Alchevsk Iron and Steel Works owes 300 million UAH for electricity consumed.
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In January-August Zaporozhye Titanium and Magnesium Works produced 5471.4 tons of spongy titanium, up by 32.6%, or by 1346 tons YoY.
Corum Group has completed a pilot project of modernization and repairs of the ball mill 5.5×6.5 for the Stoylenski Mining and Processing Works (Russia).
Month Russian market, $/t, EXW, without VAT, $1/RUR66.478* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.185* Export, Ukraine, $/t, FOB Black sea ports min max min max min max July 302.21 386.59 381.21 381.21 350.00 360.00 August 302.21 386.59 374.88 374.88 360.00 360.00 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.08.15…Details
ArcelorMittal Kriviy Rih is experiencing difficulties with ferrous metal scrap supplies.
Zaporizhstal has faced difficulties with its project of the new converter shop construction due to its inability to access foreign financial markets.
Month Russian market, $/t, EXW, without VAT, $1/RUR66.478* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.185* min max min max July 302.21 445.26 381.21 381.21 August 302.21 445.26 374.88 374.88 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.08.15 according to the National Bank of Ukraine and the Central Bank of the…Details
Dneprovsky Iron and Steel Works named after F. Dzerzhinsky plans to have repaired its blast furnace #12 by December.
Implementation of scrap metal export duties could be a compromise between metallurgists and scrap procurers, says Metinvest CEO Yuri Ryzhenkov.
The state owes Metinvest Group some 2 billion UAH of VAT reimbursement.
Group DF has invested 19.5 million UAH into the construction of the titanium sponge averaging machine at the Zaporozhye Titanium and Magnesium Works. The machine allows automatically controlling the process of different fraction sponge mixing and increasing the chemical composition homogeneity of the products.
DTEK continues to prepare its thermal power stations for winter and notes that anthracite deliveries from the ATO zone are still limited due to the lack of empty cars.
In 2015 Zaporizhstal plans to increase its net profit 2.2 times, to $150 million.