Ukraine’s coal extraction in June decreased by 44.3% YoY to 3.51 million tons, down from 6.3 million tons in June 2014, but up from 3.24 million tons produced in May, an energy and coal industry ministry official said.
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In June Yuzhny Mining and Processing Works (UGOK) produced 988.3 thousand tons of concentrate, up by 5% YoY.
In January-June Dneprospetsstal (Zaporozhye) produced 79.52 thousand tons of rolled metal, down by 10.2% YoY.
In January-June Ukraine exported 3721.14 thousand tons of carbon steel semi-finished products worth $1341.28 million, down by 31.7% and 48.7% YoY respectively.
Spot prices for iron ore fines crossed $50 per ton in China (CFR) on July 7, having declined 24% since mid-June to $49.6, Concorde Capital informed clients in an online advisory.
Ukraine to produce 2.2 million tons of steel in August, Metallurgprom said.
Ukrainian export prices are up by $25-30, Russian – by $15-20.
In January-June Interpipe Steel produced 290 thousand tons of steel, down by 38.4% YoY.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.047* min max April 248.20 248.20 May 252.28 252.28 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
In January-June Ukrainian mining companies exported 23112.35 thousand tons of iron ore raw materials worth $1138.06 million, up by 17.9% and down by 40% YoY respectively.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.047* min max April 386.89 438.62 May 434.13 443.83 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
Zaporizhstal, Odessa Port Works and Kernel-Trade received the largest VAT-reimbursements in June.
Ukrainian Prime-Minister Arseni Yatsenyuk has ordered the Ministry for energy and coal industry to immediately start freighting ships for coal deliveries.