The supervisory board of Yasinovskiy By-Product Coke Plant has reelected Victor Palenko chairman of the board. According to the company statement, 3 out of 7 board members have been changed. In particular, Anatoly Birchenko, Victor Kazakov and Julia Birsana have been dismissed form the board, and Helen Yeliseyeva, Sergey Kuzmenko and Gleb Malygin appointed instead.…Details
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The Cabinet of Ministers has given Lvivugol 8 million UAH for modernization of its mines. “That is the first time such money has been received for the last couple of years”, said Lviv regional state administration head deputy Rostislav Zamlynsky. According to Lvivugol CEO Andrei Dyachenko, mining equipment is 80% worn. The money will be…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max February 338 520 269 269 255 513 301 553 March 314 490 280 280 268 569 309 478 * –…Details
In 2015 Ordzhonikidze Mine-Repairing Works received 9.35 million UAH of losses. According to the company statement, its net income went down by 49% YoY, or by 11.95 million UAH, to 12.38 million UAH. The works specializes in the manufacture and repair of metal machinery. (Ukrainian metal)Details
In 2016 Yenakievo Iron and Steel Works intends to produce 2130.5 thousand tons of pig iron, up by 29.28% YoY, or by 482.5 thousand tons. According to the company statement, it also plans to increase sinter output by 20.6%, produce 2290.5 thousand tons of billets, up by 26%, or by 472.5 thousand tons, and 2251.5…Details
The supervisory board of Kremenchuk Steel Works has appointed Victor Samusenko chairman of the board. According to the company statement, Rostislav Dubrov, Andrei Klimenko and Stanislav Tizh (ex-acting chairman) have been reelected members of the board. Previous chairman of the board Dmitry Chernenko was dismissed on January 14. (Ukrainian metal)Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max February 185 277 245 260 245 270 March 188 277 310 325 305 325 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16…Details
In 2015 Zakarpatvtormet received 957 thousand UAH of losses, down by 12.5% YoY, or by 137 thousand UAH. According to the company statement, its net income went up 3.9 times YoY, or by 9.19 million UAH, to 12.39 million UAH. In 2014 Zakarpatvtormet received 1.09 million UAH of losses. (Ukrainian metal)Details
Russian Vnesheconombank is actively looking for buyers of the Industrial Union of Donbass Corporation (ISD). ISD comprises of Dneprovsky Iron and Steel Works named after Dzerzhinsky, Alchevsk Iron and Steel Works and Alchevsk By-Product Coke Works, as well as ISD Dunaferr (Hungary) and ISD Huta Chestochowa (Poland). In 2015 Ukrainian ISD works received 24.8 billion…Details
In 2015 Nikolaev Alumina Works produced 1.48 million tons of alumina, up by 1.8% YoY. According to the company statement, its main goal last year was to optimize the prime cost of alumina to reach competitiveness under unstable aluminum and energy resources prices. The prime cost was decreased by 17% YoY. (Ukrainian metal)Details
In April Zaporizhstal noted a growth gain in pig iron production by 3.7%, in steel production – by 2.9%, in rolled stock – by 9.7% as compared with the same period of 2015. In April the company produced 269 thousand tons of pig iron, 301.7 thousand tons of steel and 272.9 thousand tons of rolled…Details
Mechel, one of Russia’s leading mining and steel companies, reports its intention to restructure 17, 18 and 19 series of bonds. The company intends to offer holders of 17-series bonds (State registration number 4-17-55005-E dated 10.08.2010), 18-series bonds (state registration number 4-18-55005-E dated 10.08.2010) and 19-series bonds (state registration number 4-19-55005-E dated 10.08.2010) to introduce…Details