In 2016 Mogilev Iron and Steel Works has supplied over 2700 tons of metal for the construction of the Belarus Nuclear Power Plant, up by 131% YoY. MMZ plans to have delivered 2500 tons more by April 2017. (Ukrainian metal)
DetailsMariupol Ilyich Iron and Steel Works has started an overhaul of its continuous dip-galvanizing mill No. 1. “We intend to finish repairs in 20 days”, the company CEO Yuri Zinchenko said. An automatization system will also be installed at the mill. The overhaul will decrease the spoilage in production. (Ukrainian metal)
DetailsIn 2016 Zaporizhstal expects to decrease gas consumption by 18.6% YoY, to 166 million cubic meters. According to the company statement, in 2013 the works consumed 236 million cubic meters of natural gas, in 2014 – 206 million, and in 2015 – 204 million. In October Zaporizhstal reached the lowest gas consumption level of 10…
DetailsMonth Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max September 424 424 October 416 422 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal) Dear colleagues! From 2017 the monthly metal price monitoring…
DetailsIn November prices of industrial manufacturers increased by 2.2% MoM. According to the State Statistics Service, in mining and quarrying price increase reached 4.4% MoM, including 10.5% in iron ore mining. Prices in processing industry went up by 1% MoM, in particular of coke – by 3.2%, in metal manufacture – by 2.2%. (Ukrainian metal)
DetailsThe forecast for the Russian steel sector in 2017 is negative due to weak domestic demand, international rating agency Moody’s said in a research note. The outlook for the European steel sector is also negative due to risks of “price falls and profitability pressures on the back of competition from cheap imports”, the agency said.…
DetailsAccording to the State Fiscal Service in January-November Ukrainian metal companies revenue from ferrous metals exports dropped by 11.8% YoY, to $6625.749 million. In November revenues from ferrous exports reached $632.86 million. Imports in January-November totaled $732.992 million, up by 13.9% YoY, with $58.416 million in November. (Ukrainian metal)
DetailsIn 2016 DTEK financial results will be negative. “We will have losses, but not that much as in the two previous years”, the company CEO Maxim Timchenko said. The losses decrease has to do with the re-evaluation of the company credit portfolio, decrease in exchange risks and world coal price rise. “This year the situation…
DetailsChelyabinsk Iron and Steel Works, a part of Mechel, has given another loan to Mechel until June 22, 2022. According to the company statement, the value of the loan is 1.4 billion rubles. Mechel borrows money from its main metal works on regular basis. In January ChMK lent 1.3 billion rubles to its owner, 1.4…
DetailsMiners of the Uskovskaya mine were the first among Raspadskaya Coal Company divisions to reach the annual target of coal output, by yielding 2 million tons. Uskovskaya coal is supplied to Evraz companies, as well as other metal and by-product coke enterprises of Russia, Asia and Ukraine. (Ukrainian metal)
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