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NLMK Kaluga, a new generation EAF plant (part of NLMK Long Products) that manufactures a wide range of long products and sections used in construction, has produced its two millionth ton of finished steel. The mill produced its three millionth ton of crude steel in its EAF shop earlier in June. The plant uses its…
DetailsMonth Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max April 327 426 May 409 495 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsArcelorMittal Berislav has dismissed Wilhelmer Michael from the office of the supervisory board. Michael has resigned, he owns no company shares. In 2015 ArcelorMittal Berislav received 40.4 million UAH of losses, having increased its net income 3.3 times YoY, or by 48.26 million UAH, to 68.98 million UAH. The company mines limestone used in construction…
DetailsUkrzaliznytsia (Ukrainian Railways) has chosen Metinvest-SMC to supply 25.4 thousand tons of construction materials worth 616.05 million UAH. In particular, the railroad intends to buy 25435 tons of sections, encased piles and construction elements of railroad and tramways of hot-treated steel. Metinvest-SMC has to deliver the products by the year-end. (Ukrainian metal)
DetailsIn May Ukraine exported $150.18 million worth of long rolled metal products, with imports on the level of $14.42 million. According to the State Fiscal Service, Russia was the largest importer of Ukrainian long rolled metal in May ($21.17 million). In January-May Ukraine exported $675.77 million worth of long rolled metal products, while imports totaled…
DetailsMonth Russian market, $/t, DDP, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.166* min max min max April 650 890 760 900 May 640 940 760 900 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsA meeting of the State Commission for the Development of the Arctic Region presided by the deputy chairman of the government of the Russian Federation Dmitry Rogozin and attended by Nikolai Rogozhkin, envoy from the President of the Russian Federation in the Siberian Federal District, took place in the first two weeks of June on…
DetailsIn May metal companies didn’t receive 79 thousand tons of scrap, according to the state enterprise Ukrpromvneshexpertisa. “Despite the decree prohibiting scrap export, the market was 79 thousand tons short. This forced metal companies to import raw materials (6 thousand tons of scrap and 18 thousand tons of hot-briquetted iron) and use too much pig…
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