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

Month

Russian market, $/t, FCA, without VAT, $1/RUR66.0825*

min

max

April

60

161

May

61

194

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: Zakarpatvtormet fires chairman

Supervisory board of Zakarpatvtormet has dismissed Alexander Alyaniy from the office of the chairman and general director. He also occupied the same office in Ternopolvtormet. Yuri Osipenko has been appointed instead. Osipenko used to work in Azovstal and Metinvest. Ternopolvtormet appointed Alyaniy in July 2015. Metalinvest Ltd owns 90.5459% of Ternopolvtormet and 98.0236% of Zakarpatvtormet.…

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Ukraine: Metinvest to invest $300 million into GOKs

Metinvest has to spend over $300 million to make its mining and processing works correspond to the European standards. “Some pollutions at our companies are already within the European norms, so we can only welcome the implementation of the European environmental standards in Ukraine. But it’s a long way, we have just passed a small…

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Ukraine: Krasnolimanskaya mines 1 million tons of coal

On July 10, Krasnolimanskaya yielded 1 millionth ton of coal since the year start.

“This is the 120-th million of coal since the mine started working”, said the company director Alexander Dubovik. (Ukrainian metal)

Ukraine: Kominmet fires deputy chairman

Dniepropetrovsk Iron and Steel Works named after Komintern (Kominmet) has dismissed Andrei Mouchkin from the office of the deputy chairman. According to the company station, Mouchkin resigned from his position. He has been in the office since April 22, 2015. None has been appointed in his place as yet. In 2015 Kominmet received 197.52 million…

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

Month

Russian market, $/t, EXW, without VAT, $1/RUR66.0825*

min

max

April

429

527

May

511

596

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: Metinvest-SMC to supply 25 thousand tons of metal to Ukrzaliznytsia

Ukrzaliznytsia has ordered 25.43 thousand tons of railroad construction materials valued at 626.05 million UAH from Metinvest-SMC.

The Ukrainian Railways will buy open sections, encased piles as well as railroad and tramways construction elements of steel. All the products must be supplied this year. The agreement was concluded on June 30. (Ukrainian metal)

Ukraine: titanium ore export-import in H1 2016

In January-June Ukraine exported 172.4 thousand tons of titanium-containing ore and concentrate valued at $35.26 million, up by 51.6% and by 27.2% YoY respectively. According to the State Fiscal Service, most products went to Russia (42.9%), USA (16.03%) and the Czech Republic (14.82%). In January-June Ukraine imported 2 tons of titanium-containing ore and concentrate from…

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

Month

Russian market, $/t, EXW, without VAT, $1/RUR66.0825*

min

max

April

517

655

May

570

710

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)