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Ukraine will continue to buy Russian coal if necessary, said the Russian Ministry of energy and coal industry head Alexander Novak. “We’re continuing to sell coal to Ukraine. A couple of million tons this year for sure”, he said. According to him, there is no such situation when Ukraine stops buying Russian coal at all.…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* Export, Ukraine, $/t, FOB Black sea ports min max min max min max April 306 459 344 354 430 485 May 337 572 431 518 390 430 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16…
DetailsNorilsk Nickel Polar Division has received a team of foreign investors on a business visit composed of BMO, HSBC Securities (South Africa), Pioneer AM, Fosun AM, BAML, Goldman Sachs, VTB, Deutsche Bank, Alfa-Bank. The foreign guests enjoyed an opportunity to look at the sheer scale of the company’s footprint with their own eyes and learn…
DetailsThe state enterprise Ukrpromvneshexpertisa says iron ore raw materials average prices in July will fall by 8-10% MoM, or by $4-5 per ton, to $45-46 per ton. The price decrease will be the result of the considerable fall of flat and long rolled metal prices on Chinese markets and the seasonal drop of steel demand.…
DetailsUkrmetallurgprom believes that in 2016 Ukraine will produce 29 million tons of steel, up by 26.6% YoY, or by 6.1 million tons. To produce this amount of steel metal companies will need 8.12 million tons of scrap. (Ukrainian metal)
DetailsIn May Ukraine exported $217.87 million worth of steel semi-finished products, with imports on the level of $0.99 million. According to the State Fiscal Service, Egypt was the primary importer of Ukrainian steel semis in May ($63.81 million). In January-May Ukraine exported $906.54 million worth of steel semis, while imports reached $4.9 million. (Ukrainian metal)
DetailsDTEK expects the anthracite coal delivery from the Russia-supported terrorists-occupied regions of Donbass to renew. “The primary reason for the delivery stop was the railroad strike on the yonder side. But now it has stopped. Because of the military activities the railroad infrastructure was damaged, but it is being repaired. Still, the situation changes every…
DetailsKola MMC (Norilsk Nickel affiliate) has delivered an upgraded central storage facility for inventories with an approximate area of 3 thousand square meters at its Monchegorsk site. A hired contractor remodeled the layout of the building, overhauled the flooring, and modernized lighting and heating systems. To improve efficiency of floor space utilization, the on-the-floor storage…
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