ArcelorMIttal Kriviy Rih has dismissed three members of the supervisory board ahead of time. Among them is the ex-head of the President Secretariat Oleg Rybachuk. According to the company statement, Frantisek Chowaniec and Gerhard Renz have also been dismissed. At the same time ArcelorMittal Berislav has dismissed Wilhelmer Michael from the office of the supervisory…Details
The state enterprise “Ukrpromvneshexpertiza” believes scrap prices to fall in the summer period. Local prices will be on the level of 3300-4100 UAH per ton till mid-July, and 3300-3800 UAH per ton till mid-August. HMS 1&2 CIF Turkey will cost $210-250 per ton. In May – early June scrap price dropped from $325 per ton…Details
In May Ukraine received 301 thousand tons of scrap while it needed 375 thousand tons. “Scrap deficiency went up 2 times YoY from the year start”, said Interpipe finance director Denis Morozov. The company explains increase of the scrap deficiency in May with the activization of exports. Despite the court decree 113 thousand tons of…Details
In May Ukraine exported $65.93 million worth of ferroalloys, while imports reached $6.1 million.
According to the State Fiscal Service, Italy was the largest importer of Ukrainian ferroalloys in May ($15.97 million).
In January-May Ukraine exported $274.03 million worth of ferroalloys, with imports on the level of $31.03 million. (Ukrainian metal)
The supervisory board of Trubostal has dismissed Vladimir Dzyuba from the office of the general director and appointed Vladimir Sparinyak, who previously worked as the sales director of Metinvest SMC. Dzyuba was appointed on February 1, 2015. Sparinyak has been appointed till December 31, 2016. In 2015 Trubostal received 4 million UAH of net profits,…Details
In May Ukraine exported $32.8 million worth of pig iron, while imports were on the level of $0.06 million.
According to the State Fiscal Service, Turkey was the major importer of Ukrainian pig iron in May ($14.49 million).
In January-May Ukraine exported $152.84 million worth of pig iron, with imports at $0.24 million. (Ukrainian metal)
NLMK Group has extended the management board of NLMK International B.V., a holding company for NLMK’s international assets. The number of board members has been increased to five with the appointment of Mr. Cornelius Louwrens to the newly introduced position of director of operational efficiency. Mr. Louwrens has over 20 years’ experience in senior positions…Details
The supervisory board of the machine-building works “Svet Shakhtera” has appointed Alexander Kovalchuk chairman of the board. According to the company statement, Irina Kiryanova, Gennady Vysotsky, Alexander Dyatlov, Vadim Leontiev and Vadim Dergousov have been appointed members of the supervisory board. At the same time Larisa Rak, Victor Kirilenko and Leonid Yevglevsky have been dismissed…Details
In May Ukraine produced 6551 thousand tons of iron ore and concentrate, up by 1.5% MoM, or by 97 thousand tons. In particular, iron ore production decreased by 2.4% MoM, or by 27 thousand tons, to 1111 thousand tons, while that of iron ore concentrate went up by 2.3% MoM, or by 124 thousand tons,…Details
In July Ukraine will produce 2.2 million tons of steel, 2.1 million tons of pig iron and 1.9 million tons of rolled metal, Metallurgprom believes. Railroaders strike in late May – early June paralyzed raw materials and products deliveries to and from some metal and coke companies, and this resulted in a considerable decrease of…Details
The head of the Donetsk region Pavel Zhebrivsky together with the people’s deputy Sergey Sazhko and the local authorities visited Krasnogorovka Refractory Works. The company has been idle for 2 years. Now it plans to start operating and employ some 500 people. “The works ceased operating because of the active military activities and the absence…Details
In May Ukraine imported $21.79 million worth of coke, while exports reached $2.29 million.
According to the State Fiscal Service, Poland supplied most of the coke ($13.51 million).
In January-May Ukraine imported $75.49 million worth of coke, with exports on the level of $10.81 million. (Ukrainian metal)
In May Ukraine produced 2246 thousand tons of pig iron, up by 8.9% MoM, or by 183 thousand tons.
In January-May pig iron production went up by 21.5% YoY, or by 1798 thousand tons, to 10162 thousand tons. (Ukrainian metal)
In May Ukraine produced 2003 thousand tons of rolled metal, down by 0.6% MoM, or by 13 thousand tons.
In January-May rolled metal output increased by 16.4% YoY, or by 1309 thousand tons, to 9314 thousand tons. (Ukrainian metal)
In May Ukraine exported $164.17 million worth of iron ore, while imports totaled $7.24 million.
According to the State Fiscal Service, most imports came from China ($59.79 million).
In January-May Ukraine exported $675.52 million, with imports at $46.45 million. (Ukrainian metal)
In May Ukraine produced 2307 thousand tons of steel, up by 5% MoM, or by 110 thousand tons.
In January-May steel production increased by 14.5% YoY, or by 1337 thousand tons, to 10587 thousand tons. (Ukrainian metal)
Kramatorsk prosecutors have filed a claim against Kondratyevsky Refractory Works, situated in Druzhkovka, Donetsk region. According to the prosecutors press-service, the works haven’t been paying for subsidized pensions. Thus it has a debt of over 400 thousand UAH to the Pension Fund of Ukraine. Prosecutors want to get this money with the help of the…Details
In May Ukraine exported $19.4 million worth of ferrous metals, while imports reached $1.09 million.
According to the State Fiscal Service, the largest importer of Ukrainian scrap in May was Turkey ($19.4 million).
In January-May Ukraine exported $36.25 million worth of ferrous metals, with imports on the level of $2.87 million. (Ukrainian metal)
“There were two organizations in Ukraine that supported interests of the metal makers. They were Metallurgprom and Ukrmet”, said the Ukrmetallurgprom vice-president Dmitry Belokurov.
Alexander Kalenkov was elected the president of the company. (Ukrainian metal)
Norilsk Nickel, a global nickel and palladium major, and BASF, a leader in the chemical industry, have made a joint statement regarding continuing their relationship based on the mutual exchange of ideas as well as information regarding market opportunities. As leaders in their respective industries, their joint purpose is to create innovative technologies that add…Details
NLMK closed its $700 million 7-year Eurobond offering with an annual coupon rate of 4.5%. Interest payments on the Eurobonds are payable semi-annually. The proceeds from the issue will be used to finance the purchase of existing notes due 2018 and 2019 in accordance with the terms and conditions of the tender offer announced May…Details
In January-May Mariupol Ilyich Iron and Steel Works produced 1.08 million tons of rolled metal, up by 9.7% YoY. According to the company statement, its steel smelting went up by 9.6% YoY, to 1.22 million tons, while pig iron output increased by 6.9%, to 1.51 million tons. In May the works produced 237 thousand tons…Details
Alexei Potanin has been appointed acting general director of Lisichanskugol instead of Boris Perepelitsa, who has been heading the company since March. The Ministry of energy and coal industry appointed Potanin on June 13. In 2010 he worked as the acting director of Lutugin Mine Group, in 2011-2014 in coal sales company Ruteks. Lisichanskugol mines…Details
In January-May Evraz Sukhaya Balka produced 1.05 million tons of iron ore, down by 8.2% YoY.
According to a company representative, in May it mined 261 thousand tons of ore.
In 2015 Evraz Sukhaya Balka produced 2.81 million tons of ore, down by 2.7% YoY. (Ukrainian metal)