Ukraine: UAH devaluation to affect scrap procurement
The state enterprise Ukrpromvneshexpertisa believes the UAH devaluation will have a negative effect on the local ferrous metals procurement.
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The state enterprise Ukrpromvneshexpertisa believes the UAH devaluation will have a negative effect on the local ferrous metals procurement.
The State Security Service has stopped a railroad car with scrap metal heading to the occupied territory via Konstaninovka station.
A major dismissal of employees is planned at Khartsyzsk Pipe Works, a part of Metinvest.
In 2015 Mariupol Ilyich Iron and Steel Works and Azovstal offered 92 new types of products to their clients.
ArcelorMittal Kriviy Rih, the largest mining and metallurgical company of Ukraine, became the leader of the exporters. The rating was compiled by Forbes Ukraine on the basis of H1 2015 results.
In 2015 Ukraine exported 1.7 million tons of steel to Russia, down by 28.5% YoY and almost twice to 2011-2013.
In 2015 Dneprometiz received 60.86 million UAH of losses.
Ukrzaliznytsia (Ukrainian railways) plans to export scrap metal and asks the Ministry of infrastructure to help.
The Ministry of economic development and trade wasn’t able to come to terms with metal companies as to scrap procurement and export in 2016.
Mariupol Ilyich Iron and Steel Works and Azovstal started producing hot-rolled plate of structural weatherproof steel according to EN 10025-5.
Zaporizhstal has started exporting its products via Zaporozhye river port.
Metallurgprom and Federation of Metallurgists of Ukraine have addressed the deputies to support the decrees on increasing ferrous scrap export duty from 10 euro per ton to 35 euro for 3 years and cancel the 5% import duty.
Energomashspetsstal has concluded a contract with Russkiye Kuzhnecniye Zavody for the supply of forgings.