Ukraine: steel semis export-import in June 2016

In June Ukraine exported $195.82 million worth of steel semi-finished products, while imports reached $0.71 million.

According to the State Fiscal Service, in June the main importer of Ukrainian semis was Italy ($70.07 million).

In January-June Ukraine exported $1102.36 million worth of steel semis, with imports on the level of $5.61 million. (Ukrainian metal)

Ukraine: ZALK losses down in H1 2016

In January-June Zaporozhye Aluminum Works received 281.99 million UAH of losses, down 4 times YoY, or by 879.2 million UAH.

According to the company statement, its income dropped by 91.7% YoY, or by 74.63 million UAH, to 6.74 million UAH. (Ukrainian metal)

Ukraine: ferroalloys export-import in June 2016

In June Ukraine exported $65.15 million worth of ferroalloys, while imports totaled $7.67 million.

According to the State Fiscal Service, the major importer of Ukrainian ferroalloys in June was Italy ($12.46 million).

In January-June Ukraine exported $339.18 million worth of ferroalloys, with imports on the level of $38.72 million. (Ukrainian metal)

Ukraine: manganese output up in June 2016

In June manganese concentrate and sinter output went up by 18.9% MoM, or by 22.9 thousand tons, to 144.2 thousand tons.

According to the Association of Ukrainian Ferroalloy Producers, in January-June Ukraine produced 403.8 thousand tons of manganese concentrate and sinter, down by 37.1% YoY, or by 237.8 thousand tons. (Ukrainian metal)

Ukraine: iron ore export-import in June 2016

In June Ukraine exported $141.69 million worth of iron ore, while imports reached $4.5 million.

According to the State Fiscal Service, the main importer of Ukrainian iron ore in June was China ($41.78 million).

In January-June Ukraine exported $817.22 million worth of iron ore, with imports at $51.47 million. (Ukrainian metal)

Ukraine: Metinvest EBITDA up in May 2016

In May Metinvest group increased its EBITDA by 29.3% MoM, or by 46 million UAH, to $203 million.

The group income went up by 6.18% MoM, or by $31 million, to $533 million.

In April Metinvest had EBITDA of $157 million, and $91 million in May. (Ukrainian metal)

Ukraine: Ferrexpo hopes to get permission to start constructing BGOK in December 2016

Ferrexpo plc, controlling Poltava Mining and Processing Works, hopes that all the permission procedures to allow the construction of Bilanovsky Mining and Processing Works, will be completed in December. According to PGOK chairman Victor Lotous, the main problem now is the purchase of land plots. From the time the construction works start and the first…

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Russia: coal exports via Rosterminalugol hit 9 million tones milestone in 2016

Throughput of Rosterminalugol in 2016 has reached 9 million tons year-to-date, the company’s press release says. The milestone ton was loaded on July 20. Rosterminalugol was established in 1996 to build and operate the coal terminal at Port of Ust-Luga. The company specializes in loading / unloading operations, freight forwarding services, building and maintenance of…

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Ukraine: PGOK gas consumption down

Poltava Mining and Processing Works has decreased gas consumption by 33%, or by 5 million cubic meters, to 10 million cubic meters.

According to the company chairman Victor Lotous, PGOK used sunflower seed husks instead of gas to make pellets. This allows the company to save some 50-60 million UAH annually. (Ukrainian metal)

Ukraine: ZZF ferroalloys output down in June 2016

In June Zaporozhye Ferro Alloys Plant produced 24.5 thousand tons of ferroalloys, down by 1.2% MoM, or by 0.3 thousand tons.

According to the Association of Ukrainian Ferroalloy Producers, in January-June ZZF decreased ferroalloys output by 12% YoY, or by 18.5 thousand tons, to 135.1 thousand tons. (Ukrainian metal)

Ukraine: long rolled metal export-import in June 2016

In June Ukraine exported $146.95 million worth of long rolled metal, while imports reached $12.3 million.

According to the State Fiscal Service, the main importer of long rolled metal in June was Russia ($23.78 million).

In January-June long rolled exports totaled $821.4 million, with imports on the level of $68.41 million. (Ukrainian metal)

Ukraine: AMKR fires Chugh

On July 15, ArcelorMittal Kriviy Rih dismissed Davinder Chugh from the office of the supervisory board member.

According to the company statement, Chugh has been in this office for 2 years and has resigned. (Ukrainian metal)

Ukraine: Zaporozhogneupor to buy raw materials in Japan

Supervisory board of Zaporozhogneupor has given its preliminary consent to buy magnesite and graphite valued at 142.5 million UAH from Minmetals Japan Corporation.

The corresponding decision was taken on July 15. (Ukrainian metal)

Russia: Nornickel announces the sale of stake in the Bystrinsky project

Highland Fund, a consortium established by prominent Chinese investment funds and corporations, made payment for a share in the joint venture set up together with Norilsk Nickel to develop Bystrinsky project in compliance with the signed agreement. The payment has been made after the Russian government Commission on Monitoring Foreign Investment had approved acquisition of…

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Ukraine: steel output down in June 2016

In June Ukraine produced 1830 thousand tons of steel, down by 20.7% MoM, or by 477 thousand tons.

In January-June steel manufacture went up by 10.4% YoY, or by 1168 thousand tons, to 12417 thousand tons. (Ukrainian metal)