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Almost all Ukrainian iron and steel works are suffering from scrap shortage. According to Derzhzovnishinform, in April they received 150 thousand tons of scrap, or 97% of the needs. Stocks haven’t changed much and total 35 thousand tons. In early May scrap prices were on the level of $269-271 per ton FOB. Last year scrap…
DetailsIn January-April Ukraine imported $463.92 million worth of coal, including $106.65 million in April. According to the State Fiscal Service, Russia supplied $287.41 million worth of coal, USA – $62.38 million, Australia – $35.68 million, while other countries supplied $78.44 million worth of coal. The total imports of the coal reached 5350.46 thousand tons. At…
DetailsIn January-April Ukraine imported 342.58 thousand tons of coke, down by 62% YoY, valued at $50.73 million, down by 70.07%. The main suppliers were Poland (62.21%) and Russia (34.57%). According to the State Fiscal Service, Ukraine increased coke exports by 26.5% YoY, to 69.76 thousand tons, valued at $8.52 million, down by 13.4% YoY. The…
DetailsIn April Zaporizhstal decreased natural gas consumption to 12 million cubic meters. The April record was the result of hundreds of energy efficiency measures taken at the company. “But we are not going to stop. Our goal this year is to reach natural gas consumption on the level of 10 million cubic meters per month”,…
DetailsIn January-April Ukraine exported 698 thousand tons of steel-smelting pig iron, up by 19.2% YoY. According to the State Fiscal Service, pig iron exports brought Ukraine $120.04 million UAH, down by 27.4% YoY. Most exports went to Turkey (29.74%), USA (26.67%) and Italy (20.54%). (Ukrainian metal)
DetailsOn May 12, ArcelorMittal Kryviy Rih hosted the international scientific-production conference of blast furnace operators “PCI in Blast Furnace Process: commissioning experience and solving issues”. The representatives of major steel companies, unions and holdings of Ukraine as well as representatives of Ukrainian and international companies and scientific-project organizations took part in it. The participants of…
DetailsMetalloinvest has signed a RUB 6.8 billion agreement to ship iron ore concentrate of the highest grade with iron content of up to 69.5% to Industrial and Steelmaking Holding (ISH). Prices take into account changes in market conditions. In 2016, Metalloinvest started sales of high-grade products with a low silica content and increased iron content.…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 285 578 284 338 March 298 507 290 311 * – 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…
DetailsAs part of the International Surface Finishing, Electroplating and Coating Exhibition in China, SF EXPO CHINA Chongqing 2016, Norilsk Nickel won the nomination The Best Overseas Brand of Material for Plating. The jury, which selected the winners in nominations, included the organizers of the exhibition as well as representatives of two national industry associations and their…
DetailsSupervisory board of Evraz Yuzhkoks has elected Alexander Rybalko its chairman. According to the company statement, Rybalko has been elected for 1 year and is the representative of Palmrose B.V. (the Netherlands). In 2015 the company received 23127 million UAH of net profits, up 2.4 times YoY, or by 134.03 million UAH, having increased its…
DetailsArcelorMittal Kriviy Rih plans to invest around $190 million into its development in 2016. “Our goal is $190 million. We shall see if we can do it this year”, said the company CEO Paramjit Kahlon. Last year AMKR invested 5.17 billion UAH into development. The money was spent on the construction of pulverized coal injection…
DetailsMonth Russian market, $/t, FCA, without VAT, $1/RUR67.6076* min max February 59 131 March 59 141 * – 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 Russian Federation. (Ukrainian Metal)
DetailsSupervisory board of Makeevka By-Product and Coke Plant has dismissed Sergey Medyantsev and appointed Igor Nadich as the chairman instead. According to the company statement, Medyantsev office has expired. Nadich has been appointed till April 25, 2017. He used to work as the assets management director and was supervisory board member. (Ukrainian metal)
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