ArcelorMittal Kriviy Rih hosted an annual shareholders meeting.
According to the reports, last year AMKR received 46.26 billion UAH of net income, with net profits totaling 1.38 billion UAH. Shareholders decided to spend the profits on the company development.
The shareholders meeting at AMRK is held annually not later than April 30. (Ukrainian metal)
Energomashspetsstal will produce a batch of back up rolls for Mariupol Ilyich Iron and Steel Works.
According to the company statement, EMSS will produce 12 back up rolls for hot- and cold-rolled mills. The total weight of the rolls to be delivered this year is 240 tons. (Ukrainian metal)
In 2015 Vostochny Mining and Processing Works received 13.27 million UAH of profits.
According to the Ministry of economical development and trade, the company CEO salary in 2015 totaled 462.6 thousand UAH. Alexander Sorokin has been the general director of VostGOK since 2008. The company produces 3.3% of the world uranium. (Ukrainian metal)
Month Russian market, $/t, DDP, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, DDP, $1/UAH26.218056* min max min max February 694 954 691 760 March 644 886 721 792 * – 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…
DetailsIn January-March Kharkiv region increased its industrial product output by 5.2% YoY. According to the State Statistics Service, mining products output went up by 3.7%, that of coke – by 27.7%, and of metal wares – by 26.8%, all YoY. Experts say that the situation in the region is stabilized, companies are working as best…
DetailsShareholders of Zaporozhye Aluminum Works have dismissed Anna Matis from the office of the supervisory board chairman and appointed Natalia Pavlyuk, a representative of the State Property Fund, instead. According to the company statement, Alexei Arnautov and Jana Tikhonova, as well as the State Property Fund representatives Natalia Kharina, Irina Lepyavko, Anastasia Mankovskaya and Svetlana…
DetailsIn March Ukraine produced 1149 thousand tons of 6% moisture bulk coke, up by 7.3% MoM, or by 78 thousand tons.
According to Metallurgprom, in January-March bulk coke output increased by 35.2% YoY, or by 861 thousand tons, to 3310 thousand tons. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 285 554 284 362 March 298 507 290 362 * – 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…
DetailsThe supervisory board of Stalkanat-Silur has reelected Vladimir Nemirovsky its chairman.
According to the company statement, Nemirovsky has been in this office since June 27, 2014. He owns 50% shares of the company. His office has been extended for 3 years.
Magnitogorsk Iron and Steel Works announces that Moody’s Investors Service has upgraded the company’s corporate family rating to Ba1 from Ba2 and probability of default rating to Ba1-PD from Ba2-PD. The assigned rating corresponds with the sovereign rating of Russia and brings MMK to the club of Russia’s metals & mining majors – Severstal, NLMK…
DetailsAvdiivka Coke and Chemical Works, Metinvest and Avdiivka city council have signed an agreement on social partnership for 2016. According to the document, financing of social programs will be increased to 9.5 million UAH. The agreement was signed by Metinvest CEO Yuri Ryzhenkov, Avdiivka Coke general manager Musa Magomedov, the city mayor Yuri Cherkasov and…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max February 178 225 142 188 180 193 175 193 March 192 225 155 206 235 250 190 250…
DetailsKrasnodonugol is preparing to rent state assets for free. It would be the first private company to get the official permission to use state property free-of-charge. The Commercial Court of Lugansk Region has allowed the company to make amendments to the agreement on the rent of Krasnodonuglepostavka, signed back in 2006 by the State Property…
DetailsHead of the Verkhovnaya Rada Committee on industrial policy and entrepreneurship Victor Galasyuk has asked the President of Ukraine Petro Poroshenko to sign the decree #3868. The decree provides for the tri-fold increase of scrap exports duty to eliminate the critical shortage of this raw material. “This decree will make Ukrainian metal companies constantly receive…
DetailsIn 2015 AzovElektroStal received 2.87 billion UAH of losses, up by 22.47% YoY, or by 527.27 million UAH. According to the company statement, its net income in 2015 went down by 94.2% YoY, or by 301.24 million UAH to 18.55 million UAH. In 2014 AzovElektroStal received 2.34 billion UAH of net losses, having decreased its…
DetailsGlencore International AG (Glencore) plans to supply 200 thousand tons of alumina to Tajikistan for the Tajik Aluminum Company (TALCO) this year, according to the TALCO press service. On April 19, visiting CEO at Glencore International AG, Mr. Ivan Glasenberg, reportedly met here with senior representatives of TALCO. The two sides reportedly discussed prospects of…
DetailsThe board of directors of Severstal is recommending a dividend of 8.25 roubles per share for the first three months of the financial year ended on March 31. Approval of the dividend is expected at the company’s AGM, which will take place on June 24. If the dividend payment is approved at the AGM, the…
DetailsShareholders of Interpipe Novomoskovsk Pipe Works have changed 3 out of 7 supervisory board members. According to the company statement, shareholders have reelected Oleg Rosenberg, Denis Morozov, Maxim Paliy and Inna Lyubimenko as the supervisory board members. They have also dismissed Anna Vorotintseva, Andrei Likhomanov and Interpipe Limited, appointing Julia Sova, Ruslan Zvonenko and Oleg…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, FOB Black sea ports min max min max min max February 294 634 247 271 275 275 March 296 634 266 318 350 360 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16…
DetailsIn March Ukraine produced 80 thousand tons of steel pipes, up by 48.1% MoM, or by 26 thousand tons.
According to Metallurgprom, in January-March pipe output totaled 187 thousand tons, down by 15% YoY, or by 34 thousand tons. (Ukrainian metal)
Shareholders of Energomashspetststal have dismissed Evgeny Pakermanov from the office of a supervisory board member and appointed Sergey Filatov instead. According to the company statement, Filatov worked as the deputy CEO and economy director at Atomenergomash (Russia). He owns no EMSS shares. Shareholders also reelected Andrei Nikipelov, Sergey Kuleshov, Vladimir Razin, Julia Chizhova, Sergey Udovenko,…
DetailsNikolaev Alumina Works has received unique equipment for continuous removal of large particles from slurry that comes from bauxite mills. “This equipment will let us divide blow-off slurry into production slurry and sand, thus increasing the effectiveness of our manufacturing process. We would also be able to process high-quality Hawaiian and Brazilian bauxites, as well…
DetailsThe head of Donetsk regional military-civilian administration Pavel Zhebrivsky has visited the state mine 1/3 Novogrodovskaya, where a new breakage face has been put into operation.
The project cost 17 million UAH. The administration plans to mine 2 thousand tons of coal per day. The reserves will last till December. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, FOB Black sea ports min max min max min max February 249 333 225 271 290 305 March 267 376 262 271 350 400 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16…
DetailsIn the first quarter of 2016 Zaporizhstal has paid 1.2 billion UAH to budgets of all levels, up by 45% YoY. The company is one of the largest taxpayers in Zaporozhye region and Ukraine. Zaporizhstal has paid 197 million UAH to the city budget, up by 80% YoY. In 2015 the company paid 2.5 billion…
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