Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max min max April 318 545 291 370 May 420 614 368 558 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the…Details
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In January-June Krivoy Rog Iron Ore Industrial Complex produced 2.4 million tons of iron ore, down by 7.4% YoY. According to a company representative, in June the works produced 368 thousand tons of ore. In 2015 KZhRK decreased iron ore output by 6.7% YoY, to 5.46 million tons. The company sells most of its ore…Details
Norilsk Nickel presents its new brand. Changes involved its name, view and key elements of the brand platform. New image of Nornickel is a quintessence of ideas and values related to the company’s activities represented graphically and visually. ‘Reliability’ and ‘Hope’ are the key words of the new communication platform. Reliability means quality of metal…Details
In January-June Evraz Sukhaya Balka mined 1.3 million tons of iron ore, down by 6.2% YoY. According to a company representative, in June ESB mined 257 thousand tons of ore. Last year it produced 2.81 million tons of iron ore, down by 2.7% YoY. (Ukrainian metal)Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max April 370 370 May 504 558 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
In January-June ArcelorMittal Kriviy Rih produced 2.86 million tons of rolled metal, up by 5.6% YoY. According to the company statement, steel smelting went up by 6.2% YoY, to 3.26 million tons, while pig iron output reached 3.08 million tons, up by 13.7% YoY. Sinter output increased by 11.6%, to 5.37 million tons, iron ore…Details
In June Dniprostal produced 21181 tons of steel, up by 1.4% MoM. Rolled metal output went up by 4.6% MoM, to 12967 tons. The cost of the goods produced totaled 529.37 thousand UAH, up by 3% MoM. In January-June Dneprostal produced 111986 tons of steel and 70967 tons of rolled metal valued at 3.07 million…Details
Due to the railroad transportation and electricity tariffs increase expenses of the Pobuzhye Ferronickel Plant will reach 130 million UAH in 2016 affecting the prime cost. “Railroad tariffs went up by 15%, electricity tariffs are growing all the time. That’s a gigantic weight on our shoulders. And we still have to meet a certain prime…Details
Mariupol Ilyich Iron and Steel Works has started producing S460MC coils. “Our rollers can now produce 2.5×1000 mm coils according to EN 10149-2”, said the company CEO Yuri Zinchenko. S460MC steel is characterized by high strength and is produced by way of thermomechanical rolling. This is the first time that such steel is produced at…Details
The Verkhovnaya Rada of Ukraine has increased the export duty on the ferrous metals scrap from 10 euro per ton to 30 euro for 1 year and cancelled the registration of import contracts. 248 people’s deputies supported the new version of the decree, which blocked the previous one on the 3-years term. “This is the…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max min max April 33 41 33 36 May 33 41 40 44 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the…Details
In January-June Pobuzhye Ferronickel Plant produced 8.8 thousand tons of nickel, up by 0.3% YoY. In particular, the company processed 704277 tons of ore (down by 0.3% YoY), which equals 39709 tons of ferronickel (down by 19.8% YoY), or 8.8 thousand tons of nickel. The company carried an overhaul of the main technical equipment valued…Details
The largest global aluminum producer Rusal wants to supply all the metal produced to Russia in the long run, Sales Director for Russia and CIS Roman Andryushin said. Rusal expects aluminum consumption to grow from 1.4 million tons per year at present to 2.5 million tons by 2024, the manager said. (TASS/Ukrainian metal)Details