Metinvest-SMC, the Metinvest metal center network, believes rolled metal consumption in 2016 would increase by 2.6% YoY, to 3.35 million tons.
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In January-November Azovstal Iron and Steel Works, a part of Metinvest, produced 2.76 million tons of rolled metal, down by 8.6% YoY.
Ukrstalkonstruktsiya started purchasing rolled metal with double certificates (according to GOST and European standards) from Metinvest, said the company CEO Vladimir Nosov.
On December 1, Russia prohibited to import certain goods from Turkey. And Ukraine could be a winner in this situation, if Turkey implements sanctions in response.
In November Dneprospetsstal for the first time took part in the largest industrial exhibition in France – Midest. Each year the exhibition welcomes some 42 thousand visitors from world metal manufacturers and consumers. This year Midest hosted 1600 companies from 39 countries.
The Central Mining and Processing Works, a part of Metinvest, has finished the planned repairs of the indurating machine at the pelletizing factory.
Soon ArcelorMittal Kriviy Rih employees will file a suit against massive firings in the repair shop.
Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* min max September 497.09 497.09 October 497.09 497.09 * – 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
In October Dneprovsky Iron and Steel Works named after Dzerzhinsky started a unique overhaul – that of sintering machine #12, that was put into operation in 1963.
In January-September Ukrainian metal companies decreased their domestic sales by 21.7% YoY, to 1.96 million tons (13.1% of the total output) from 2.5 million tons (13.3%) in January-September 2014.
Ukraine’s steel production fell by 17% in 11 months, to 21 million tons, mostly due to the military conflict in the east of the country where most of its steel plants are based.
Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* Export, Ukraine, $/t, FOB Black sea ports min max min max min max September 312.08 399.23 325.71 325.71 330.00 330.00 October 312.08 400.00 303.27 303.27 300.00 305.00 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.15…Details
Metinvest supplies iron ore raw materials to Alchevsk Iron and Steel Works and Donetskstal.