The Verkhovnaya Rada of Ukraine has received a decree to implement changes to Article 4 of the Ukrainian Decree “On metal scrap”.
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In January-November Ukraine exported $7508.34 million worth of ferrous metals, down by 38% YoY.
In January-September Metinvest revenues decreased by 36% YoY, to $5.39 billion.
The supervisory board of Artemovsk Non-Ferrous Metals Processing Works has dismissed a board member and the first chairman deputy Alexander Stephan from his office and appointed Tatiana Khakhaleva instead.
Semi-conductors Works (Zaporozhye, the manufacturer of the monocrystalline silicon) has dismissed its general director Yuri Rekov from office.
Zaporozhye Ferro Alloys Plant has left only one furnace operating in its shop #1.
Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* min max min max September 312.08 459.81 325.71 325.71 October 312.08 459.81 303.27 303.27 * – 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…Details
Metinvest wants to enter CIS and Eastern European markets.
The price of South African coal is $65 per ton CIF Odessa. Together with port fees and transportation expenses it reaches $80 per ton (or 1920 UAH per ton), which is higher than 1100-1600 UAH per ton that Centrenergo used to pay for coal from Russia or the terrorists-controlled Donbass.
Metinvest plans to supply 150 tons of special section #19 to DTEK Pavlogradugol.
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 Export, Russia, $/t, FOB Black sea ports min max min max min max min max September 356.50 646.22 354.96 375.31 295.00 305.00 295.00 320.00 October 356.50 646.22 318.97 354.22 270.00 290.00 280.00 310.00…Details
Ingulets Mining and Processing Works has completed the capital repairs of the section #13 in the main processing building #2.
Velta (Dniepropetrovsk) has decided to resume the operation of its ore sands and ilmenite mining and processing works in Kirovograd region.