In January-June Poltava Mining and Processing Works exported 5.74 million tons of iron ore pellets. Products went mostly to Europe and Near East countries, as well as to Japan, China and Korea. Central GOK exported 1.1 million tons of pellets. In H1 2016 PGOK produced 5.72 million tons of iron ore pellets, with CGOK producing…
DetailsIn 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)
On July 19, the quotation committee of the Ukrainian Stock Exchange decided to exclude Donetskkoks shares from the exchange list. The decision came into effect on July 20. The exclusion followed the rules of the Ukrainian Stock Exchange due to the registration of the issuer as the private joint-stock company. Since July 1, the Ukrainian…
DetailsIn 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)
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)
In January-June DTEK Pavlogradugol received 656.51 million UAH of net losses, up 8.4 times YoY, or by 578.33 million UAH. According to the company statement, its net profit decreased by 0.9% YoY, or by 84.44 million UAH, to 9780.51 million UAH. In H1 2016 DTEK Pavlogradugol manufactured 5953.59 thousand tons of coal products and sold…
DetailsIn 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)
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)
In January-June Donetskstal received 963.12 million UAH of losses, down by 69.96% YoY, or by 2.24 billion UAH. The company net income increased by 14.15% YoY, or by 775.32 million UAH, to 6.25 billion UAH. In April-June Donetskstal received 693.03 million UAH of profits, having increased its net income by 1.1% YoY, or by 35.5…
DetailsIn June Ukraine exported $181.59 million worth of flat rolled metal, with imports on the level of $53.04 million. According to the State Fiscal Service, the main importer of Ukrainian flat rolled metal in June was Russia ($37 million). In January-June Ukraine exported $846.87 million worth of flat rolled metal, while imports totaled $239.48 million.…
DetailsIn 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)
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…
DetailsKAZ Minerals company reduced the cost of the expected Aktogay copper mine project in Kazakhstan by $100 million to $2.2 billion, the company reported. “The project has benefited from the experience gained at Bozshakol mine project and from the use of local contractors following the 2015 tenge devaluation”, the company’s message said. The lowered budget…
DetailsMetalloinvest has redeemed its debut eurobond issue. The eurobonds for a nominal amount of $750 million were issued on the London Stock Exchange in 2011 with a five-year maturity period and an annual coupon rate of 6.5%. The redemption of the debut Eurobond issue and coupon payments were executed in full and in accordance with…
DetailsThroughput 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…
DetailsAzovstal Iron and Steel Works plans to have completed the construction of pulverized coal injection plant (PCI) by the end of this year and phase out natural gas for ironmaking. Pre-assembly of PCI steel structures is currently in progress. Metinvest Engineering, LLC acts as the General Contractor and the General Designer in this project. The…
DetailsPoltava 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)
In June Nikopol Ferroalloy Plant produced 51 thousand tons of silicomanganese, down by 17.3% MoM, or by 10.7 thousand tons, to 51 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, its ferromanganese output dropped by 45.8% MoM, or by 2.7 thousand tons, to 3.1 thousand tons. In January-June NZF produced 334.5 thousand tons…
DetailsIn 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)
The preparation to put the second section of Avdiivka Coke and Chemical Works into operation, started on July 21, was stopped because of another shelling. On July 21, the company CEO Musa Magomedov informed that 2 damaged electricity lines were repaired. This allowed Avdiivka Coke to start preparing the second section of the works for…
DetailsIn 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)
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)
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)
Metinvest reports on difficulties working on the Customs Union market due to the cancellation of zero duties on Ukrainian metal products. “Even where there is no antidumping duties we have to pay 5% import duties. This makes it harder to work, but still we have a strong distribution trade company in Russia and Belarus. We…
DetailsHighland 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…
DetailsIn 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)