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

Month

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

min

max

August

256

390

September

250

413

* – 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: SAR coal arrives

The Yuzny trade seaport has received the vessel with 79 thousand tons of anthracite from the South African Republic.

The delivery was timely. All the coal is intended for Pridneprovskaya thermal power plant.

Unloading will take 3 days. (Ukrainian metal)

Metals of Ukraine & Russia: scrap (grade 3a), September 2016

Month

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

min

max

August

63

174

September

63

188

* – 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)

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

Month

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

min

max

August

346

379

September

340

441

* – 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: Zhevago leaves PGOK SB

Konstantin Zhevago has left the supervisory board of Poltava Mining and Processing Works, the largest iron ore pellets producer in Ukraine.

According to the company statement, Zhevago resigned on October 19. His office ended on November 3. He has been in the supervisory board for 20 years, but directly owns no PGOK shares. (Ukrainian metal)

Ukraine: EMSS to supply rolls to Finland

Energomashspetsstal will supply a large batch of rolls with mechanical treatment to Eurohuolinta Oy.

According to the company statement, the rolls weighing 490 tons will be shipped to Finland in January-February 2017. EMSS will produce 76 rolls. They will be used to produce electric machines.

The companies have been cooperating for 10 years. (Ukrainian metal)

Russia: ММК signs contract with Sinosteel for supply of sinter plant equipment

Magnitogorsk Iron and Steel Works has started construction of a new sinter plant as part of its long-term development strategy announced in November 2015 to increase efficiency and reduce costs. Commissioning of the new sinter plant will provide MMK’s blast furnaces with high-quality sinter produced using state-of-the-art energy-saving and environmentally safe technologies. The new plant…

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Russia: NLMK Group centralizes control over European investment projects

NLMK Group, an international steel producer with operations in Russia, Europe and the USA, is opening NLMK Europe’s Project Office, a new division for integrated planning and implementation of investment programs at the group’s European facilities. Konstantin Lagutin, NLMK Group’s VP for Investment Projects, said: “The new project office will allow us to integrate our…

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Ukraine: coal output to double

“In a year and a half we intend to double coal output in Ukraine”, the minister of energy and coal industry Igor Nasalik announced. All the salary debts to miners will be cleared by January 1, 2017, he added. “The ministry has fulfilled its obligations on settling salary payments, and we expect miners to honor…

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