In January-May Ukraine produced 10.54 million tons of carbon steel, up by 14% YoY. This is preliminary data by Metallurgprom, while more precise information is expected after June 10. Pig iron output increased by 21%, to 10.11 million tons, that of rolled metal – by 16.5%, to 9.32 million tons. Coke production went up by…Details
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Ukraine’s Prime Minister Vladimir Groysman went to see Mariupol Ilyich Iron and Steel Works of Metinvest Group as part of his visit to Mariupol. He observed the reconstruction of a sinter plant, the biggest environmental project in the history of Ukraine’s independence, with the five-year investment making $220 million. Vladimir Groysman visited a converter shop.…Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max March 307 383 April 327 426 * – 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)Details
Ukraine intends to prolong its contracts with Russia on uranium processing. “This year we plan to prolong the contract, the parties are discussing all the matters”, said the national nuclear energy company Atomproektinzhiniring director Alexander Rybchuk. This year Ukraine doesn’t intend to change delivery volumes. But parties haven’t discussed plans for 2017 yet. (Ukrainian metal)Details
Two mines, situated in the occupied territory of Donetsk region, were cut from electricity following night shelling. At midnight Mine named after Zasyadko came under fire. An hour later the electricity was supplied and the mine started operating in normal order. There were no casualties. The same night Butovskaya mine lost electricity due to shelling.…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR64.3334* min max March 497 497 April 497 497 * – 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)Details
The state enterprise United Mining and Chemical Company goes on exporting its products via Bollwerk Finanzierungs-und Industriemanagement AG, according to the data of ilmenite and titanium concentrate exports at Ukrainian ports. In particular, Bollwerk is the supplier of UMCC products in the ports of Odessa and Ismail. In January-April UMCC exported 14 thousand tons of…Details
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…Details
Month 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)Details
Modernization 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…Details
In 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…Details
Month 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)Details
Supervisory 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…Details