Ukraine is on the brink of all the metal companies halt, after that currency revenues will fall, while unemployment will increase. This is stated in the letter to Prime Minister Arseny Yatsenyuk, signed by directors of the 12 major metal and mining companies.
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The Ministry of energy and coal industry has made a decree “On the market of coal products” targeting the rules of trade on the coal market within the stages of power sphere privatization and creating the clear market of coal.
Month Russian market, $/t, EXW, without VAT, $1/RUR72.883* min max November 439.06 439.06 December 439.06 439.06 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.12.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
In 2015 Ukraine decreased coal imports from Russia by 69%, while increasing them from the South African Republic by 139%.
Month Russian market, $/t, EXW, without VAT, $1/RUR72.883* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.001* min max min max November 275.10 374.57 272.05 304.53 December 275.92 374.57 259.56 302.17 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.12.15 according to the National Bank of Ukraine and the Central Bank of the…Details
In January Yuzhny Mining and Processing Works decreased concentrate output by 3.5% YoY, to 927.6 thousand tons.
In 2015 ArcelorMittal Kriviy Rih decreased metal sales in Ukraine to 0.5 million tons.
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Month Russian market, $/t, EXW, without VAT, $1/RUR72.883* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max November 378.69 579.01 521.00 561.00 513.00 658.00 December 378.69 579.01 521.00 561.00 513.00 658.00 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.12.15 according to…Details
Verkhovnaya Rada will review the decree of changes into some Ukrainian laws as to the decrease of ferrous scrap deficiency on the local market in order to meet defense industry demands and restore infrastructure.
Month Russian market, $/t, EXW, without VAT, $1/RUR72.883* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.001* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max November 361.97 533.94 352.52 420.70 315.00 315.00 325.00 325.00 December 361.97 533.94 349.78 406.27 315.00 315.00 320.00 325.00…Details
In 2015 Ukraine exported 3.1 million tons of rolled metal, down by 15.3% YoY, and earned $6.4 billion, down by 39% YoY.
In 2015 Ukrainian metal makers increased their losses by 31.6% YoY, or by 7.5 billion UAH, to 31.2 billion UAH.