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After the news of the rebar prices fall at Turkish ports and due to the low demand in February 15-19, semi-finished products prices fell by $5-7 per ton and now don’t exceed $260 pet ton CIF. Some manufacturers have decreased their prices for late February deliveries to $257 per ton CIF.
The State Geology Service has given ArcelorMittal Kriviy Rih time till March 3, to redress violation of mineral legislation as to the usage of minerals at Novokrivorozhskoye deposits.
Smart-Holding has appointed Sergey Glazunov CEO of its oil and gas division Smart Energy.
In December 2015 Donetskkoks started to shut down its capacities. Yenakievo By-product Coke Works is working at 80% of its capacities, while Avdiivka Coke and Chemical Works – at 94%.
The major Ukrainian ore companies intend to increase ore output in 2016.
Corum Group sees Kazakhstan, Belarus, Russia, Poland and Vietnam as its priority markets.
In January Ukraine produced 66.7 thousand tons of ferroalloys, up by 17.2%, MoM, or by 9.8 thousand tons.
The state enterprise Vostochny Mining and Processing Works intends to come to terms with BDO Ltd to have its 2015 financial statements audit performed.
In January Ukraine produced 1090 thousand tons of 6% moisture bulk coke, up by 5.4% MoM, or by 56 thousand tons.
Metinvest is pondering the way to resume operation at Khartsyzsk Pipe Works if the logistic situation in the region is normalized.
The National joint-stock company Nadra Ukrainy intends to find an investor to finance prospector works at Krasnorechensk and Paromovsk ilmenite deposits in Zhitomir region.
In 2016 Zaporizhstal plans to deliver some 700 thousand tons of metal via Zaporozhye river port.
In January Ukraine produced 1689 thousand tons of rolled metal, up by 1.3% MoM, or by 22 thousand tons.