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The Ukrainian mining-metallurgical sector is in decay. The leading companies are balancing on the edge of profitability. First of all, because of the problems with raw materials deliveries due to the military activity in the East. Iron ore extraction tax also affects this. For the past 1.5 years it has grown 20 times.
In August Ukraine exported $169.2 million worth of steel semi-finished products, with imports on the level of $0.61 million.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* min max June 195 198 July 172 174 * – 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)
DetailsThe largest company of Donetsk – Donetsk Iron and Steel Works has put the blast furnace #1 into operation, one of the two existing furnaces.
The Ministry for energy and coal industry is prepared to buy coal from the Anti-terrorist operation zone at 1.1 thousand UAH per ton.
Month Russian market, $/t, EXW, without VAT, $1/RUR58.991* min max June 68 170 July 68 180 * – 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 has contracts to import 300 thousand tons of coal from Russia every month, said the minister for energy and coal industry Vladimir Demchyshin.
In January-August Krivoy Rog Iron Ore Industrial Complex produced 3.6 million tons of iron ore, down by 3.2% YoY.
Month Russian market, $/t, EXW, without VAT, $1/RUR58.991* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* min max min max June 529.08 589.91 435.91 435.91 July 465.28 465.28 428.70 428.70 * – 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…
DetailsFor the past 8 months state mines received no money for the equipment modernization, said the minister for energy and coal industry Vladimir Demchyshin.
In August 31 – September 6 DTEK increased coal stocks of its thermal power stations by 30 thousand tons. During that period stations received 390 thousand tons of coal, and used 360 thousand tons to produce electricity.
Month Russian market, $/t, EXW, without VAT, $1/RUR58.991* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max June 23.90 30.53 61.50 66.90 40.00 60.00 50.00 65.00 July 27.41 32.77 61.50 66.90 40.00 60.00 50.00 65.00 * -…
DetailsYuzhny Mining and Processing Works (UGOK) plans to increase its investments into development of the capacities to 922 million UAH in 2015, up by 32% YoY.