The first lawsuits against Interpipe NMTZ, Niko Tube and NTZ Alfa-Bank filed in August and September 2015. The bank wanted $5.7 million according to loan agreements of 2013 and $9 million and 41 million euro according to loan agreements of 2012. Interpipe had to return the debt by March 2015. But didn’t manage to. “Last…Details
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Metinvest has to spend over $300 million to make its mining and processing works correspond to the European standards. “Some pollutions at our companies are already within the European norms, so we can only welcome the implementation of the European environmental standards in Ukraine. But it’s a long way, we have just passed a small…Details
Ecology and natural resources minister of Ukraine Ostap Semerak has visited Zaporizhstal and has been shown the modernization processes: sintering machine No. 5 gas-purifying system construction, as well as the already working gas-purifiers at sintering machines No. 1-4; sand bed exsufflation system of the blast furnace No. 4, as well as the hydrochloric acid digestion…Details
In January-June Ukraine imported $24.91 million worth of copper and copper wares, up by 14.9% YoY. According to the State Fiscal Service, copper exports dropped by 50.8% YoY, to $35.14 million. In June Ukraine imported $4.88 million worth of copper wares, while exports reached $5.8 million. Nickel imports in H1 decreased by 12.9% YoY, to…Details
On July 10, Krasnolimanskaya yielded 1 millionth ton of coal since the year start. “This is the 120-th million of coal since the mine started working”, said the company director Alexander Dubovik. (Ukrainian metal)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 121 148 140 145 May 121 148 141 146 * – 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
Dniepropetrovsk Iron and Steel Works named after Komintern (Kominmet) has dismissed Andrei Mouchkin from the office of the deputy chairman. According to the company station, Mouchkin resigned from his position. He has been in the office since April 22, 2015. None has been appointed in his place as yet. In 2015 Kominmet received 197.52 million…Details
Zaporizhstal has turned on the gas-purifying equipment at its sintering machine No. 5. “We have put the gas-purifier at SM5 in time, as promised and immediately started constructing the last one – No. 6. We have to build it in three months and complete the ecological modernization of the sinter factory”, said the company CEO…Details
On July 7, Alchevsk Iron and Steel Works put into operation its blast furnace No. 5, and is now operating two BFs. According to a company representative, the works produces some 2.5 thousand tons of pig iron daily. BF3 was put into operation on July 3. In January-June AMK produced 694 thousand tons of rolled…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* min max April 429 527 May 511 596 * – 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)Details
In January-June Electrostal produced 161726.99 tons of continuous-cast billets, down by 28.3% YoY. According to the company statement, in June it produced 38721.26 tons of billets, down from 41532.71 tons in May. Most of the products the company exports. In particular, in June it exported 38699.79 tons of billets. In January and most of February…Details
Ukrzaliznytsia has ordered 25.43 thousand tons of railroad construction materials valued at 626.05 million UAH from Metinvest-SMC. The Ukrainian Railways will buy open sections, encased piles as well as railroad and tramways construction elements of steel. All the products must be supplied this year. The agreement was concluded on June 30. (Ukrainian metal)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 323 399 357 362 May 355 487 440 507 * – 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