Metals of Ukraine & Russia: squares (ordinary steel), April 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865*

min

max

March

376

376

April

376

376

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: ferroalloys output up in April 2016

In April Ukraine produced 90.2 thousand tons of ferroalloys, up by 4.9% MoM, or by 4,2 thousand tons.

According to the Association of Ukrainian Ferroalloy Producers, in January-April ferroalloy output decreased by 1.8% YoY, or by 5.9 thousand tons, to 318.9 thousand tons. (Ukrainian metal)

Ukraine: UGOK output down in May 2016

In May Yuzhniy Mining and Processing Works produced 918 thousand tons of concentrate, down by 5.8% YoY. According to the company statement, sinter output dropped by 16%, to 736.24 thousand tons. The company explains sinter output drop with the change in market situation. In January-May UGOK produced 4521.8 thousand tons of concentrate, down by 4%…

Details

Ukraine: DMZ close to complete halt

Donetsk Iron and Steel Works can soon stop its operation completely. Because of the railway strike the works can’t get pellets and supply pig iron.

“We have pellets stocks for a couple of days”, said a source at the works and added that one of the blast furnaces had been stopped. (Ukrainian metal)

Metals of Ukraine & Russia: square billets (structural steel), April 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865*

min

max

March

195

289

April

205

289

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: metal works on occupied territories stopped

Several iron and steel works, situated on the Ukraine-uncontrolled territories of Donetsk and Lugansk regions, have been stopped because of the Donetsk railway strike. A week ago railroaders went on a strike demanding their salaries to be paid. Alchevsk Iron and Steel Works has temporarily closed-down all of its blast furnaces. Yenakievo Iron and Steel…

Details

Ukraine: Metinvest invest over 45 billion UAH into development

For the past several years Metinvest invested over 45 billion UAH into development of its companies. “We have completely modernized the Yenakievo Iron and Steel Works, we’ve implemented cyclic-and-continuous technology at all our GOKs. We put into operation PCI machines at Ilyich. We’ve modernized Azovstal continuous cast machines”, said the group CEO Yuri Ryzhenkov. Metinvest…

Details

Ukraine: Cyprus to buy NPTZ

Wolbert Company, Plamsted and Kamset Holdings (all from Cyprus) intend to buy 19.3% of Nikopol South Pipe Works shares each.

According to the company statement, Wolbert Company will buy 72716543 shares, Plamsted will purchase 72716544 shares, and Kamset Holdings plans to buy 72716544 shares of NPTZ. (Ukrainian metal)