Ukraine: PGOK exports 3 million tons of pellets in Q1 2016
In January-March Poltava Mining and Processing Works exported 3.17 million tons of iron ore pellets.
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In January-March Poltava Mining and Processing Works exported 3.17 million tons of iron ore pellets.
The Verkhovnaya Rada of Ukraine has passed an act on the increase of the ferrous scrap export duty from 10 euro per ton to 30 euro for 3 years. 268 people’s deputies have supported the act.
Pobuzhye Ferronickel Plant plans to stop importing power-generating coal from Kazakhstan and switch to Ukrainian raw materials.
The Ministry of economy of Turkey has cancelled temporal measures on hot-rolled coil imports from China, Russia, Japan and Slovakia.
In 2016 Mariupol Ilyich Iron and Steel Works has started producing 8 new types of products, with the most of them coming from the cold-rolled shop.
In January-March Evraz Dniepropetrovsk Iron and Steel Works named after Petrovsky decreased steel semi-finished products (billets) output, at the same time increasing rolled metal (structural steel) output. According to the company statement, this has to do with the market demand.
A people’s deputy Sergey Taruta supports limitations of ferrous scrap exports from Ukraine.
Under the current price situation on the global markets, scrap export duty from Ukraine should be on the level of 50-60 euro per ton.