On December 1, Metinvest signed a standstill with the group of its creditors on pre-export financing till February 2016.
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In January-November Ukraine imported $1509.52 million worth of coal (black coal and anthracite), with $136.52 in November.
Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max September 15.53 19.42 20.74 25.47 35.00 40.00 40.00 45.00 October 15.53 19.42 18.92 23.83 35.00 40.00 40.00 45.00 * -…Details
Lvivugol has sent 15 million UAH to pay October salary to its miners.
In January-November Yenakievo Iron and Steel Works, situated in the Russia-supported terrorist-occupied zone, produced 1.64 million tons of rolled metal, down by 10.5% YoY.
Dneprometiz has put a new line of low-carbon 0.6-1.2 mm diameter wire wet drawing line into operation. The line was created according to Dneprometiz technical order on the basis of the SKET UDZWGT-320/11 wet drawing shop.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* min max September 246.07 246.07 October 229.83 229.83 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
In January-November Ukraine increased ferrous scrap exports by 40.4% or by 43% YoY (depending on the comparison base).
The Verkhovnaya Rada of Ukraine has received a decree to implement changes to Article 4 of the Ukrainian Decree “On metal scrap”.
In January-November Ukraine exported $7508.34 million worth of ferrous metals, down by 38% YoY.
In January-September Metinvest revenues decreased by 36% YoY, to $5.39 billion.
The supervisory board of Artemovsk Non-Ferrous Metals Processing Works has dismissed a board member and the first chairman deputy Alexander Stephan from his office and appointed Tatiana Khakhaleva instead.
Semi-conductors Works (Zaporozhye, the manufacturer of the monocrystalline silicon) has dismissed its general director Yuri Rekov from office.