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Because of the Ukrzaliznytsia problems with cargo transportation, metal works suffer from raw materials deficiency and lose market opportunities and export revenues. “Weak spots in railroad infrastructure, shortage of locomotives and fuel, ineffective coordination of Ukrzaliznytsia resources cost our country some $1.8 billion of not received foreign currency revenues in metal sector. And that’s almost…
DetailsUkrmetallurgprom forecasts steel output on the level of 2 million tons in September, with pig iron also at 2 million tons and rolled metal at 1.7 million tons. After the drop in June, affected by the railroad strike in Donetsk and Lugansk regions, July saw a certain stabilization of raw materials delivery to metal companies…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 451 2157 565 565 June 458 2157 429 429 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn 2016 Ural Mining-Metallurgical Company is going to decrease copper cathodes output by 10% YoY. According to the company CEO Andrei Kozitsyn, the targeted amount is 350 thousand tons. He gave two reasons for this: the decrease of copper contents in ore with the same level of output (24-25 million tons per year) and the…
DetailsIn January-July Ukrainian metal companies consumed 7.5 billion kWh of electricity, up by 6% YoY. Electricity consumption in 2015 dropped by 13% YoY, to 12.4 billion kWh. In January-July Ukraine produced 14.49 million tons of steel, 14 million tons of pig iron and 12.68 million tons of rolled metal, all up by 10.5%, 16.3% and…
DetailsIn 2016 Ural Mining-Metallurgical Company plans to produce 350 thousand tons of copper, down by 10% YoY. Copper content in ore is dwindling, even though ore mining remains the same – around 24-25 million tons. The company expects the situation to improve in 2020-2021, when new capacities are put into operation and ore mining increases.…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 346 640 436 525 June 486 640 397 441 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsAt present Ukrzaliznytsia cannot transport cargo for mining-metallurgical complex of Ukraine in full due to the lack of cars and trains, as well as weak purchases of fuel and spare parts. “This is mostly our fault. We can’t satisfy the needs of our clients”, said the state enterprise head Wojciech Balczun. According to him, Ukraine…
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