ArcelorMittal Kriviy Rih started producing a new type of metal products according to NAN – die-rolled section No. 10 rebar with square core. In the near future the company plans to start producing such rebars of No. 8 and 12 sections. AMKR wire shop has already produced 1 thousand tons of square rebars. (Ukrainian metal)Details
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Month Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max min max March 283 2154 376 376 April 323 2154 376 376 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the…Details
The state enterprise Ukrpromvneshexpertiza believes prices for square billets in June will decrease by 5.5-8.2% MoM, to $335-345 per ton FOB Black Sea. “Prices will drop following the decrease in China. The prices will decrease by $20-30 per ton”, said the company expert Oleg Gnitetsky. According to him, average billet price in May was $365…Details
Energomashspetsstal has concluded an agreement to produce and supply 15 billets to JKZ Bucovice. According to the company statement, EMSS will produce forged plates and rods and supply them in Q3. The total weight of the lot after mechanical treatment will be 172.53 tons. The billets will be used to produce die tooling. (Ukrainian metal)Details
Ukrainian Mining and Metallurgical Company has opened a metal supermarket in Dnieper (previous name – Dniepropetrovsk). “In order to increase the regional network UGMK has opened another metal supermarket in Dnieper. The site is at Naberezhnaya Zavodskaya, 19d. The first supermarket is on the left bank of the city”, said the company in its statement.…Details
DTEK welcomes the transition to the new technique of calculating the price, where the coal price is linked with the European coal price index (API2). “Still we don’t feel any positive effect of the new technique yet. But the whole idea of bringing Ukrainian price to international market indexes is a correct decision, as the…Details
Kola MMC (Norilsk Nickel affiliate) has started repairs of a section of the gas duct used for off-gas transportation from smelting units of metallurgical shop to sulfuring acid production department of refining shop. It is planned to replace a total of 15 sections of the gas duct with the total length of 293 m. New…Details
Ukraine’s coal industry needs state support in order to prepare for the heating season of 2016-2017. “Without the state support coalminers will have problems this heating season. I think the government will find funds to provide for the difference in product price”, said the minister of energy and coal industry Igor Nasalik. (Ukrainian metal)Details
Month Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max min max March 113 145 142 147 April 124 152 140 145 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the…Details
CEO of DTEK Maxim Timchenko explains the increase in price of the company bonds with the rise of output and the progress in debt restructuring. In Q1 the company was able to reach normal coal output volumes and started paying its debts in late April. (Ukrainian metal)Details
On June 2, Krasnoarmeyskugol mines were cut from water supply for not paying the bills. Miners cannot wash themselves after the work. The total debt of Krasnoarmeyskugol to municipal services, power stations, Pension fund and the city budget is 1.6 billion UAH. Miners also experience problems with salary. They have just been given some money…Details
Kola MMC (a subsidiary of Norilsk Nickel) has pioneered surface laser scanning of the facility under construction. The company uses the latest 3D modelling technologies to implement the largest environmental investment project in the Murmansk region, “Recycling of Salt Effluents from Nickel Refining”. This project involves the construction of the most advanced evaporation plant for…Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max March 281 334 April 311 326 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details