Month Russian market, $/t, EXW, without VAT, $1/RUR66.237* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.528* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max August 15.10 18.94 25.32 30.43 35.00 40.00 35.00 45.00 September 15.10 18.87 22.06 27.10 35.00 40.00 40.00 45.00 * -…Details
ArcelorMittal Kriviy Rih CEO Paramjit Kahlon said the company was willing to buy natural gas from Naftogaz if it offered more favorable terms.
The Railroad Transport draft law needs to be returned to the Ministry of infrastructure, as it doesn’t take into account most of the remarks of the carriers, says the Metallurgprom president Alexander Kalenkov.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.528* min max August 470.70 470.70 September 456.39 456.39 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.09.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
ArcelorMittal Kriviy Rih sells less than 1% of its products on the Russian market.
The tax reform stipulates the implementation of the income tax for the ferrous and non-ferrous metal scrap.
ArcelorMittal Kriviy Rih has been working with losses for the past 11 months because of selling most of its metal products cheaper than the prime cost.
In January-September DTEK Pavlogradugol received 14.28 million UAH of net losses (310.33 million UAH of net profit in the same period 2014).
On October 27-28, Zaporozhkoks hosted the Metinvest by-product coke chemists’ conference.
The Ministry for energy and coal industry has information about abuse of power at the Krasnolimanskaya coal company, in particular of the theft of over 300 million UAH.