In 2015 ArcelorMittal Kriviy Rih decreased metal sales in Ukraine to 0.5 million tons.
In 2015 ferrous scrap procurement in Ukraine fell to 4.3 million tons, down by 1 million tons, or by 19% YoY.
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.
In January Poltava Mining and Processing Works received the largest VAT reimbursement – 720.8 million UAH – among mining and metallurgical companies.
Lvivugol miners received a part of the January salary. The company got money for the coal supplied to the thermal power stations.
Month Russian market, $/t, EXW, without VAT, $1/RUR72.883* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.001* min max min max November 269.61 1901.69 392.78 392.78 December 270.43 1901.69 381.20 381.20 * – 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
Resuming electricity exports will help both state and private coal companies to work steadily and keep their employees.
In January the Ministry of energy and coal industry received 50 million UAH to clear salary debts to miners. This month it plans to get 180 million UAH more.