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NLMK Group, an international steelmaking company with operations in Russia, Europe and the USA, has appointed Dmitry Stopkevich the new CEO of NLMK Russia Long Products Division (NLMK Long Products), one of the largest manufacturers of long products and metal ware in Russia. The division was previously managed by Grigory Fedorishin, who was appointed Head…
DetailsIn November Ukraine exported $186.2 million worth of iron ore, with imports on the level of $3.69 million. According to the State Fiscal Service, the main importer of Ukrainian iron ore in November was China ($54.73 million). In January-November Ukraine exported $1607.6 million worth of iron ore, while imports stood at $70.86 million. (Ukrainian metal)
DetailsArcelorMittal Kriviy Rih says it has paid in full for the damage done to the Ukrzaliznytsia wagons. “All the damaged wagons have been repaired and returned to Ukrzaliznytsia. All the loses have been 100% compensated”, the company said in a statement. The company also said, that even having direct contacts with Ukrzaliznytsia it still had…
DetailsChelyabinsk Iron and Steel Works, a part of Mechel, produced the 140-millionth ton of sinter at its sintering factory No. 2. The manufacturing site comprises 4 sintering machines and produces some 5 million tons of sinter per year. Sintering factory No. 2 was put into operation in 2005. The investment project cost $150 million. The…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max October 234 234 183 257 235 250 237 255 November 202 234 223 255 305 320 260 325…
DetailsIn November Russia imported 31285 tons of stainless steel, down by 3.4% MoM. Despite the decrease this was the second time in the modern history of Russia when the imports exceeded 31 thousand tons. Flat rolled metal imports in November decreased by 1%, of electric-welded pipes – by 22.6%, of seamless pipes – by 48%.…
DetailsThe total throughput of the Novorosiysk Sea Trade Port Group in January-November increased by 5.3% YoY, to 134.66 million tons. According to the company statement, iron ore raw materials transshipment increased by 39.1% YoY, to 2723 thousand tons, that of coal – by 17.8% YoY, or by 243 thousand tons, to 1608 thousand tons. Ferrous…
DetailsMonth Russian market, $/t, DDP, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.499* min max min max October 725 895 850 1900 November 735 900 850 1900 * – 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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