In September Ukraine exported $208.31 million worth of flat rolled metal, with imports on the level of $49.42 million. According to the State Fiscal Service, Russia was the main buyer of Ukrainian flat steel in September ($36.09 million). In January-September Ukraine exported $1416.7 million worth of flat rolled metal, while imports reached $406.65 million. (Ukrainian…Details
In September Ukraine exported $157.9 million worth of steel semi-finished products, while imports totaled $0.71 million.
According to the State Fiscal Service, Italy was the main consumer of Ukrainian semis in September ($43.29 million).
In January-September Ukraine exported $1692.96 million worth of steel semi-finished products, with imports at $9.03 million. (Ukrainian metal)
In September Ukraine exported $58.71 million worth of pig iron, with imports on the level of $0.03 million.
According to the State Fiscal Service, USA was the main consumer of Ukrainian pig iron in September ($16.87 million).
In January-September Ukraine exported $399.86 million worth of pig iron, while imports reached $0.53 million. (Ukrainian metal)
In September Ukraine produced 1860 thousand tons of steel, down by 2.3% MoM, or by 43 thousand tons.
According to Ukrmetallurgprom, in January-September steel output increased by 6.9% YoY, or by 1179 thousand tons, to 18239 thousand tons. (Ukrainian metal)
In September Ukraine produced 1743 thousand tons of rolled metal, up by 0.9% MoM, or by 15 thousand tons.
According to Ukrmetallurgprom, in January-September rolled metal output went up by 7.6% YoY, or by 1145 thousand tons, to 16125 thousand tons. (Ukrainian metal)
In September Ukraine produced 1863 thousand tons of pig iron, down by 6.4% MoM, or by 98 thousand tons.
According to Ukrmetallurgprom, in January-September pig iron output increased by 11.2% YoY, or by 1799 thousand tons, to 17799 thousand tons. (Ukrainian metal)
In September Ukraine imported $0.87 million worth of ferrous scrap, with no exports.
According to the State Fiscal Service, the main supplier of ferrous scrap in September was Turkey ($0.84 million).
In January-September Ukraine exported $40.99 million worth of scrap, while imports totaled $5.77 million. (Ukrainian metal)
Energomashspetsstal will produce a batch of ring blanks for ThyssenKrupp AG subsidiary – Rothe Erde. According to the company statement, the total weight of the blanks will be 74.7 tons. The parts will be used as raw materials for further processing. Ring blanks will be mechanically treated and sent to Dortmund in January 2017. (Ukrainian…Details
UMG, a part of System Capital Management, has appointed Dmitry Anufriev the executive director. “A new position has been created on October 21, that of the executive director. It will be occupied by Dmitry Anufriev, who has previously been heading the strategy department. In his new position he will be responsible for transforming UMG into…Details
Energomashspetsstal will produce 5 supporting rolls with the total weight of 158.7 tons for iron and steel works of ArcelorMittal in Belgium.
According to the company statement, the rolls will be used in cold- and hot-rolling mills of AM Liege and AM Gent.
EMSS will have to supply the rolls in Q1 2017. (Ukrainian metal)
Russia’s second lender VTB’s position that the debt of metals producer Mechel should be unified is not really rational, a member of the company’s board of directors Alexander Shokhin reported. Mechel earlier agreed to restructure $5.1 billion out of its $6.2 billion debt, including about $1 billion of debts to VTB. In September, First Deputy…Details
Norilsk Nickel and Societe Generale signed an agreement on strategic cooperation. General Memorandum was signed by Nornickel President Vladimir Potanin and Societe Generale CEO Frederic Oudea. The memorandum provides for an important expansion of the partnership between Nornickel and Societe Generale. It includes the whole range of commercial and investment banking services, including capital markets,…Details
In January-September Russia increased primary aluminum output by 1.5% YoY, with its alloys – by 11.3%.
According to the Federal Service of State Statistics, aluminum rods and sections output went up by 2.5%, of plates, sheets, strips and bars – by 12.3%, but aluminum foil production dropped by 11.5%, all YoY. (Ukrainian metal)
Evraz intends to increase coking coal output this year by 8.3% YoY, to 22.1 million tons. Concentrate output is expected to grow from 13.6 million tons in 2015 to 14.2 million tons. And with strong demand Evraz plans to increase output even to 16-16.5 million tons. The group has already increased coal production in January-September…Details
As of October 1, salary debt to the miners on the temporarily occupied territories stood at 661.1 million UAH. According to the Ministry of energy and coal industry, the debt to state-controlled miners reached 289.3 million UAH. Because of the Russia-supported military conflict in the East, Ukraine is experiencing a significant shortage of coal, in…Details
Ukraine plans to get loans worth 500 million UAH to develop 8 state mines. “We have determined the 8 mines, in which we will invest. We have also found some loans on 500 million UAH, which will be invested so that coalmining doesn’t go down. For example, these are Yuzhnodonbasskaya No. 1, Yuzhnodonbasskaya No. 3…Details
The minister of energy and coal industry Igor Nasalik said that the Rotterdam+ formula was not working in Ukraine. “At present coal on the Rotterdam exchange costs around $74 per ton. If we add transport, unloading and the rest, it would be 2.3-2.4 thousand UAH per ton, and not 1.39 thousand UAH, according to the…Details
According to OMK experts, in 2016 Russia will decrease pipe consumption to 9.5 million tons. The main decrease will hit large diameter pipes (by 36.3% YoY, to 2099 thousand tons). Despite the unfavorable situation OMK will retain its share of 18%, with sales volumes at 1.7 million tons. In 2017 the market stagnation is expected…Details
In January-September Cherepovets Iron and Steel Works produced 3223.5 million kWt-h of electricity, having hit a record and up by 4.8% YoY. “The increase in electricity generation allowed the company to raise the share of its own electricity in the total consumption to 76.4%, up by 5.1% YoY. This allowed us to save some 159…Details
In September Evraz-ZSMK received 148.4 thousand tons of ferrous scrap via railroad, down by 7.7% MoM, but up by 10% YoY. In August the figures stood at +25% and +31.7% respectively, with –24.4% and +45% in July. In January-September scrap deliveries reached 926.4 thousand tons, down by 6.9% YoY. This is the lowest result in…Details
In January-September Donetsk Iron and Steel Works produced 635 thousand tons of steel, up by 49.1% YoY. In September pig iron output totaled 97 thousand tons, down from 105 thousand tons in August. Because the open-hearth manufacture was shut down in April 2012, the works is not producing steel. In January-September 2015 DMZ was mostly…Details
In January-September Mariupol Ilyich Iron and Steel Works produced 1.88 million tons of rolled metal, up by 6.1% YoY. According to the company statement, steel output totaled 2.11 million tons, up by 2.8%, that of pig iron – 2.86 million, up by 6.6%, of pipes – 66 thousand tons, up by 52.1%, while that of…Details
The Ministry of economic development and trade suggests canceling contract registration cards while exporting scrap. The corresponding decree was prepared by the ministry and presented on October 19. The goal of the decree is the deregulation of the scrap market and simplification of the regulatory base. At present there are 616 companies in Ukraine dealing…Details
In January-September Russia increased palladium output by 3.7% YoY. According to Rosstat, platinum output went up by 4.1% YoY. Gold ore mining increased b 2.1%. In September Russia increased platinum output by 4.5% YoY and by 16.5% MoM. Palladium output dropped by 17.8% YoY and by 11.9% MoM. Gold ore mining increased by 2.9% YoY,…Details
Since Polymetal Int bought Kapan mining and processing factory in April, it mined 181 thousand tons of ore. According to the company statement, in Q3 it mined 112 thousand tons. Average metal content in ore from May till September totaled 2.3 thousand ounces of gold, 46 million ounces of silver, 0.3% of copper, and 1.6%…Details
Each year Metinvest companies pay over 300 million UAH of environment tax to the budgets of all levels. Such a tax could become a resource for ecological improvement. And the local companies should receive the most of these payments and have the right to spend them on modernization. “And what if the local authorities decide…Details