Abinsky Electrometallurgical Works is one of the largest steel producers on the Russian South. Its capacities reach 1.2 million tons per year. The works is capable of producing 600 thousand tons of rebars and 500 thousand tons of low-carbon rolled wire. The rolled wire mill is the most advanced in Russia. In late 2017 AEMZ…Details
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Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max June 533 719 436 488 410 440 410 430 July 503 689 461 469 400 415 400 420…Details
In October-November metal products in Siberia will become more expensive. According to Andrei Sosedko, head of Ferrum, hot-rolled metal price will go up because of the world markets price increase. The November rise is explained by the coking coal price increase, as it constitutes 20% of the metal prime cost. (Ukrainian metal)Details
Corum Group believes the high prices for coking coal will remain until at least April 2017. “It’s difficult to say what will be after that, as the situation depends on many macroeconomic factors”, Denis Shemyakin, the company marketing director, said. According to him, world coal prices have been constantly growing since the year started. For…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* min max June 477 477 July 477 477 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
Metalloinvest is negotiating the transit of 5 million tons of mining products through Ukraine with Ukrzaliznytsia and the TIS group. “We have a client who wants to transport 5 million tons of products to Ukraine. That’s transit. We have decreased transshipping tariffs in the port, but we are still uncompetitive. If Ukraine doesn’t take this…Details
For metal industry to start growing it needs a clear tariff policy, no discrimination of Ukrainian products on European market and access to loans, according to Metinvest CEO Yuri Ryzhenkov. He said mining-metallurgical industry was one of the main bases of Ukrainian economy. “It gives work to adjacent industries. To transport, energy, and machine-building”, he…Details
On October 10, the national nuclear power-generating company Energoatom will make a purchase of equipment to repair refrigerators of the Zaporozhye Nuclear Power Plant valued at 530.48 million UAH. In the purchase documentation Energoatom stated that it needed less safe pipes that were not produced in Ukraine. At the same time several local companies can…Details
In August Ukraine exported $33.91 million worth of steel pipes, while imports totaled $6.13 million. According to the State Fiscal Service, the main consumer of Ukrainian steel pipes in August was Russia ($8.03 million). In January-August Ukraine exported $259.91 million worth of pipes, with imports at $71.33 million. (Ukrainian metal)Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* Export, Ukraine, $/t, FOB Black sea ports min max min max min max June 430 543 383 424 375 385 July 396 501 353 403 375 385 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.07.16…Details
At present Metinvest is not negotiating the sale of Khartsyzsk Pipe Works, a leading Ukrainian producer of oil and gas large diameter pipes, situated in the Russia-supported terrorist-occupied territory. “We’re negotiating hundreds of sales of our assets. We can sell those that we don’t use for a fair price, but not KhTZ. It has just…Details
Southern Kuzbass Coal Company, a part of metals and mining group Mechel, has launched production at the 3-2-7-west coalface with reserves of 915,000 tons at the Sibirginskaya mine in southwestern Siberia, the company said in a statement. Investments in the launch amounted to 344 million rubles, the company said. “The launch of the coal face…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 444 632 467 470 July 433 659 360 424 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…Details