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
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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
In April Azovstal Iron and Steel Works received the most VAT among other metal and mining companies – 389.9 million UAH. According to the State Treasury, then came Mariupol Ilyich Iron and Steel Works (235.1 million UAH), followed by Zaporizhstal (189.7 million UAH). Evraz Sukhaya Balka received 86.9 million UAH, UGOK – 85.9 million, Interpipe…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 108 140 141 151 March 108 138 136 141 * – 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…Details
The Ministry of energy and coal industry intends to have presented a plan on coal deliveries from Donbass in 2-3 weeks. “We need such a financing procedure, which will make it clear where the money goes. That’s without VAT. We’re working on the mechanism”, said the ministry head Igor Nasalik. (Ukrainian metal)Details
Shareholders of Krasnodonugol have recalled Metinvest B.V. from the supervisory board. Instead they have elected Metinvest Holding CEO Yuri Ryzhenkov, metal division director Alexander Pogozhev, acting financial director Julia Dankova, legal director Svetlana Romanova and financial control director Olga Khazimova. All of them have been elected for 3 years. (Ukrainian metal)Details