For the past several years Metinvest invested over 45 billion UAH into development of its companies. “We have completely modernized the Yenakievo Iron and Steel Works, we’ve implemented cyclic-and-continuous technology at all our GOKs. We put into operation PCI machines at Ilyich. We’ve modernized Azovstal continuous cast machines”, said the group CEO Yuri Ryzhenkov. Metinvest…Details
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In April Nikopol Ferrolloy Plant produced 65.6 thousand tons of silicomanganese, up by 18% MoM, or by 10 thousand tons. At the same time ferromanganese output dropped by 95.3% MoM, or by 6.1 thousand tons, to 0.3 thousand tons. In January-April NZF produced 221.8 thousand tons of silicomanganese, up by 2.7% YoY, or by 5.9…Details
In January-May Ukraine imported $571.02 million worth of coal and anthracite, with $102.86 million in May. According to the State Fiscal Service, Russia supplied $363.8 million worth of coal, US – $83.83 million, Australia – $38.08 million, and all other countries – $85.3 million. All in all in 5 months Ukraine imported 6583.31 thousand tons…Details
Wolbert Company, Plamsted and Kamset Holdings (all from Cyprus) intend to buy 19.3% of Nikopol South Pipe Works shares each. According to the company statement, Wolbert Company will buy 72716543 shares, Plamsted will purchase 72716544 shares, and Kamset Holdings plans to buy 72716544 shares of NPTZ. (Ukrainian metal)Details
Month Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max min max March 19 20 21 22 April 19 20 22 26 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the…Details
In April Ukraine produced 84.7 thousand tons of manganese concentrate and sinter, up by 58% MoM, or by 31.1 thousand tons. According to Association of Ukrainian Ferroalloy Producers, in January-April output fell by 59.1% YoY, or by 199.5 thousand tons, to 138.3 thousand tons. (Ukrainian metal)Details
In January-May Dneprospetsstal produced 56.6 thousand tons of rolled metal, down by 14.1% YoY. Steel smelting dropped by 11.9% YoY, to 90.6 thousand tons. In May the company produced 21 thousand tons of steel and 11 thousand tons of rolled metal. Last year DSS output went up by 38.2% YoY, to 6866.89 million UAH. At…Details
ArcelorMittal Kriviy Rih started producing a new type of metal products according to NAN – die-rolled section No. 10 rebar with square core. In the near future the company plans to start producing such rebars of No. 8 and 12 sections. AMKR wire shop has already produced 1 thousand tons of square rebars. (Ukrainian metal)Details
Month Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max min max March 283 2154 376 376 April 323 2154 376 376 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the…Details
The state enterprise Ukrpromvneshexpertiza believes prices for square billets in June will decrease by 5.5-8.2% MoM, to $335-345 per ton FOB Black Sea. “Prices will drop following the decrease in China. The prices will decrease by $20-30 per ton”, said the company expert Oleg Gnitetsky. According to him, average billet price in May was $365…Details
Energomashspetsstal has concluded an agreement to produce and supply 15 billets to JKZ Bucovice. According to the company statement, EMSS will produce forged plates and rods and supply them in Q3. The total weight of the lot after mechanical treatment will be 172.53 tons. The billets will be used to produce die tooling. (Ukrainian metal)Details
Ukrainian Mining and Metallurgical Company has opened a metal supermarket in Dnieper (previous name – Dniepropetrovsk). “In order to increase the regional network UGMK has opened another metal supermarket in Dnieper. The site is at Naberezhnaya Zavodskaya, 19d. The first supermarket is on the left bank of the city”, said the company in its statement.…Details
DTEK welcomes the transition to the new technique of calculating the price, where the coal price is linked with the European coal price index (API2). “Still we don’t feel any positive effect of the new technique yet. But the whole idea of bringing Ukrainian price to international market indexes is a correct decision, as the…Details