Ukraine: iron ore prices down since mid-June 2015
Spot prices for iron ore fines crossed $50 per ton in China (CFR) on July 7, having declined 24% since mid-June to $49.6, Concorde Capital informed clients in an online advisory.
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Spot prices for iron ore fines crossed $50 per ton in China (CFR) on July 7, having declined 24% since mid-June to $49.6, Concorde Capital informed clients in an online advisory.
Ukraine to produce 2.2 million tons of steel in August, Metallurgprom said.
Ukrainian export prices are up by $25-30, Russian – by $15-20.
In January-June Interpipe Steel produced 290 thousand tons of steel, down by 38.4% YoY.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.047* min max April 248.20 248.20 May 252.28 252.28 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsIn January-June Ukrainian mining companies exported 23112.35 thousand tons of iron ore raw materials worth $1138.06 million, up by 17.9% and down by 40% YoY respectively.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.047* min max April 386.89 438.62 May 434.13 443.83 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsZaporizhstal, Odessa Port Works and Kernel-Trade received the largest VAT-reimbursements in June.