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Interpipe believes in summer scrap procurement will decrease by 20%. “The market is saturated with scrap now, but with the coming of summer we see a traditional decline. We believe the drop in the scrap procurement will reach 20%”, Interpipe CFO Denis Morozov said. At the same time, scrap demand will grow, as ArcelorMittal Kriviy…
DetailsAccording to the State Fiscal Service, in January-June Ukraine imported 11.084 million tons of coal, up by 40.7% YoY, valued at $1.531 billion, up by 21.8%. Russia supplied $962.723 million worth of coal (62.88%), USA – $483.95 (31.61%), Canada – $48.365 million (3.16%) and other countries – $26.028 million (2.35%). At the same time in…
DetailsThe minister of energy and coal industry Igor Nasalik is personally responsible for the situation in the state coal industry, the Prime Minister Vladimir Groysman declared. “The situation in the industry is unsatisfactory. The minister has been told many times to start restructuring and modernizing mines, as well as increasing coal output”, he said. “I…
DetailsDonetsk region state mine groups have concluded 2 agreements with the Mirnogradskaya Central Processing Factory to process coal for the total amount of 136.3 million UAH. The state enterprise Selidovugol has ordered processing of 660 thousand tons of coal at 145 UAH per ton (95.7 million UAH) until June 2019. The state enterprise Toretskugol will…
DetailsThis year UAH 3 billion will be allocated from the state budget to cover the difference in cost and market price of coal, Prime Minister of Ukraine Volodymyr Groysman said during an Hour of Questions to the Government. “The state of affairs in the coal sector is very poor, and this isn’t good for the…
DetailsIn June Energomashspetsstal shipped over 100 tons of supporting rolls to Mariupol Ilyich Iron and Steel Works. The rolls have been produce under the agreement signed last October. EMSS has to produce some 500 tons of rolls for Mariupol Ilyich. The rolls will be used at hot- and cold-rolling strip mills. (Ukrainian metal)
DetailsIn June rolled metal and pipes shipment via railroad from the main market players totaled 4.92 million tons, down by 7% MoM, but up by 7.4% YoY. Sales on domestic market were 3 million tons, down by 5.6%, but up by 7.1%, while exports – 1.09 million tons, down by 9.1%, but up by 7.9%…
DetailsIn June railroad transportation of ferrous metals totaled 6.2 million tons, down by 5.2% MoM, but up by 15.7% YoY. Deliveries to the domestic market reached 3.64 million tons, down by 3.5% MoM, but up by 14% YoY. Exports totaled 2.1 million tons, down by 6.1%, but up by 22.5%. Imports were on the level…
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