Metals of Ukraine & Russia: beams (structural steel), March 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR67.6076*

min

max

February

408

657

March

428

638

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: Evraz Sukhaya Balka elects chairman

Supervisory board of Evraz Sukhaya Balka has elected Alexander Rybalko its chairman.

According to the company statement, Rybalko has been elected for 1 year and is the representative of Palmrose B.V. (the Netherlands), owner of 99.25% of the works.

In 2015 Evraz Sukhaya Balka received 632.96 million UAH of losses. (Ukrainian metal)

Ukraine: AMKR to produce 6.9 million tons of steel in 2016

In 2016 ArcelorMittal Kriviy Rih intends to produce 6.9 million tons of steel.

According to the company CEO Paramjit Kahlon, it also plans to manufacture 5.8-5.9 million tons of pig iron.

In 2015 AMKR received 1.38 billion UAH of net profits. (Ukrainian metal)

Ukraine: Evraz Petrovsky elects chairman

Supervisory board of Evraz Dneprovsky Iron and Steel Works has elected Alexander Rybalko its chairman.

According to the company statement, Rybalko has been elected for 1 year and is the representative of Palmrose B.V. (the Netherlands), owner of 96.337% of the works.

In 2015 the company received 1091.96 million UAH of losses. (Ukrainian metal)

Ukraine: ferrous metals exports revenues down in January-April 2016

In January-April Ukraine decreased revenues from ferrous metals exports by 28.9% YoY, to $2072.39 million. According to the Customs statistics, ferrous metals totaled 19.16% of the export revenues as opposed to 23.25% in January-April 2015. In April ferrous metals export revenues reached $592.95 million. In the first 4 months Ukraine exported $209.61 million worth of…

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Ukraine: KhTZ increases supervisory board

Shareholders of Khartsyzsk Pipe Works have decided to increase the supervisory board from 1 member to 5. According to the company statement, Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova (all top-managers of Metinvest Holding and representatives of Metinvest B.V.) and Ivan Yurchenko (foreign economic activity legal support director of Metinvest Holding) have been appointed…

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Metals of Ukraine & Russia: scrap (grade 2a), March 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056*

min

max

February

117

122

March

125

132

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: no more Russian coal

This year Ukraine doesn’t plan to buy power-generating coal from Russia.

“Our stocks total some 3 million tons, and we will be increasing them. Our goal is to spread the coal, not get it. We have enough coal of our own”, said the energy and coal industry minister Igor Nasalik. (Ukrainian metal)

Ukraine: Turkey wants to buy mines

Turkey is interested in privatizing Ukrainian mines and is prepared to invest into coal industry development. “We had an interesting meeting with our Turkish partners. They can help us financially to revive the industry. They also plan to take an active part in our mine privatization”, said the energy and coal industry minister Igor Nasalik.…

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Ukraine: Volnogorsk GOK to pay 12 million UAH for tailing dump clearing

Volnogorsk Mining and Processing Works has chosen Hydrospetsservice for the tailing dump clearing at Skazhenaya gorge for 12.14 million UAH.

The total volume of the work is 2 million cubic meters, thus it costs 6.07 UAH per cubic meter. Last year the company ordered this work at the same price. (Ukrainian metal)

Ukraine: EMSS to produce equipment for SKMZ

Eneromashspetsstal will produce equipment for Starokramatorsky Machine-Building Works. In particular, EMSS will produce four spare parts weighing 53 tons. “We plan to deliver the upper drum, the bottom sprocket and the gear in the third quarter”, said the company in its statement. SKMZ specializes in the production of processing, precision, press-forging and materials-handling machinery. (Ukrainian…

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