Ukraine: VAT reimbursement in February 2016
In February ArcelorMittal Kriviy Rih received the most VAT reimbursement among metal and mining companies – 1.18 billion UAH.
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Ukraine: ZTMK output up in 2015
In 2015 Zaporozhye Titanium and Magnesium Works produced 7.7 thousand tons of spongy titanium, up by 7% YoY.
Ukraine: DSS losses down in 2015
In 2015 Dneprospetsstal decreased its net losses by 19.8% YoY, to 706.57 million UAH.
Metals of Ukraine & Russia: scrap (grade 3a), January 2016
Month Russian market, $/t, EXW, without VAT, $1/RUR75.172* min max December 53 110 January 53 110 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.01.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsUkraine: Zaporizhstal output up in January-February 2016
In January-February Zaporizhstal produced 584.7 thousand tons of rolled metal, up by 3.7% YoY.
Ukraine: Metinvest case against Alchevsk Works resumed
The Commercial court of Kiev has renewed the case of Metinvest Holding against Alchevsk Iron and Steel Works for the recovery of 5.82 billion UAH.
Ukraine: metal output in February 2016
In February Ukraine produced 1.97 million tons of steel, up by 1.7% MoM.
Metals of Ukraine & Russia: angles (ordinary steel), January 2016
Month Russian market, $/t, EXW, without VAT, $1/RUR75.172* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.152* min max min max December 298.25 497.92 295.85 363.75 January 256.70 497.92 283.95 366.46 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.01.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsUkraine: the new scrap balance violates the law
The Ministry of economical development and trade has approved of the 2016 ferrous scrap balance with legislation violations, Metallurgprom and Federation of Ukrainian Metallurgists believe.
Ukraine: the country to turn into scrap exporter
Ukraine’s government doesn’t think about national economical interests, and the country could turn into a scrap exporter, by disassembling its own works, said Zaporizhstal CEO Rostislav Shurma.
Ukraine: Ilyich enraged by scrap shortage
In January-February Mariupol Ilyich Iron and Steel Works lacked ferrous scrap and had to substitute it with more expensive pig iron, thus decreasing its metal competitiveness.
Ukraine: coal stocks down
As of February 29, anthracite coal stocks at thermal power stations decreased from 885.8 thousand tons a week before to 862.3 thousand tons.
Ukraine: Selidovugol cries our for help
Representatives of the state enterprise Selidovugol held a meeting with the head of the Ministry of energy and coal industry Vladimir Demchishyn to discuss the difficult situation in the company.