In January-June Ukraine exported 233.37 thousand tons of scrap worth $40.99 million, down by 68.4% and 77.5% YoY respectively. According to the customs statistics, provided by the State Fiscal Service, in June scrap exports totaled 26.78 thousand tons, with 112.57 thousand tons in May and 82.47 thousand tons in April, while in Q1 exports were…Details
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Energomashspetsstal will produce bottom plate, upper shoe, punch and ring castings with the total weight of 230 tons for AEM-tekhnologii (Russia). “The billets for die tooling will be mechanically treated at EMSS. According to the agreement, the products will be supplied in November-December”, said the company in its statement. (Ukrainian metal)Details
In January-June metal companies exported $3346.98 million worth of ferrous metals, down by 22.1% YoY. According to the customs statistics of the State Fiscal Service, ferrous metals accounted for 20.13% of the total export revenues down from 23.14% in January-June 2015. In June Ukraine exported $634.66 million worth of ferrous metals. Imports in H1 2016…Details
The Ministry of economical development and trade denies the information about granting licenses to export anthracite coal to a company registered in the Lugansk People’s Republic. “Some mass media have published information that Ukraine exports anthracite coal from uncontrolled territories with the consent of the ministry. This information is contrary to the facts”, said the…Details
In June Yuzhniy Mining and Processing Works produced 884.2 thousand tons of concentrate, down by 10.6% YoY. According to the company statement, sinter output in June went up by 15.4% YoY, to 165.6 thousand tons. In January-June UGOK produced 5406 thousand tons of concentrate and 922 thousand tons of sinter, down by 5.3% and up…Details
In September Mariupol Ilyich Iron and Steel Works will start an overhaul of its converter No. 2. In particular, it will include the modernization of the gas-purifying system. The overhaul will cost over 230 million UAH. The project is a part of the Mariupol environmental program for 2012-2020. It was presented in April. As the…Details
Month Ukrainian market, $/t, without VAT, FCA, $1/UAH25.166* min max April 168 175 May 195 208 * – 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 May Evraz Dneprovsky Iron and Steel Works produced 98.2 thousand tons of pig iron and 97 thousand tons of steel. The management also sees the prospects of increasing output YoY, but refuses to give a certain number. The steel-smelting rise will increase the Evraz DMZ demand in scrap. “Our inner scrap procurement allows us…Details
In January-June Dneprovsky Iron and Steel Works produced 1.02 million tons of rolled metal, down by 15.6% YoY. According to a company representative, steel smelting dropped by 13.8%, to 1.02 million tons, while pig iron output decreased by 8.1%, to 1.04 million tons, all YoY. In June DMK produced 132 thousand tons of rolled metal,…Details
In 2015 ArcelorMittal Kriviy Rih fired several dozens of employees, summoned to serve in the army. According to the Ukrainian legislation, such conscripts retain their work place and receive average monthly salary. And they cannot be fired according to the Labor Codex. Some of the conscripts filed a suitcase as the company refused to employ…Details
Month 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 April 206 278 375 425 375 425 May 206 370 340 365 340 370 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16…Details
NSMMZ (Nizhniye Sergi), a key company in NLMK group’s long products division which operates from three production sites in Sverdlovsk region in the Urals, has been renamed NLMK Ural. The company adopted a new charter and registered the change of name with the Inspectorate of the Tax Service of Russia #30 for Sverdlovsk region. The…Details
June proved to be extremely unlucky for Ukrainian metal companies mostly because of the railroad strike. Steel smelting dropped by 19% MoM, to 1.87 million tons, pig iron output decreased by 20.5% MoM, to 1.79 million tons. Average daily steel output in June totaled 62.4 thousand tons as opposed to 73.2 thousand tons in May.…Details