Ukrainian Metal
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Metinvest Group states that as of July 20 Ukraine owes its Severniy Mining and Processing Works and Central Mining and Processing Works (both in Kriviy Rih) 529.86 million UAH for VAT-reimbursement.
In the first half year of 2015 Avdiivka Coke and Chemical Works received 89.4 million UAH of losses.
In June Ukraine produced 1830 thousand tons of pig iron, down by 5.3%, or by 102 thousand tons MoM.
Due to the burnout of the blast furnace #1M hearth, Dneprovsky Iron and Steel Works named after F. Dzerzhinsky will decrease its daily output of pig iron.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.015* min max May 201 203 June 201 203 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR55.524* min max May 72 180 June 72 180 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsShareholders of the Artemovsk Non-Ferrous Metals Processing Works (Donetsk region) decided to increase the company authorized capital stock by 118.75 million UAH, to 338.75 million UAH.
In June Nikopol Ferroalloy Plant (NZF, the largest ferroalloys manufacturer in Ukraine) produced 1.6 thousand tons of ferromanganese, up 5.3 times, or by 1.3 thousand tons MoM.
Ukraine has blocked the transit of Russian anthracite to Moldova consumers through Odessa.
In January-June Severniy Mining and Processing Works (SevGOK) received 486.9 million UAH of losses.
In June Ukraine produced 1788 thousand tons of rolled metal, down by 3.5%, or by 65 thousand tons MoM.
Russian export prices are down by $5.
Ukrainian and Russian export prices are up by $5-10.