In March Ukraine produced 53.6 thousand tons of manganese concentrate and sinter. According to the Ukrainian Association of Ferroalloy Producers, in Q1 manganese concentrate and sinter output decreased by 73.9% YoY, or by 151.6 thousand tons, to 53.6 thousand tons – in January and February Ukraine didn’t produce any manganese concentrate or sinter. (Ukrainian metal)Details
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Metinvest-SMC, the retail seller of Metinvest metal, will supply 870.8 million UAH worth of rails, rolled metal and angles to Ukrzaliznytsia. According to the company statement, it has won the trades for the delivery of 771.8 million UAH worth of rails and 99 million UAH worth of rolled metal and steel angles. The corresponding agreements…Details
Supervisory board of Dneprospetsstal has reelected Vitaly Korniyevsky the acting chairman of the board. According to the company statement, he has been reelected for 3 months. In 2015 DSS received 706.56 million UAH of losses, having increased its net income by 40.8% YoY, or by 1.98 billion UAH, to 6.85 billion UAH. (Ukrainian metal)Details
In January-March Donetskstal decreased its losses by 65% YoY, or by 3.11 billion UAH, to 1.65 billion UAH. According to the company statement, it has increased its net income by 32% YoY, or by 739.79 million UAH, to 304 billion UAH. In 2015 Donetskstal received 6235.7 million UAH of losses as opposed to 4871.53 million…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, FOB Black sea ports min max min max min max February 248 354 231 263 290 300 March 262 376 243 263 340 390 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16…Details
In 2015 Ukrstalkonstruktsiya received 65.68 million UAH of losses. According to the company statement, its assets at the end of 2015 totaled 159.61 million UAH, with accounts receivable on the level of 136.55 million UAH and current liabilities at 240.74 million UAH. Its net income went up by 9.6% YoY, or by 10.96 million UAH,…Details
Supervisory board of Druzhkovka Metal Wares Works has extended the office of Yakov Stepanov as the general director. According to the company statement, Stepanov has been reelected for 3 more years. He has been in this office since April 2013. In 2015 the works received 34.8 million UAH of net profits, having increased its income…Details
In 2015 Vtormet Odessa received 180 thousand tons of profits. According to the company statement, its net income went up by 38.26% YoY, or by 53.67 million UAH, to 193.97 million UAH. In 2014 Vtormet Odessa received 2.03 million UAH of losses. (Ukrainian metal)Details
Metinvest Group of Companies has put Esra C to ship metal products to Italy. “The group has increased its fleet with a new Handysize vessel from Turkish Canbaz Group. Esra C will be supplying metal from Mariupol to Italian ports of Marghera, Monfalcone and Ravenna”, said the company in its statement. On April 22, the…Details
In January-March Metinvest companies produced 1.99 million tons of steel, up by 19% YoY and 17% QoQ. In particular, Yenakievo Iron and Steel Works produced 501 thousand tons of steel, while Mariupol Ilyich Iron and Steel Works – 715 thousand tons, with Azovstal producing 783 thousand tons, up by 91%, 21% and down by 4%…Details
The board of directors of Norilsk Nickel recommended for the AGM approval the dividend payment for the full financial year 2015 in the amount of RUB 230.14 per one ordinary share. The total dividend distribution will amount to approximately $548 million. The board of directors has also proposed to set the dividend record date on…Details
The first deputy minister of Natural Resources of the Khabarovsk region Vyacheslav Kovalyov met the CEO of Amur Minerals Thomas Bouwens. They discussed of cooperation during the development of Malmyzhskogoe gold-copper-porphyry deposit. Thomas Bouwens thanked the government of the Khabarovsk region for the support of the investment project and expressed his determination to continue the…Details
Because of the lack of railroad cars Avdiivka Coke and Chemical Works had to decreased coke output by 10%, or by 800 tons per day. “We had to decrease our output even though metal companies were in need of coke. We have enough raw materials, but we simply can’t deliver our products”, said the company…Details