Interpipe could return to the Russian steel pipes market if the Rouble gets stronger and the prices increase.
In January-October Mariupol Ilyich Iron and Steel Works produced 2.02 million tons of rolled metal, down by 28.2% YoY.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.528* min max August 297.24 297.24 September 261.80 261.80 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.09.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
Dneprospetsstal supervisory board has extended the term of office of its acting chairman Vitaly Kornievsky for 3 months.
Interpipe sees another rise of railroad tariffs as critical.
In 2014-2015 the largest Ukrainian private mining-metallurgical group Metinvest went through the hoops of military activities in the East, but it still carries on modernization of its companies and lends a helping hand in rebuilding the destroyed infrastructure of the region.
The chairman of the Independent trade union of the miners of Ukraine Mikhail Volynets believes the labor safety level in the coal industry is rapidly falling, and could lead to increase of the fatal accidents at mines.
The Supervisory board of Artemovsk Non-Ferrous Processing Works (AZOTSM, Donetsk region) has dismissed Igor Shutov from the office of the chairman of the board and appointed Vitaly Malykhin instead.
Month Russian market, $/t, EXW, without VAT, $1/RUR66.237* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.528* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max August 29.43 35.44 32.28 37.39 40.00 60.00 50.00 65.00 September 31.73 37.74 30.19 33.29 40.00 60.00 50.00 60.00 * -…Details
Fitch Ratings has affirmed Interpipe’s long-term issuer default rating (IDR) at ‘RD’ (Restricted Default), Fitch said in a press release.
Shareholders of the Artemovsk Non-Ferrous Metals Processing Works (Donetsk regions) have dismissed Vadim Shpakovsky from the office of the chairman of the supervisor board, and appointed Roman Kipot instead.
Zaporozhye Titanium and Magnesium Works, a part of Group DF, has announced a tender for delivery of 8.37 million cubic meters of natural gas in 2016.