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In 2015 Corum Group received 632 million UAH of losses, down 3 times YoY. Its revenue went up by 7% YoY, to 1.7 billion UAH, while its EBITDA grew to minus 91 million UAH from minus 351 million UAH in 2014. “We understand that the market situation is still complex. Low prices for raw materials…
DetailsMonth Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max March 281 281 April 326 326 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsModernization program of Mariupol Ilyich Iron and Steel Works shows that in 2017 the ecological situation in Mariupol will start to improve. “In 5 years air pollution will meet European standards. We can only welcome this”, said the Prime Minister Vladimir Groysman, while visiting the works. According to Metinvest CEO Yuri Ryzhenkov, the group continues…
DetailsIn May iron ore raw materials export prices went up by 3-7%, says Ukrpromvneshexpertisa, but sees them down by 10-15% in June. According to the company statement, increase of Chinese iron ore indexes continues to have a positive effect on Ukrainian export prices. In April average export price went up by 34.4% MoM, or by…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.3334* min max March 358 515 April 440 542 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsSupervisory board of Dneprometiz has appointed Anatoly Frishman chairman of the board. According to the company statement, Frishman has been appointed until the next annual meeting of the shareholders. He owns no company shares. In late March Frishman has been appointed member of the board. In 2015 Dneprometiz received 60.86 million UAH of losses. The…
DetailsDniepropetrovsk Administrative Court of Appeals has cancelled the decision of the previous court on the prohibition of scrap export from Dniepropetrovsk and Kherson customs of the State Fiscal Service. “We’re looking forward to the State Fiscal Service reaction”, said Ceramet. The company also hopes that the Kiev Administrative Court of Appeals makes the same decision.…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max March 320 647 284 331 360 385 340 380 April 389 647 362 387 480 485 400 485…
DetailsSupervisory board of Energomashspetsstal has appointed Andrei Nikipelov chairman of the board. Nikipelov is also the general director of Atomenergomash (Russia). In 2015 EMSS received 3210.12 million UAH of losses, having decreased its net income by 7.9% YoY, or by 105.69 million UAH, to 1231.61 million UAH. The company specializes in the production of special…
DetailsIn March Metinvest EBITDA was on the level of $91 million. According to the company statement, it has increased its revenues by 10.21% MoM, or by $43 million, to $464 million. In February Metinvest EBITDA totaled $42 million. (Ukrainian metal)
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* Export, Ukraine, $/t, FOB Black sea ports min max min max min max March 280 395 273 282 350 400 April 317 451 282 356 440 490 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16…
DetailsIn 2015 three Ukrainian companies entered the list of world’s largest metal companies. The first place, as in 2014 held ArcelorMittal, owner of ArcelorMittal Kriviy Rih. Last year the corporation produced almost 100 million tons of steel. Evraz Group dropped from 22 to 25 with 14.35 million tons of steel. The group owns Evraz Dneprovsky…
DetailsMetinvest B.V. has announced that a non-binding heads of terms (heads of terms) for the restructuring of its notes and PXF facilities has been agreed upon. Among other terms, the heads of terms include: an extension of Metinvest’s debt maturities by up to 5.5 years until the end of 2021, including 2.5 years of grace…
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