In 2016 metal consumption in Ukraine will grow by 2.6% YoY, or by 3358 million tons, according to Metinvest-SMC. “We believe the rise will continue next year as well. At least all the companies involved should demonstrate better results”, said the company CEO Dmitry Lippa. He also noted the increase in the mining industry by…Details
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In January-May Poltava Mining and Processing Works exported 4.99 million tons of iron ore pellets. According to Ukrpromvneshexpertisa, pellets were exported to Europe and the Near East, as well as Japan, China and Korea. At the same time Central GOK exported 870 thousand tons of pellets. In January-May Poltava GOK produced 4.82 million tons of…Details
Vladimir Potanin, president of Norilsk Nickel, came to Norilsk. He visited various production sites, where the company carries out its strategic projects, and held business meetings with the Polar Division management to discuss reconfiguration of production, implementation of capacity increase programs, and improvement of the environmental situation in Norilsk industrial region. According to Norilsk Nickel…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 18 20 22 26 May 17 20 26 30 * – 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 Zaporizhstal produced 1987.8 thousand tons of steel, up by 2.2% YoY, or by 43.4 thousand tons. According to the company statement, it has also increased pig iron (by 2.7% YoY, or by 49.2 thousand tons, to 1846.8 thousand tons) and rolled metal (by 3.5% YoY, or by 58.6 thousand tons, to 1736.2 thousand…Details
ArcelorMittal Kriviy Rih has opened a metal warehouse in the central region of Ukraine, in the city of Dnieper (renamed from Dniepropetrovsk). “This is our 8th warehouse in Ukraine, we plan to supply over 3 thousand tons of metal from there each month. The warehouse carries all the AMKR products”, said the company in its…Details
According to Ukrmetallurgprom, in the first half of 2016 metal companies produced 12.45 million tons of steel, up by 11%, 10.9 million tons of rolled metal, up by 12%, and 11.94 million tons of pig iron, up by 17% YoY. Pipe output decreased by 7%, to 398 thousand tons, while that of coke went up…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 414 414 427 427 May 443 443 471 471 * – 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
Upon completion of the open tendering procedure, Norilsk Nickel has picked the contractor for supply and installation of communication equipment required for developing the transportation network and outfitting the backup area with radio-link communication across the Yenisei River, as part of the project involving the construction of fiber-optic communication line (FOCL) from Novy Urengoy to…Details
In January-May industrial output in Donetsk region (without the antiterrorist operation zone) increased by 7.2% YoY, but in May it was down by 4% MoM and by 1.2% YoY. The regional metal output went up by 9.3%, while mining production rose by 15.9%, all YoY. Coal mining reached 6.3 million tons, up by 17.1% YoY.…Details
In May the Central Mining and Processing Factory, registered in Antrazit, the city in the Russia-supported terrorist-controlled territory, started exporting anthracite having acquired the appropriate license from the Ukrainian authorities. The coal was supplied to Slovakia. The coal price on the border is around $80 per ton DAP. The precise export volumes of the Central…Details
In the first quarter United Mining and Chemical Company received 177.3 million UAH of pre-tax profits, with net income exceeding 400 million UAH. Net profits reached 144 million UAH, with EBITDA at 168.9 million UAH. In the first quarter of 2015 the company net income totaled 215 million UAH, with net profits at 44.9 million…Details
ArcelorMittal Kriviy Rih has created a private company Steel Service to provide auxiliary services to manufacturing processes of the company. “Steel Service will provide high quality service to AMKR from the single center. We can take any auxiliary function and develop it, increasing its quality and implementing innovations”, said the company director Irina Footrook. (Ukrainian…Details