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In January-July metal companies consumed 990 million cubic meters of natural gas, down by 20% YoY. In July gas consumption increased by 2.4% MoM, to 128 million cubic meters. Average daily gas consumption in January-July totaled 4.7 million cubic meters as opposed to 5.8 million cubic meters in January-July 2015. Average daily July consumption dropped…
DetailsMonth Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max May 384 448 June 406 443 * – 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 Russian Federation. (Ukrainian Metal)
DetailsIn January-July Dneprovsky Iron and Steel Works produced 1.2 million tons of rolled metal, down by 15.8% YoY. According to the company statement, steel smelting dropped by 14.5% YoY, to 1.2 million tons, while pig iron output decreased by 10%, to 1.2 million tons. In July DMK produced 0.18 million tons each of rolled metal,…
DetailsAccording to Russian Trade Statistics data, the pig iron exports in May jumped significantly higher when compared with the exports during same month a year before. Also, the exports registered a significant increase from the previous month. Russia’s pig iron exports totaled 445,673 tons in May. The total exports were up by 33.7% YoY. Also,…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 34 42 40 44 June 35 44 41 45 * – 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…
DetailsFitch has increased the long-term rating of Ferrexpo plc (UK), which controls Poltava and Yeristovo Mining and Processing Works, from CCC to CC. The agency has also confirmed the company short-term rating on the C level. Rating increase is explained by the Ferrexpo liquidity improvement due to higher iron ore prices in H1 (on average…
DetailsMariupol Ilyich Iron and Steel Works has started producing galvanized rolled metal of low-carbon DX52D grade steel. Order for that rolled metal came from several consumers around Ukraine. “We have developed the optimal chemical composition, rolling parameters and the production technology”, said the company CEO Yuri Zinchenko. A part of the metal ordered has already…
DetailsMonth Ukrainian market, $/t, without VAT, FCA, $1/UAH24.854* min max May 197 211 June 149 153 * – 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 Russian Federation. (Ukrainian Metal)
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