On March 7-11 Krasnoarmeyskugol mines spent 12 hours without electricity. This was the result of the 615 million UAH debt to power-generating companies.
The Cabinet of Ministers has included supplies from the occupied territories of Donbass into the coal consumption plan.
Metinvest is interested in the steel market of Iran and plans to certify its large-diameter pipes to be able to sell them to oil companies.
In 2015 Interpipe NMTZ received 394.73 million UAH of net profits.
In January-February Ferrexpo plc, controlling Poltava and Yeristovo Mining and Processing Works, produced 1.87 million tons of pellets, down by 0.3% YoY.
The Ministry of economical development and trade will be giving ferrous scrap export quotas.
In February Ukrainian metal companies consumed 140 million cubic meters of gas, down by 20.9% MoM.
Month Russian market, $/t, EXW, without VAT, $1/RUR75.172* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.152* Export, Russia, $/t, DAP Russian border min max min max min max December 108.45 133.37 143.13 153.07 165.00 170.00 January 108.45 141.03 143.13 153.07 165.00 170.00 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.01.16 according…Details
Metinvest B.V. has purchased 0.11% of Avdiivka Coke and Chemical Works, increasing its share to 87.25% from 87.14%.
The Ministry of energy and coal industry plans to find a way to increase coal output by changing taxes.
2016 mining plans for DTEK Dobropolyeugol mines (except for Belozerskaya mine) have been decreased to 3.1 million tons due to the excess of gas coal in Ukraine as the result of the drop in electricity output.
Month Russian market, $/t, EXW, without VAT, $1/RUR75.172* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.152* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max December 24.58 29.31 23.19 25.01 40.00 60.00 50.00 60.00 January 22.55 28.18 20.54 22.20 40.00 60.00 50.00 60.00 * -…Details
Ingulets Mining and Processing Works will supply a trial batch (20 thousand tons) of 68% iron content concentrate to ArcelorMittal Poland S.A.