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Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 400 779 406 434 November 408 779 400 445 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsOJSC Magnitogorsk Iron and Steel Works (MMK) and Eurasian Resources Group (ERG), a leading diversified natural resources producer, have signed a strategic agreement for the supply of iron ore. The agreement provides for the supply of more than 30 million tons of iron ore, including pellets and concentrate, from the Sokolovsko-Sarbayskaya mine (JSC SSGPO, part…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 19 21 16 21 November 19 20 18 23 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsArcelorMittal Kriviy Rih has developed and put new casting technology into operation at LFCC. It is high carbon commercial quality steel 85 for production of wire rod with 0.82-0.89% carbon content at hybrid mill LSM-WRM-6 according to the pilot order (110 tons). The customer is the biggest consumer of high carbon wire rod and the…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 396 2173 420 420 November 396 2173 457 457 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsMariupol Ilyich Iron and Steel Works spent over 30 million UAH in 2016 on locomotive repairs. The company received the M62UP locomotive, repairs cost around 9 million UAH. According to the company CEO Yuri Zinchenko, the works specialists are preparing the locomotive to be put into operation. (Ukrainian metal)
DetailsRussian metal makers do not expect a major increase in demand in 2017 because of the low capacity loading, overproduction risks and the increasing protective measures on export markets. In early 2016 metal companies expected a drop in local demand, but by year-end theirs forecasts have grown considerably. In 2017 they await a small increase…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 410 553 342 386 November 410 577 431 431 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the…
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