Velta (Dniepropetrovsk) has decided to resume the operation of its ore sands and ilmenite mining and processing works in Kirovograd region.
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By 2016 Zaporizhstal plans to ship some 700 thousand tons of metal via the Zaporozhye river port.
Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* Export, Russia, $/t, DAP Russian border min max min max min max September 138.23 152.84 173.37 179.19 170.00 180.00 October 130.46 148.36 160.45 169.55 170.00 180.00 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.15 according…Details
The supervisory board of Zakarpatvtormet (Uzhgorod) has appointed Alexander Alyanoy the chairman of the board, dismissing the acting chairman Vasily Yurichko.
The supervisory board of Ukrvtorchermet (Kiev) has appointed Natalia Gorelova the chairman of the board and CEO and dismissed the acting chairman/CEO Vladimir Prilipko.
Metinvest reports the Cabinet of Ministers plans to have a meeting with metal companies on the mining-metallurgical industry problems.
Non-reimbursement of VAT to exporters serves as an indirect exports tax in Ukraine.
Ukraine has enough coal for 45-50 days, says the minister for energy and coal industry Vladimir Demchyshin, and soon imported coal would arrive that would stabilize the situation.
Centravis Production Ukraine increases efficiency and productivity despite negative trends on the market.
In January-November Yuzhny Mining and Processing Works produced 10.48 million tons of iron ore concentrate, up by 2.5% YoY.
Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* min max September 475.35 566.08 October 475.35 610.74 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
Yuzhny Mining and Processing Works has purchased a new watering machine (giant) on the basis of BelAZ 45-ton truck for 8 million UAH.
Co-owner of the Privat group Igor Kolomoisky believes there are three ways the High Court of Justice could take in the matter of Krivoy Rog Iron Ore Industrial Complex.