ArcelorMittal Kriviy Rih and Azovstal were among the receivers of the largest VAT reimbursement in July. According to the State Treasury Service, the total VAT reimbursement increased from 111.3 thousand UAH in June to 12.11 billion UAH in July. Among mining and metal companies AMKR received the largest reimbursement – 481.8 million UAH. The company…Details
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In January-June Donetskstal received 963.12 million UAH of losses, down by 69.96% YoY, or by 2.243 billion UAH. According to the company statement, its net income went up by 14.15% YoY, or by 775.32 million UAH, to 6.25 billion UAH. In Q2 Donetskstal received 693.03 million UAH of profits, having increased its net income by…Details
In July Nikopol Ferroalloy Plant produced 63.2 thousand tons of silicomanganese, up by 23.9% MoM, or by 12.2 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, ferromanganese output at NZF increased by 28.1%, or by 0.9 thousand tons, to 4.1 thousand tons. In January-July NZF silicomanganese output totaled 397.7 thousand tons, up by…Details
In January-June Ceramet invested over 10 million UAH into its development. 85% of the investments fell to the Keramet Hungary Kft. In its Ukrainian assets Ceramet invested around 1.5 million UAH The company plans to invest 750 thousand UAH more into its Hungarian branch by the end of the year, and some 25 million UAH…Details
Energomashspetstal has received an order from the Starokramatorsk Machine-Building Works for the supply of mining and metallurgical equipment. According to the company statement, it will produce gear-shafts, axles, rolls etc. “As per the contract, the equipment is to be shipped in October. The total weight of the products will be 78 tons”, said the statement.…Details
Artemovsk Non-Ferrous Metals Processing Works has decided to close down its subsidiary Vtortsvetmet in Donetsk, as it simply can’t operate. The subsidiary was responsible for leasing and exploitation of its own or leased real estate; fuel, ore, metal and industrial chemicals trade, as well as warehousing. (Ukrainian metal)Details
ArcelorMittal Kriviy Rih plans to put its coking battery No. 6 into operation in Q4. According to the company statement, the battery has already been put for drying and warming-up. The coking battery No. 5 is scheduled to be put into operation in 2018. The project capacity of batteries No5 and 6 is 530 thousand…Details
The state-extracting company Ukrgazdobycha has accepted the offer of Interpipe for the delivery of casing pipes with the total weight of 11.35 thousand tons valued at 565.18 million UAH. The pipes will be supplied by 2017. Metall-Impex, Dniepropetrovsk Works of Drilling Equipment, Dniepropetrovsk Tube Works, Nefteservis, Energo-Invest and Business Global also participated in the trade.…Details
In January-July Zaporizhstal produced 2272.3 thousand tons of steel, down by 0.1% YoY, or by 1.5 thousand tons. According to the company statement, pig iron output increased by 0.05% YoY, or by 1 thousand tons, to 2108.9 thousand tons, while that of rolled metal went up by 1.2% YoY, or by 22.7 thousand tons, to…Details
In July Ukraine produced 139.5 thousand tons of manganese concentrate and sinter, down by 3.3% MoM, or by 4.7 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, in January-July manganese output dropped by 31.8% YoY, or by 253.4 thousand tons, to 543.3 thousand tons. In June Ukraine produced 144.2 thousand tons of manganese…Details
Dniepropetrovsk Metal Structures Works named after Babushkin has dismissed Rustem Asilgareev from the office of the general manager and appointed Helen Tarasenko acting CEO instead. Asilgareev has been in the office for 15 months. Tarasenko has been appointed for an indefinite term. Previously she worked as the financial director of the company. Neither owns company…Details
The state enterprise Ukrpromvneshexpertisa (UPE) believes square billet prices (FOB Black Sea) in September will increase by $15-20 per ton MoM, to $335-340 per ton. The company analysts expect the increase in demand on European markets in September, as well as in Turkey and Near East due to the start of the autumn construction period.…Details
The state enterprise Ukrpromvneshexpertisa (UPE) believes iron ore raw materials prices in October (Australian Fe 62% ore CFR China) will drop below $50 per ton on the world market. “We’re not yet sure how long it will last – a week, 2 or 3, but the prices will be below $50”, said the company analyst…Details