Month Russian market, $/t, DDP, without VAT, $1/RUR52.9716* Ukrainian market, $/t, without VAT, DDP, $1/UAH21.047* min max min max April 1078.33 1264.67 839.34 876.64 May 1078.33 1264.67 839.34 876.64 * – 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…Details
Despite the non-profitability of its business in Ukraine ArcelorMittal is not going to sell its Kriviy Rih works.
In May Ukraine produced 1853 thousand tons of rolled metal, up by 11.6%, or by 193 thousand tons, MoM.
Yenakievo Iron and Steel Works started producing a new type of 22, 25 and 28 mm plain reinforcement bar.
In May Ukraine produced 2175 thousand tons of steel, up by 13.4%, or by 257 thousand tons, MoM.
Ukraine started supplying titano-ferrite to Russia. The titanium ore is supplied to Russia’s VSMPO-AVISMA from Volnogorsky Mining and Processing Works, the press service of VSMPO-AVISMA said. The first lot of titano-ferrite has already been received.
Ukrainian metal companies have been suffering from scrap shortages for five months in a row.
According to the Ukrainian Federation of Metallurgists, the state owes 7 billion UAH of unpaid VAT to the mining-metallurgical complex of Ukraine.
In January-May Ukrainian companies mined 15958.4 thousand tons of ordinary coal, down by 53.7%, or by 18482.3 thousand tons YoY.
The state informational and analytical center Gosvneshinform says steel scrap exports in January-May are up by 37%, or by 191.8 thousand tons, to 509.4 thousand tons, YoY.