A new laboratory began operating at the rail-beam mill of Chelyabinsk Iron and Steel Works (a part of Mechel). It will decrease the time needed to control the quality of rails. The laboratory is equipped with the oxygen and nitrogen analyzer. Previously ChMK had to control the oxygen weight percentage in highly-aluminous inclusions at other…Details
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The Kriviy Rih city authorities have adopted the environmental program for 2016-2025. The work on the program started in April. ArcelorMittal Kriviy Rih, as the main polluter, received the most environmental tasks. According to the environmental department, AMKR pollutions total 82% in the city. But the management of the works asked to postpone the stopping…Details
Month Russian market, $/t, DDP, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.489* min max min max July 710 980 830 930 August 780 1000 830 930 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the…Details
The state enterprise Ukrpromvneshexpertisa forecasts that in October square billet price FOB Black Sea will drop by 1.6% MoM, or by $5 per ton to $310-315 per ton. According to the company analytics department expert Oleg Gnitetsky, this drop will be caused by the demand decrease on Turkish market, where the main factor is always…Details
Smart-Holding doubts the lawfulness of searches, conducted by the Security Service of Ukraine in the company office at Igorevskaya Street in Kiev. According to the company law director Lada Konduforova, there was another address stated in the search permission. The Security Service officers also failed to explain the searches on the weekend, as they had…Details
The Higher Commercial Court has returned the Zaporozhye Aluminum Works to the state property. In February 2011 the State Property Fund of Ukraine concluded a purchasing agreement of ZALK shares with AvtoVAZ-Invest, according to which the buyer had to pay the share price and clear all debts to the State Export-Import Bank of Ukraine valued…Details
In July Metinvest increased EBITDA by 23.5% MoM, to $147 million. Thus, for 6 consecutive months Metivest has been gaining positive EBITDA. From November 2015 till January 2016 its EBITDA was negative. The group’s revenues in July totaled $568 million, as opposed to $559 million in June, $533 million in May, $502 million in April,…Details
Month Ukrainian market, $/t, without VAT, FCA, $1/UAH24.798* min max June 149 154 July 139 144 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
In January-August Russia decreased raw lead output by 4.6% YoY, while that of raw zinc increased by 4.4%. According to the Federal Service of State Statistics, in August raw lead output dropped by 18.2% YoY, while that of zinc – by 10.1%. (Ukrainian metal)Details
On October 10, the national nuclear energy-generating company Energoatom plans to buy 530.48 million UAH worth of equipment to repair refrigerators of the Zaporozhye Nuclear Power Plant. It plans to use welded pipes, which could lead to the second Chernobyl. According to the Centravis Production Ukraine regional sales department director Denis Knyazhentsev, the company pipes…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 34 42 41 45 July 30 36 35 40 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…Details
Abinsky Electrometallurgical Works is one of the largest steel producers on the Russian South. Its capacities reach 1.2 million tons per year. The works is capable of producing 600 thousand tons of rebars and 500 thousand tons of low-carbon rolled wire. The rolled wire mill is the most advanced in Russia. In late 2017 AEMZ…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max June 533 719 436 488 410 440 410 430 July 503 689 461 469 400 415 400 420…Details