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Ukrainian Metal
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ArcelorMittal Kriviy Rih paid 4.8 million UAH of the share contribution for the development of city infrastructure. Since 2008 AMKR has concluded 63 agreements of share participation with Kriviy Rih City Council. All the costs in full will be transferred to local budget for development of engineering-transport and social infrastructure of Kriviy Rih in correspondence…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 444 665 430 440 July 411 665 417 443 * – 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…
DetailsRussian steelmaker Severstal has temporarily shut down the Severnaya coal mine in the Komi Republic due to risks of new accidents, the company said in a statement. In February, Severnaya collapsed at the depth of 748 meters, followed by more than five explosions in several days. Out of 110 miners who were working at the…
DetailsIn 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…
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