their wages in time, and the debts continue to increase. Finally, there are issues with labor safety. In 2015 there were 2 fatal accidents, as opposed to 9 in H1 2016. Coal output decreases,…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 49 55 80 84 June 51 58 82 86 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…Details
After almost a 2-months break Ukraine resumed coal deliveries from the Antiterrorist operation zone via Nikitovka – Mayorsk route. 43 railroad cars brought coal for Ukraine’s thermal power plants. The railroad movement there stopped on June 1. On June 5, the railroad was heavily damaged by shelling. On July 27 railroaders from Ukraine and the…Details
Kola MMC (Norilsk Nickel affiliate) has completed repair of worn-out sections of the gas duct from metallurgical shop to sulfuring acid production department of refining shop. Total of 15 sections of the gas duct were replaced with the total lengths of 293 m. Pechengastroy, Kola MMC subsidiary, was responsible for replacement of gas duct segments.…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 431 725 510 565 June 431 725 412 429 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…Details
In 2015 Zaporozhye Titanium and Magnesium Works paid 43.1 million UAH of dividends to the state. Last year the company received 112.8 million UAH of net profits. 75% of the profits (84.6 million UAH) were spent to pay dividends, 20% – on the works development and 5% remained in the reserve fund. “Despite the tough…Details
Three mines in the Russia-supported terrorists-occupied Gorlovka are operating in life-supporting mode, while another one has been flooded. For the last two years miners received only 3-months worth of salary. At the same time Artemugol received some Russian money to clear June salary debts. (Ukrainian metal)Details
Supervisory board of ArcelorMittal Kriviy Rih has appointed Clark David George (a citizen of Australia) its chairman. He is the technical director and strategy head of ArcelorMittal. On July 15, the supervisory board dismissed Davinder Chugh from the office of the chairman, as this month he turned 60 and he could leave the corporation. (Ukrainian…Details
The Federation of Ukrainian Metallurgists has noted the success of the Ministry of economic development and trade policy in protecting local metal manufacturers interests on foreign markets. “We thank the ministry for the help in protection from antidumping investigations in India, Pakistan, EEU, for the work on free trade zones with Turkey and Israel, for…Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max May 414 502 June 416 512 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
Metinvest has approved of the continuous casting machine reconstruction project of Mariupol Ilyich Iron and Steel Works. The repair will cost $150 million. This project will make the converter shop of Ilyich work at full capacity. After the construction of the new continuous casting machine Ilyich steel output will increase by 1-1.5 million tons, to…Details