Metinvest CEO Yuri Ryzhenkov believes in 2016 domestic metal market will grow by 10% YoY. “Last year Ukraine saw the lowest metal consumption results in its newest history. So far the economy is idle: there is no increase in construction, or in machine-building. And these are our main metal-consuming industries”, he added. (Ukrainian metal)
DetailsIn April-June Evraz Dneprovsky Iron and Steel Works increased metal and coke output. According to the company statement, this has to do with the demand increase. Semi-finished products output decreased by 2.8% QoQ, to 130 thousand tons, while section steel manufacture went up by 20.3% QoQ, to 94 thousand tons. Carbon steel smelting in April-June…
DetailsManufacturing results of July for the Ukrainian mining and metal industry will depend on the normal work of the railroad and the provision of coke and raw materials. Ukrmetallurgprom wasn’t able to forecast output results for August, but it believed that in July Ukraine would produce 2.1 million tons of pig iron, 2.2 million tons…
DetailsHalf Ukraine’s thermal power plants get coal from mines, and the state now owns only 35 of them, and their number could drop to 7. “What the energy minister Nasalik says, differs from the real situation. Ukraine owns only 35 mines. If it retains control over 7 of them, 28 would leave the state ownership,…
DetailsIn January-May Mezhdurechensky Mining and Processing Works and Valki-Ilmenit, both owned by Group DF, produced 69.8 thousand tons of ilmenite concentrate. In particular, MGOK produced 54.7 thousand tons of concentrate, while Valki-Ilmenit – 15.1 thousand tons. The maximal capacity of MGOK is 200 thousand tons of ilmenite concentrate per year, and Valki-Ilmenit can produce 65…
DetailsMonth Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max April 206 278 May 206 370 * – 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)
DetailsDespite the prohibition and the recommendations of the Ministry of economical development and trade, the State Fiscal Service goes on providing documents for ferrous metals exports, mainly through Nikolaev and Kherson customs. In June Turkey imported 26.77 thousand tons of the raw materials through various customs. Nikolaev trade seaport transshipped 6.34 thousand tons of scrap,…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max min max April 361 417 427 427 May 433 494 471 471 * – 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…
DetailsIn 2016 Pobuzhye Ferronickel Plant intends to receive 69.51 million UAH of profits as opposed to 244.2 million UAH of losses in 2015, if the UAH exchange rate and resources prices remain on their current levels. “Since April we’ve been working with profits”, said the company CEO Oleg Bespalov. In H1 the company received 49.41…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max April 483 675 368 458 520 530 520 530 May 497 730 389 521 505 510 518 574…
DetailsPervomaisky open pit mine of the Severniy Mining and Processing Works, a part of Metinvest Group, has commissioned the first start-up facility of the iron ore crushing and conveying system. It is the independent Ukraine’s largest project in the mining sector. Investments in the first line of the crushing and conveying system totaled 1.9 billion…
Details“Zaporozhkoks is a stably working company, employing some 1600 Zaporozhye citizens. Last year was a difficult one, but we were able to produce 800 thousand tons of blast furnace coke, earning some 4 billion UAH, and obtaining 250 million UAH of net profits. We have also paid 284 million UAH of taxes”, said the company…
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