Ukraine: CGOK stands for accumulating environment payments in special funds

Central Mining and Processing Works CEO Dmitry Shevchik suggests to implement the European practice of accumulating environment payments in special funds to be spent on environment protective measures of the payee. “There was such an experiment in Ukraine once, but it didn’t go far. I suggest to return to this initiative and to allow the…

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Ukraine: Dniepropetrovsk region metal companies decreasing pollution

Dniepropetrovsk region has started implementing a new environment program, aimed at decreasing air pollution and improving water quality. Industrial companies of the region will invest over 26 billion UAH into modernization in the nearest decade. This year they have already invested 300 million UAH, with major project underway at Dneprovsky Iron and Steel Works, ArcelorMittal…

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Ukraine: AMKR issues Sustainable Development Report 2015

ArcelorMittal Kriviy Rih has issued Sustainable Development Report 2015. The non-financial report demonstrates the results of the company activity in the sphere of 10 goals of sustainable development: health and safety, products and infrastructure, resources and wastes; air, land and water; energy; supply chains; talented scientists and engineers; development of local communities and the contribution of the…

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Ukraine: Mariupol Ilyich starts producing new cold-rolled metal for Turkey

Mariupol Ilyich Iron and Steel Works has started producing new cold-rolled metal of low-carbon steel for customers from Turkey. “One of the new types of coils is the 3.0×1500 mm coil. We have also started producing rolled metal with chemical limitations on the order of Metinvest Eurasia”, said the company CEO Yuri Zinchenko. The company…

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Ukraine: Lvivugol miners get 40% of May 2016 salary

On July 5, Lvivugol received 10 million UAH for coal delivered to the thermal power plants. The money was spent to pay salary to miners.

According to the first deputy of the Lviv regional state administration head Rostislav Zamlinsky, miners received some 40% of their May salary. (Ukrainian metal)

Ukraine: scrap export-import in H1 2016

In January-June Ukraine exported 233.37 thousand tons of scrap worth $40.99 million, down by 68.4% and 77.5% YoY respectively. According to the customs statistics, provided by the State Fiscal Service, in June scrap exports totaled 26.78 thousand tons, with 112.57 thousand tons in May and 82.47 thousand tons in April, while in Q1 exports were…

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Ukraine: EMSS to sell castings to Russia

Energomashspetsstal will produce bottom plate, upper shoe, punch and ring castings with the total weight of 230 tons for AEM-tekhnologii (Russia).

“The billets for die tooling will be mechanically treated at EMSS. According to the agreement, the products will be supplied in November-December”, said the company in its statement. (Ukrainian metal)

Ukraine: metal revenues down in H1 2016

In January-June metal companies exported $3346.98 million worth of ferrous metals, down by 22.1% YoY. According to the customs statistics of the State Fiscal Service, ferrous metals accounted for 20.13% of the total export revenues down from 23.14% in January-June 2015. In June Ukraine exported $634.66 million worth of ferrous metals. Imports in H1 2016…

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Ukraine: Economy ministry denying giving licenses to export coal from LNR

The Ministry of economical development and trade denies the information about granting licenses to export anthracite coal to a company registered in the Lugansk People’s Republic. “Some mass media have published information that Ukraine exports anthracite coal from uncontrolled territories with the consent of the ministry. This information is contrary to the facts”, said the…

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

Month

Ukrainian market, $/t, without VAT, FCA, $1/UAH25.166*

min

max

April

168

175

May

195

208

* – 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)

Russia: NSMMZ renamed NLMK Ural

NSMMZ (Nizhniye Sergi), a key company in NLMK group’s long products division which operates from three production sites in Sverdlovsk region in the Urals, has been renamed NLMK Ural. The company adopted a new charter and registered the change of name with the Inspectorate of the Tax Service of Russia #30 for Sverdlovsk region. The…

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Ukraine: June 2016 results for ATO zone works

June proved to be extremely unlucky for Ukrainian metal companies mostly because of the railroad strike. Steel smelting dropped by 19% MoM, to 1.87 million tons, pig iron output decreased by 20.5% MoM, to 1.79 million tons. Average daily steel output in June totaled 62.4 thousand tons as opposed to 73.2 thousand tons in May.…

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Ukraine: DTEK to give up Russian coal in favor of Australian coal

DTEK, which produces some 70% of electricity in Ukraine, has received the first offers from power-generating coal suppliers from SAR and Australia, who can sell it at 1.7-2.15 thousand UAH ($68.5-86.6) per ton with 5.7 thousand kcal quality. According to the company commercial director John Woodham, deliveries from the temporarily uncontrolled territories (the so-called Donetsk…

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