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Month Russian market, $/t, EXW, without VAT, $1/RUR75.172* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.152* min max min max December 298.25 497.92 295.85 363.75 January 256.70 497.92 283.95 366.46 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.01.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsThe Ministry of economical development and trade has approved of the 2016 ferrous scrap balance with legislation violations, Metallurgprom and Federation of Ukrainian Metallurgists believe.
Ukraine’s government doesn’t think about national economical interests, and the country could turn into a scrap exporter, by disassembling its own works, said Zaporizhstal CEO Rostislav Shurma.
In January-February Mariupol Ilyich Iron and Steel Works lacked ferrous scrap and had to substitute it with more expensive pig iron, thus decreasing its metal competitiveness.
As of February 29, anthracite coal stocks at thermal power stations decreased from 885.8 thousand tons a week before to 862.3 thousand tons.
Representatives of the state enterprise Selidovugol held a meeting with the head of the Ministry of energy and coal industry Vladimir Demchishyn to discuss the difficult situation in the company.
Month Russian market, $/t, EXW, without VAT, $1/RUR75.172* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.152* min max min max December 337.92 337.92 339.44 339.44 January 326.65 326.65 322.80 322.80 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.01.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsZaporizhstal has stopped its blast furnace #5 for capital repairs for 45 days.
In 2015 Metinvest was the largest taxpayer among industrial companies. It paid 8.2 billion UAH of taxes.
Two of the Heavy Weight Drill Pipe Works employees were hurt while doing checks at the electric-arc furnace.
Month Russian market, $/t, EXW, without VAT, $1/RUR75.172* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.152* min max min max December 243.57 363.17 241.91 263.92 January 227.74 345.87 242.25 257.60 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.01.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn 2015 Dneprovsky Iron and Steel Works named after Dzerzhinsky received 1.39 billion UAH of pre-tax losses.
Metallurgprom has asked the Prime-Minister Arseny Yatsenyuk and the Ministry of economical development and trade to help in limiting ferrous scrap exports as the local market suffers from its shortage.