Russia: steel structures output up in January-September 2016

In January-September Russia produced 2.6 million tons of prefabricated steel construction structures, up by 1.4% YoY.

According to the Federal Service of State Statistics, in September steel structures output went up by 3.7% YoY and by 2.2% MoM. (Ukrainian metal)

Ukraine: Evraz DMZ installs dust control system in BF3

Evraz Dneprovsky Iron and Steel Works has finished tests and put the dust control system at its blast furnace No. 3 into operation.

According to the company statement, the system has already allowed to decrease emissions by 70%.

Investments in the project totaled 2.3 million UAH. (Ukrainian metal)

Russia: Izhstal repairs steel-smelting furnace

Izhstal (a part of Mechel) has finished capital repairs of its electric arc furnace used to smelt complex-alloyed, stainless and high-speed steels. “This furnace makes high-marginal products, so we pay special attention to its state. We have plans to increase its efficiency, and we will implement them in future”, Izhstal executive director Sergey Kozennov said.…

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Russia: Bauxite Timana output up in January-September 2016

In January-September Bauxite Timana (a part of Rusal) mined 2.39 million tons of bauxites, up by 4.9% YoY.

In Q3 the company mined 911 thousand tons, up by 13.6% QoQ. (Ukrainian metal)

Russia: Rusal net profits down in January-September 2016

In January-September Rusal received $534 million of net profits, down by 35.3% YoY.

Rusal’s revenues dropped by 12.7% YoY, to $5.95 billion.

EBITDA went down by 37% YoY, to $1.07 billion.

Sales increased by 4.9% YoY, to 2.89 million tons. (Ukrainian metal)

Ukraine: VostGOK to keep output levels

In 2016-2017 Vostochny Mining and Processing Works intends to keep the last year levels of uranium concentrate output – 1 thousand tons. “We don’t have decreases in output, nor, unfortunately, increases. We’re keeping it flat and the expected volumes this year are around 1 thousand tons”, the company CEO Alexander Sorokin said. An increase in…

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Ukraine: KhZTO supplies large crane to AMKR

Kharkiv Works of Materials-Handling Equipment has supplied a claw crane to ArcelorMittal Kriviy Rih warehouse. According to the company, the crane lifting capacity is 16 tons. “Such a crane is a very expensive machinery, but it is necessary to ensure timely delivery of metal”, AMKR reconstruction and development department deputy director Sergey Nevroda said. (Ukrainian…

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Metals of Ukraine & Russia: bars (structural steel), September 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR63.16*

min

max

August

507

507

September

507

507

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Russia: Metalloinvest planning IPO

Russian metals holding Metalloinvest plans to make an initial public offering (IPO) and is waiting for a good market environment, a spokesman for the company reported. “Metalloinvest is procedurally ready for the IPO in many respects and the degree of readiness will be even higher after the completion of the shareholder capital reorganization. The iron…

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Russia: construction of Stoilensky’s pelletizing plant recognized as Event of the Year

The key investment project of NLMK Group’s Strategy 2017 – the construction of a pelletizing plant at Stoilensky, – has been recognized as the 2016 Event of the Year in the Russian steel industry. Experts announced their findings at the Metal-Expo’2016 international exhibition. Konstantin Lagutin, NLMK Group’s VP for Investment Projects, received the winner’s diploma…

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Metals of Ukraine & Russia: channel (structural steel), September 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR63.16*

min

max

August

581

652

September

559

635

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: separatists trying to put DEMZ into operation

The authorities of the so-called Donetsk People’s Republic (the Russia-supported terrorist organization) try to put the idle Donetsk Electrometallurgical Plant back into operation. According to the company new director Alexander Zubov, some 400 people, mostly ex-employees, are trying to assemble equipment. After the works is up and running it will be able to produce some…

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Russia: KUZOTsM exports one third of its products in January-September 2016

In January-September Kamensk-Uralsk Non-Ferrous Metals Processing Works increased exports. In particular, exports went up from 24% to 32% in the total volume of sales. 66% of the goods exported are the rolled brass, but due to the low marginality it is being transferred to the local market. The company strives to increase rolled copper sales.…

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Metals of Ukraine & Russia: beams (structural steel), September 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR63.16*

min

max

August

567

796

September

567

796

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)