Ukraine: InGOK concentrate output down in January-September 2015
In January-September Ingulets Mining and Processing Works, a part of the Metinvest Group of Companies, produced 8.53 million tons of iron ore concentrate, down by 16.5% YoY.
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In January-September Ingulets Mining and Processing Works, a part of the Metinvest Group of Companies, produced 8.53 million tons of iron ore concentrate, down by 16.5% YoY.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.185* min max July 491.04 491.04 August 478.30 478.30 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.08.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsZaporizhstal, a part of the Metinvest Group of Companies, expects the Ministry for infrastructure to prolong winter navigation on the river Dnepr, to decrease metal transportation costs.
Ukraine started restoring power transmission lines that connect Lugansk and Uglegorsk thermal power stations to the state energy system. The repairs could be over in 2 months.
In 2012-2014 Zaporizhstal decreased gas consumption by 40%.
Metinvest B. V. (the Netherlands) has increased its share in the Central Mining and Processing Works (CGOK, Dniepropetrovsk region) from 99.5707% to 99.7481%.
“The mine with the project capacity of 900 thousand tons would this year yield over 1.5 million tons of coal”, said DTEK Pavlogradugol CEO Sergey Voronin.
Month Russian market, $/t, EXW, without VAT, $1/RUR66.478* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.185* min max min max July 357.19 542.74 428.69 494.77 August 357.19 542.74 434.02 478.30 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.08.15 according to the National Bank of Ukraine and the Central Bank of the…
DetailsCoal deliveries have been renewed and Ukraine can now increase its stocks by 20-30 thousand tons per day.
Month Russian market, $/t, EXW, without VAT, $1/RUR66.478* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.185* min max min max July 357.19 567.86 428.69 494.77 August 357.19 567.86 434.02 460.64 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.08.15 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn January-September Interpipe Steel produced 443 thousand tons of steel, down by 35.1% YoY.
In 2012-2014 Zaporizhstal invested 2.7 billion UAH in the works development. In particular, in 2012 the company invested around 486 million UAH into production capacity modernization, with 553 million in 2013 and 1.61 billion on 2014. This year Zaporizhstal intends to overcome the last year level.
In January-August Yenakievo Iron and Steel Works, a part of Metinvest, produced 1.16 million tons of rolled metal, down by 32.4% YoY.