Ukrainian Metal
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In January-June Ukraine exported 739.18 thousand tons of ferrous metals scrap, up by 56.7% or 59.4% YoY, depending on the source. Thus the Customs service states 471.68 thousand tons of scrap exports in January-June 2014, while the State Statistics claim it was 463.59 thousand tons.
At night from July 11 to 12 Avdiivka Coke and Chemical Plant, a part of the Metinvest Group, was massively shelled once again. Two employees were injured.
ArcelorMittal Kriviy Rih has opened a metal warehouse in Kharkiv.
Ukraine’s coal extraction in June decreased by 44.3% YoY to 3.51 million tons, down from 6.3 million tons in June 2014, but up from 3.24 million tons produced in May, an energy and coal industry ministry official said.
In June Yuzhny Mining and Processing Works (UGOK) produced 988.3 thousand tons of concentrate, up by 5% YoY.
In January-June Dneprospetsstal (Zaporozhye) produced 79.52 thousand tons of rolled metal, down by 10.2% YoY.
In January-June Ukraine exported 3721.14 thousand tons of carbon steel semi-finished products worth $1341.28 million, down by 31.7% and 48.7% YoY respectively.
Spot prices for iron ore fines crossed $50 per ton in China (CFR) on July 7, having declined 24% since mid-June to $49.6, Concorde Capital informed clients in an online advisory.
Ukraine to produce 2.2 million tons of steel in August, Metallurgprom said.
Ukrainian export prices are up by $25-30, Russian – by $15-20.
In January-June Interpipe Steel produced 290 thousand tons of steel, down by 38.4% YoY.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.047* min max April 248.20 248.20 May 252.28 252.28 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsIn January-June Ukrainian mining companies exported 23112.35 thousand tons of iron ore raw materials worth $1138.06 million, up by 17.9% and down by 40% YoY respectively.