Ukraine: scrap price to fall in 2016
Ukrpromvneshexpertisa believes ferrous metals scrap prices on the local market will fall by 18.26% YoY, or by 670 UAH, to 3 thousand UAH per ton.
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Ukrpromvneshexpertisa believes ferrous metals scrap prices on the local market will fall by 18.26% YoY, or by 670 UAH, to 3 thousand UAH per ton.
In November 2015 Metinvest received a negative EBITDA of $4 million, while in October 2015 the result was a positive $2 million.
Bondary and Dmitrovka villagers have allowed the Bilanovsky Mining and Processing Works to start mine workings at the Bilanovskoye ferruginous quartzite deposits.
The Ukrainian Stock Exchange has excluded Azovstal Iron and Steel Works, Mariupol Ilyich Iron and Steel Works and Severny Mining and Processing Works shares from the second level of listing and moved them into the exchange list.
Vostochny Mining and Processing Works will buy 33 types of bearings worth 1.69 million UAH from Podshipniksbyt Ltd.
The Commercial Court of the Zaporozhye region has ordered Zaporozhye Ferro Alloys Plant to pay 113.28 million UAH to the energy company Zaporozhyeoblenergo. The works has to make this payment till April.
The largest coke producer in Ukraine – Avdiivka Coke and Chemical Works – has put a new dust extraction system into operation that will allow it to extract up to 99% of dust at the coke crushing area of the coking plant #1.
Lviv region council is preparing a rough address to the Cabinet of Ministers and the Ministry of energy and coal industry as to the clearing of November-December 2015 salary debts to miners.
Krivoy Rog Iron Ore Industrial Complex has won the case against Mariupol Ilyich Iron and Steel Works as to the recovery of 1032.9 million UAH for the iron ore supplied (together with fines).
Poltava region council held a meeting on ecology tax payments.
Energomashspetsstal will produce forgings for Chelyabinsk Forge-and-Press Works (Russia).
In December 2015 Ukraine produced 56.9 thousand tons of ferroalloys, down by 16.6% MoM, or by 11.3 thousand tons.
In 2015 Ukraine exported 45.7 million tons of iron ore raw materials, up by 11.8% YoY.