Magnitogorsk Iron and Steel Works announced that a meeting of the MMK Board of Directors was held on April 22.
In March Ukraine produced 1891 thousand tons of rolled metal, up by 10.3% MoM, or by 176 thousand tons.
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* min max February 365 549 March 341 490 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
Total closing of state mines is out of question, says the new minister of energy and coal industry of Ukraine Igor Nasalik.
In January-March Severniy Mining and Processing Works received 228.9 million UAH of profits, while in the corresponding period of last year it received 875.55 million UAH of losses.
The supervisory board of Poltava Mining and Processing Works has reelected the management board.
ArcelorMittal Kriviy Rih has finished capital repairs of the heating furnace of the 250-3 mill in the section-rolling shop #1.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max February 185 277 March 188 277 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
In March Ukraine produced 2174 thousand tons of steel, up by 10.3% MoM, or by 203 thousand tons.
Zaporizhstal has started assembling gas-purifying equipment on its sintering machine #5.
In 2015 Donetsk Electrometallurgical Plant received 768.91 million UAH of losses.
Shareholders of Velikoanadolskiy Refractory Works have changed 2 members of the supervisory board.