Ukraine: pig iron manufacture stopped at Azovstal
Azovstal Iron and Steel Works, a part of Metinvest, has drastically decreased its output and even shut down pig iron manufacture due to the demand and world price fall.
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Beginning with October Interpipe raised salary for its employees by 10%. This is the second salary increase this year. The first was in April. In total wages increased by 20%.
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Ukrainian Polymetals director Konstantin Lesnichy has offered the company creditors to pay all debts in cash in the court of law, if they drop their appeal.
Ukraine: Zaporozhye metal companies to be cut from electricity
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Metals of Ukraine & Russia: reinforcement steel (ordinary steel), September 2015
Month Russian market, $/t, EXW, without VAT, $1/RUR66.237* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.528* Export, Ukraine, $/t, FOB Black sea ports min max min max min max August 303.31 388.00 368.92 368.92 360.00 360.00 September 303.31 388.00 346.53 346.53 330.00 330.00 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.09.15…
DetailsUkraine: Space Heroes mine 4 million tons of coal
From the beginning of the year miners of DTEK Mine Group named after Space Heroes have been showing high coal output.
Ukraine: iron ore concentrate output down in January-October 2015
In January-October Ukraine produced 55.41 million tons of iron ore concentrate, down by 3% YoY.
Ukraine: NKMZ to greatly increase output
In autumn Novokramatorks Machine-Building Works put a new arc electric welding steel furnace with capacity of 15 tons (DSP-15) into operation. This marked the end of the steel shop overhaul started in 1997.
Metals of Ukraine & Russia: beams (structural steel), September 2015
Month Russian market, $/t, EXW, without VAT, $1/RUR66.237* min max August 416.69 686.93 September 416.69 671.08 * – 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)
DetailsUkraine: metal output forecast for December 2015
In December Ukrainian metal companies will produce 2.1 million tons of steel.
Ukraine: Electrostal to pay $8.8 million and 1.5 million euro
Kiev commercial court of appeals has confirmed the writ of the Commercial court of Kiev for Electrostal to pay $8.8 million and 1.5 million euro to Delta Bank (Kiev).
Ukraine: scrap export duties to increase
The Ministry for economic development and trade is working on a decree to increase scrap export duties.
Metals of Ukraine & Russia: strips (ordinary steel), September 2015
Month Russian market, $/t, EXW, without VAT, $1/RUR66.237* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.528* min max min max August 340.45 429.25 429.02 429.02 September 349.81 441.72 421.14 421.14 * – 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…
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