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)

Ukraine: Metinvest to supply steel to Italian shipbuilders on annual basis

Metinvest has concluded long-term contracts with shipbuilding works of Italy to supply metal, produced by its Trametal works. According to the group’s sales director Roman Kurashev, Italian shipbuilders have stable operations, and their orders portfolio for 2018 is already full. “Now they take orders for 2020-2021, so we’re working with them in normal mode”, he…

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Russia: KTK coal processing to reach 80%

According to the coal industry department of the Kemerovo region, the Kuzbass Fuel Company is repairing two of its processing factories at the Vinogradovsky open-pit mine. The overhaul will see the assembly of more productive equipment, increasing the processing at both factories from 6 million tons of coal per year to 9 million tons. And…

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Russia: coal exports through Vostochny port up in October 2016

In October Vostochny port (Primorsky Krai) shipped 1.78 million tons of coal, up by 7% YoY.

In 10 months the port transshipped 19.6 million tons of coal, up by 3.4% YoY.

The port served 38 ships in October, with 438 in 10 months. (Ukrainian metal)

Ukraine: pig iron export-import in January-October 2016

In January-October Ukraine exported 2126.45 thousand tons of steel-making pig iron valued at $451.24 million, up by 24.3% and 5.4% YoY respectively. Pig iron went to USA (33.02%), Turkey (26.95%) and Italy (22.23%). At the same time Ukraine imported 1.62 thousand tons of pig iron worth $549 thousand, down from 3.04 thousand tons valued at…

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Metals of Ukraine & Russia: squares (ordinary steel), September 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897*

min

max

August

418

418

September

424

424

* – 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: EMSS to supply ingots to Germany

Energomashspetsstal has received an order from Rothe Erde (a part of ThyssenKrupp AG) for the delivery of 500 tons of round ingots.

According to the company statement, the products have to be supplied in December. The ingots will be used to produce various parts. (Ukrainian metal)

Ukraine: metal exports down in January-October 2016

In January-October Ukraine decreased metal exports by 14% YoY, to $5.99 billion, or 20.58% of the total export earnings, as opposed to 22.22% in January-October 2015.

Metal export revenues totaled $621.97 million in October.

At the same time metal imports went up by 15% YoY, to $674.57 million, including $72.84 million in October. (Ukrainian metal)