Ukraine: half of Metinvest shareholders create special committee
Holders of over 50% of Metinvest shares with maturity in 2016-2018 have created a special committee.
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Ukraine: DTEK Pridneprovskaya TPS received its first anthracite batch
On September 24-25, DTEK Pridneprovskaya Thermal Power Station received its first 300 railroad cars of anthracite – 20 thousand tons. The company tries to do its best to start the heating season in Dniepropetrovsk in time.
Metals of Ukraine & Russia: silicomanganese, August 2015
Month Russian market, $/t, DDP, without VAT, $1/RUR66.478* Ukrainian market, $/t, without VAT, DDP, $1/UAH21.185* min max min max July 859.25 1007.73 833.91 870.96 August 859.25 1007.73 833.91 870.96 * – 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…
DetailsUkraine: AMKR to raise wages
Starting with October 1, ArcelorMittal Kriviy Rih increases wages and tariffs for its employees by 8%.
Ukraine: scrap exports to be stopped altogether
Ukraine’s Prime-Minister Arseny Yatsenyuk has ordered the minister for economic development and trade Aivaras Abromavichus to deal with the metal scrap deficiency.
Metals of Ukraine & Russia: steelmaking pig iron, July 2015
Month Russian market, $/t, EXW, without VAT, $1/RUR58.991* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max June 211.90 257.67 227.45 277.04 275.00 285.00 275.00 285.00 July 232.68 257.67 233.11 282.94 240.00 245.00 240.00 270.00…
DetailsUkraine: UMCC to supply ilmenite concentrate to ZTMK
The State Enterprise United Mining and Chemical Company, operating Volnogorsk Mining and Metallurgical Complex (VGMK) and Irshansk Mining and Processing Works (IGOK), has won a tender to supply ilmenite concentrate to Zaporozhye Titanium and Magnesium Works (ZTMK).
Metals of Ukraine & Russia: foundry pig iron, July 2015
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* min max June 296.08 296.08 July 296.08 296.08 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsUkraine: VostGOK to increase uranium concentrate output in 2015
Vostochny Mining and Processing Works (VostGOK) plans to produce 1.2 thousand tons of uranium concentrate in 2015, up by 29.6% YoY.
Metals of Ukraine & Russia: round billets (ordinary steel), July 2015
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* min max June 408.61 433.40 July 378.81 388.76 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsUkraine: Volnogorsk GOK pipes purchase cancelled
The Center for corruption resistance has stopped the tender for Volnogorsk Mining and Processing Works purchase of pipes.
Metals of Ukraine & Russia: round billets (structural steel), July 2015
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* min max June 433.40 433.40 July 378.81 378.81 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsUkraine: a lawsuit gave out news about AMKR deal
In December 2014 the supervisory board of ArcelorMittal Kriviy Rih sanctioned two volume-identical contracts with ArcelorMittal International Luxembourg SA. Each presupposed the sale of 1.2 million tons of metal products worth 600 million UAH. Thus the total cost of the deal reached 1.2 billion UAH.