Month Russian market, $/t, $1/RUR49.322 Ukrainian market, $/t without VAT, $1/UAH14.969* min max min max October 269.66 269.66 253.85 377.92 November 283.87 283.87 320.07 377.92 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.11.14 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)…Details
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Month Russian market, $/t, $1/RUR49.322 Ukrainian market, $/t without VAT, $1/UAH14.969* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max October 247.76 269.66 288.39 309.46 390.00 395.00 395.00 400.00 November 253.44 283.87 283.42 309.46 380.00 385.00 395.00 400.00 * – Ukrainian Hrivna…Details
In November Ukraine produced 104 thousand tons of steel pipes, up by 16.9%, or by 15 thousand tons, MoM.
In November Ukraine produced 148 thousand tons of manganese concentrate and sinter, down by 8.6%, or by 14 thousand tons, MoM.
Ukrainian iron ore miner Ferrexpo has cut its December production outlook due to lower power supplies and will reduce spot sales to give priority to long-term contracts if the situation continues in the first quarter of 2015.
In November Ukraine produced 7017 thousand tons of iron ore and iron ore concentrate, up by 0.2%, or by 13 thousand tons, MoM.
Brazil will charge antidumping penalties on boron-added steel plate from China and Ukraine, Brazil’s Secex foreign trade bureau has decided, adding the product to such penalties on painted heavy plates.
In November Ukraine produced 1824 thousand tons of steel, down by 5%, or by 97 thousand tons, MoM.
In November Ukraine produced 1636 thousand tons of pig iron, down by 1.7%, or by 28 thousand tons, MoM.
In November Ukraine produced 1603 thousand tons of rolled metal, down by 2.4%, or by 39 thousand tons MoM.
In October Ukraine exported $30.73 million worth of ferrous metals scrap with imports on the level of $2.39 million.
In 2014 Ukrainian metallurgical companies are expected to cut steel production by 16.8%, to 27.2 million tons, YoY, while in 2015 – by 0.7% compared to the forecast figures for this year, to 27 million tons.
Ukraine at the end of 2014 could cut currency income from exports of ferrous metal products (iron ore, pig iron, rolled steel and pipes) by13.6%, to $16.05 billion YoY ($18.57 billion in 2013), and by 14.1% in 2015, to 413.794 billion.