In 2017 Zaporizhstal plans to increase pig iron output by 7-8%, and that of steel and rolled metal – by 3-4% YoY. “I hope we manage to put the blast furnace No.3 into operation in time and increase output”, the company CEO Rostislav Shurma said. According to him, it’s difficult to forecast financial results, as…
DetailsIn November Mariupol Ilyich Iron and Steel Works received the most VAT among mining and metallurgical companies – 323 million UAH. According to the State Treasury, the top three also included Dneprovsky Iron and Steel Works (306.1 million UAH) and Zaporizhstal (169 million UAH). They were followed by Dneprospetsstal (136.1 million UAH), Nikolaev Alumina Works…
DetailsIn January-October raw nickel output in Russia decreased by 14.8% YoY. According to the Federal Service of State Statistics, in October raw nickel output dropped by 29.4% YoY, but increased by 9.2% MoM. (Ukrainian metal)
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max min max September 412 804 387 406 October 413 804 408 436 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsThe Eurasian Economic Committee has resumed the 26.35% import duty on ferrosilicomanganese from Ukraine. “We asked the ministers not to take this decision. But they decided to renew the duty”, Association of Ukrainian Ferroalloy Producers Sergey Kudryavtsev said. The import duty was temporarily stopped on July 1. (Ukrainian metal)
DetailsIndustrial output in Latvia is getting expensive due to the increase of taxes and duties. As the result Severstal Distribution decreased output. The company employs 260 people, with a third part working in the manufacture. Salary expenses amount to 1720 euro on average for 1 worker, with 4 thousand euro more per month spent on…
DetailsMonth Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max September 340 340 October 306 306 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal) Dear colleagues! From 2017 the monthly metal price monitoring…
DetailsPervouralsky New Pipe Works (a part of ChTPZ) has delivered 132 tons of casing pipes with the ChT-VC joints to the oil deposits of Orenburg region. According to the customer’s demands the pipes were produced of R110 grade steel. The main consumers of such pipes are Surgutneftegaz, Rosneft, Lukoil, etc. ChT-VC joint was designed and…
DetailsAvdiivka Coke and Chemical Works receives electricity via 1 line only. “The promised ceasefire regime has been broken by both sides. DTEK repairmen have been shelled and had to evacuate”, the company CEO Musa Magomedov said. He hopes the repair crew will be able to visit the site and restore electricity supplies. Earlier the works…
DetailsAzovstal has halted its blast furnace No. 2 for capital repairs valued at 60 million UAH. According to the company statement, the overhaul is expected to be completed by December 30. (Ukrainian metal)
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