In January-September Krivoy Rog Iron Ore Industrial Complex produced 4.13 million tons of iron ore, down by 2.1 YoY.
The Ukrainian largest private metal company – Metinvest – thinks positively of the Zaporizhstal operation and supports its development.
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)Details
Zaporizhstal, 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…Details