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In January-August Ukraine exported 27.25 million tons of iron ore and concentrate valued at $1.13 billion. According to the State Fiscal Service, the largest importers of Ukrainian iron ore were China ($435.44 million, or 38.51% of the total volume), Czech Republic ($119.34 million, 10.55%) and Poland ($109.35 million, 9.67%). Iron ore share in the total…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 125 146 146 155 July 125 139 150 165 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsPolar Construction Company LLC (Nornickel subsidiary) has opened a new training ground for practicing work at height with fall-arresting harnesses, and work on scaffolds. “Underground group workers, as well as tiers and drifters and surface construction workers will train at the facility. Each of them has jobs assignments to be performed at height”, said the…
DetailsMonth Russian market, $/t, FCA, without VAT, $1/RUR67.05* min max June 60 186 July 60 158 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsGrant Thornton has estimated the cost of Irshansk Mining and Processing Works and Volnogorsk Mining and Processing Works at 1.7 billion UAH. Thus the cost of the subsidiary assets has increased two-fold since 2014. “The estimate of the assets belonging to the United Mining and Chemical Company, the owner of the 2 GOKs, is a…
DetailsKola MMC, the Nornickel subsidiary, added innovative rolling stock to its rented tank car fleet for sulfuric acid transportation. The company received 73 tanks of higher capacity. Railcars with increased bogie axial load up to 25 tons per axis (compared to 23 tons for conventional railcars) are an innovative rolling stock. Loading capacity of the…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.05* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max June 535 750 521 571 422 569 July 535 750 521 571 422 569 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to…
DetailsIn January-August Central Mining and Processing Works produced 1.57 million tons of pellets, up by 0.2% YoY. According to a company representative, CGOK iron ore concentrate dropped by 15.4% YoY, to 3.55 million tons. In August the company produced 213 thousand tons of pellets and 455 thousand tons of concentrate. (Ukrainian metal)
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