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Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max August 463 491 September 441 451 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsIn January-September Russian Copper Company produced 127.6 thousand tons of copper cathodes, up from 103.7 thousand tons YoY, and 115.8 thousand tons of copper concentrate (up from 111.9 thousand tons). Precious metals output went up as well: 2221 kg of gold ingots against 2049 kg and 53189 kg of silver ingots against 46607 kg. According…
DetailsIn January-September Electrozinc (a part of UGMK) sold 3.9 billion rubles worth of products, up by 6.1% YoY. The net profits totaled 365 million rubles, up by 253 million rubles. Investments reached 132 million rubles. In January-September the company produced 49.6 thousand tons of zinc and 81.1 thousand tons of sulfuric acid, up by 18%…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 407 587 384 384 September 372 587 318 421 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsUkraine’s Prime Minister Volodymyr Groysman says that in the state budget for 2017 the government sets 1.8 billion UAH for mine restructuring and salary payments. He also supports the construction of Novovolynskaya No.10 mine. “If we can finish construction with 200-300 million UAH, let’s do it. This issue is very important”, he said. (Ukrainian metal)
DetailsAround 50 miners from Novovolynskaya mine No. 10 went on a hungry strike demanding their salary debts to be cleared. The miners haven’t been paid for 3 months. Other miners join them. They also demand to renew financing of the mine construction and the immediate arrival of the energy and coal industry minister Igor Nasalik.…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 460 518 409 409 September 435 499 403 403 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsPipes are among the most important steel products on the Russian market. According to TMK regional sales director Andrei Trofimov, in 2015 pipes accounted for 27.6% of the steel consumption on the local market, as opposed to 11.2% in the world on average. Pipe consumption increase is expected due to the revival of oil and…
DetailsSergey Sakhnenko has been appointed the new director of the Mezhdurechensky Mining and Processing Works. According to the company statement, one of his tasks is to increase titanium ore output. He would also be responsible for certain investment projects. In January-August MGOK produced 99.4 thousand tons of products. Group DF investments exceeded 207 million UAH.…
DetailsMonth Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max August 256 403 315 325 315 345 September 250 426 315 325 315 345 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16…
DetailsThis year MMK plans to increase sales by 245 thousand tons YoY, to 11257 thousand tons. The local market will receive 7144 thousand tons, with 3136 thousand tons to be exported. Hot-rolled flats sales will drop to 3048 thousand tons due to the decrease in demand on behalf of pipe manufacturers; cold-rolled metal sales will…
DetailsIn 2017 Energomashspetsstal will supply over 150 tons of rolls to ISD Dunaferr (Hungary). The contract for the production of 6 supporting rolls for cold- and hot-rolling mills was signed in October. Rolls will be supplied in lots, according to the agreement. (Ukrainian metal)
DetailsThe supervisory board of Artemovsk Non-Ferrous Metals Processing Works has dismissed Vitaly Malykhin from the office of the chairman of the board and appointed Alexander Chistyakov instead. According to the company statement, the deputy chairman Alexander Stefan and member of the board Tatiana Golos have also been dismissed. At the same time Valery Safonov, Tatiana…
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