At a meeting held on August 12, NLMK Group’s Board of Directors recommended NLMK shareholders to approve of payment of Q2 dividends at the upcoming Extraordinary General Shareholder Meeting (EGM) to be held on September 30. NLMK Group’s Board of Directors recommended NLMK shareholders to approve of Q2 dividends of 6,473 million RUB, or 1.08…
DetailsChelPipe Group has announced IFRS Financial Results for H1 2016. According to its press release, the gross profit went up by 2% to 21,94 million rubles, with EBIDTA growing by 2,5 million rubles. The EBITDA margin rose by 5.7% to 24.7% as a result of the improved shipments structure, in particular, increased OCTG share and…
DetailsArcelorMittal Kriviy Rih is implementing a major investment program on development valued at $1.2 billion. Among other things the company plans to reconstruct converter shop and build new has-purifying machines. Also AMKR intends to develop its rolling manufacture, switch its MS 250-4 shop to 150 mm square billets and construct a new rod line at…
DetailsEvraz Yuzhkoks has started producing coke of premium quality with 62.4% strength after reaction (CSR). According to the company statement, previously this index was on the level of 50-55%. “This increases the competitiveness advantages of our works and lets us expand sales markets, including foreign ones”, said the company. Strength after reaction is one of…
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Russian market, $/t, EXW, without VAT, $1/RUR64.2575* |
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min |
max |
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| May |
586 |
731 |
| June |
586 |
783 |
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In January-June CHTPZ Group pipe companies (Chelyabinsk pipe-rolling and Pervouralsk New Pipe Works) have shipped 865 thousand tons of steel pipes to consumers, down by 19% YoY, or by 206 thousand tons. The decrease is explained by the drop in the large diameter pipes (LDP) demand. This trend is observed at all major Russian manufacturers.…
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Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* |
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min |
max |
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| May |
510 |
565 |
| June |
412 |
429 |
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Because of the Ukrzaliznytsia problems with cargo transportation, metal works suffer from raw materials deficiency and lose market opportunities and export revenues. “Weak spots in railroad infrastructure, shortage of locomotives and fuel, ineffective coordination of Ukrzaliznytsia resources cost our country some $1.8 billion of not received foreign currency revenues in metal sector. And that’s almost…
DetailsUkrmetallurgprom forecasts steel output on the level of 2 million tons in September, with pig iron also at 2 million tons and rolled metal at 1.7 million tons. After the drop in June, affected by the railroad strike in Donetsk and Lugansk regions, July saw a certain stabilization of raw materials delivery to metal companies…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 451 2157 565 565 June 458 2157 429 429 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn 2016 Ural Mining-Metallurgical Company is going to decrease copper cathodes output by 10% YoY. According to the company CEO Andrei Kozitsyn, the targeted amount is 350 thousand tons. He gave two reasons for this: the decrease of copper contents in ore with the same level of output (24-25 million tons per year) and the…
DetailsIn January-July Ukrainian metal companies consumed 7.5 billion kWh of electricity, up by 6% YoY. Electricity consumption in 2015 dropped by 13% YoY, to 12.4 billion kWh. In January-July Ukraine produced 14.49 million tons of steel, 14 million tons of pig iron and 12.68 million tons of rolled metal, all up by 10.5%, 16.3% and…
DetailsIn 2016 Ural Mining-Metallurgical Company plans to produce 350 thousand tons of copper, down by 10% YoY. Copper content in ore is dwindling, even though ore mining remains the same – around 24-25 million tons. The company expects the situation to improve in 2020-2021, when new capacities are put into operation and ore mining increases.…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 346 640 436 525 June 486 640 397 441 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsAt present Ukrzaliznytsia cannot transport cargo for mining-metallurgical complex of Ukraine in full due to the lack of cars and trains, as well as weak purchases of fuel and spare parts. “This is mostly our fault. We can’t satisfy the needs of our clients”, said the state enterprise head Wojciech Balczun. According to him, Ukraine…
DetailsIn early August Black Sea pig iron prices were stable, while manufacturers slightly increased their prices and were even to gain some success. Black Sea region offers were on the level of $240-245 per ton FOB without middlemen for Turkey, Italy and USA buyers. This corresponds to the September produced pig iron prices for delivery…
DetailsMonth Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max May 208 375 340 365 340 370 June 277 375 305 315 300 315 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16…
DetailsNovokramatorsk Machine-Building Works has produced 3 crushers for ArcelorMittal Kriviy Rih. “Crushers will be used to break mineral resources used in metal manufacture”, said the company in its statement. The capacity of the reversible hummer crusher is 250 tons per hour, and that of the four-roll crusher – 16 tons per hour. All crushers will…
DetailsIn January-July metal companies consumed 990 million cubic meters of natural gas, down by 20% YoY. In July gas consumption increased by 2.4% MoM, to 128 million cubic meters. Average daily gas consumption in January-July totaled 4.7 million cubic meters as opposed to 5.8 million cubic meters in January-July 2015. Average daily July consumption dropped…
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Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* |
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min |
max |
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| May |
384 |
448 |
| June |
406 |
443 |
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In January-July Dneprovsky Iron and Steel Works produced 1.2 million tons of rolled metal, down by 15.8% YoY. According to the company statement, steel smelting dropped by 14.5% YoY, to 1.2 million tons, while pig iron output decreased by 10%, to 1.2 million tons. In July DMK produced 0.18 million tons each of rolled metal,…
DetailsAccording to Russian Trade Statistics data, the pig iron exports in May jumped significantly higher when compared with the exports during same month a year before. Also, the exports registered a significant increase from the previous month. Russia’s pig iron exports totaled 445,673 tons in May. The total exports were up by 33.7% YoY. Also,…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 34 42 40 44 June 35 44 41 45 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsFitch has increased the long-term rating of Ferrexpo plc (UK), which controls Poltava and Yeristovo Mining and Processing Works, from CCC to CC. The agency has also confirmed the company short-term rating on the C level. Rating increase is explained by the Ferrexpo liquidity improvement due to higher iron ore prices in H1 (on average…
DetailsMariupol Ilyich Iron and Steel Works has started producing galvanized rolled metal of low-carbon DX52D grade steel. Order for that rolled metal came from several consumers around Ukraine. “We have developed the optimal chemical composition, rolling parameters and the production technology”, said the company CEO Yuri Zinchenko. A part of the metal ordered has already…
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Ukrainian market, $/t, without VAT, FCA, $1/UAH24.854* |
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min |
max |
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| May |
197 |
211 |
| June |
149 |
153 |
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)