Ukraine: mines store 400 thousand tons of coal
Additional stocks of coal at mines total 400 thousand tons, said the fuel and energy minister Vladimir Demchyshin.
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Metals of Ukraine & Russia: bars (structural steel), July 2015
Month Russian market, $/t, EXW, without VAT, $1/RUR58.991* min max June 542.46 542.46 July 542.46 542.46 * – 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: Space Heroes mine to give 500 thousand tons of coal
The Space Heroes Mine Group has put a new long face into operation. Its industrial reserves are estimated at 561 thousand tons of coal. It is planned to extract 1900 thousand tons of coal per day from this long face. Thus the reserves would last for a year.
Ukraine: Metinvest CEO refuses to rule out ‘haircut’ in debt restructuring
Metinvest, Ukraine’s largest private mining and steel group, has refused to rule out writing off part of its debt which is to be restructured, Group CEO Yuri Ryzhenkov said.
Ukraine: State Finance Inspection to check ZTMK
The State Finance Inspection of Ukraine is going to check the financial activities of the four companies by the order of the Ministry for economic development and trade.
Metals of Ukraine & Russia: hot-rolled coils, July 2015
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* min max June 321.53 377.84 July 327.41 390.43 * – 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: ISD and AMKR to suffer from sanctions
The Industrial Union of Donbass corporation (ISD) and ArcelorMittal Kriviy Rig are the major clients of the railroad First Cargo Company in Ukraine, affected by sanctions.
Ukraine: steel pipes output down in January-August 2015
In January-August Ukraine produced 568.2 thousand tons of steel pipes, down by 44.4% YoY.
Metals of Ukraine & Russia: hot-rolled sheet, July 2015
Ukrainian export prices are down by $15, Russian – by $10-15.
Ukraine: DTEK Pavlorgadskoye Mine Group puts new long face into operation
Ternovskaya mine has put the new 342 long face into operation with capacity of 220 thousand tons of coal.
Ukraine: Ferrexpo shares down at the news of bank problems
On September 18 the shares of the UK-based mining company Ferrexpo with assets in Ukraine fell at the London Stock Exchange after the news of the company losing access to its money in the Finances and Credits bank in Kiev. The bank is owned by Ferrexpo majority shareholder Konstantin Zhevago.
Metals of Ukraine & Russia: hot-rolled plate, July 2015
Ukrainian export prices are down by $15.
Ukraine: insolvent bank carries Ferrexpo’s $174 million
Ferrexpo had $174 million at the Finances and Credits bank, that had been named insolvent.