Interpipe has been hiring young specialists without industrial experience but capable of training and self-development. “We’re creating a team of professionals from other well-known companies in the CIS and people with no experience, but wanting to learn”, said the company R&D director Gennady Yesaulov. In particular, employees without experience are needed in steel production. “We…
DetailsArcelorMittal Kriviy Rih will shut down one of its blast furnaces; two coking batteries and a sintering shop because they don’t correspond to the environmental directives of EU according to BAT. “Ukraine has no BAT norms as yet, but AMKR European companies have already switched to them”, said the company environmental director Liana Maksimenko. AMKR…
DetailsThe sole primary aluminum producer in Ukraine – Zaporozhye Aluminum Works – plans to renew manufacture of aluminum wire rod in August. “The works is taking all the necessary actions to start producing aluminum wire rod”, said the company in its statement. During its halt the company has lost its leading positions on the European…
DetailsAccording to the State Fiscal Service, in January-June Ukrainian metal companies imported 45.04 thousand tons of hot-briquetted iron valued at $7.18 million, up 7 times and 4.3 times YoY respectively. In June Ukraine imported 0.62 thousand tons of HBI, with 17.63 thousand tons in May, 12.82 thousand tons in April, 11.99 thousand tons in March…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max April 334 527 304 351 308 602 318 478 May 460 596 456 477 421 652 418 586 * –…
DetailsRussian steel makers Severstal and MMK Group may lose $80 million and $60 million on EBIDTA margin respectively because of the EU duties on steel products, according to an analytical review by Aton. These losses account for about 5% of consensus-forecast on EBITDA for Severstal in 2016 and up to 4% for MMK, analysts said.…
DetailsAccording to its program of technical modernization Zaporizhstal has stopped its blast furnace No. 4 for capital repairs with elements of reconstruction and modernization. The total cost of the overhaul will reach 170 million UAH. The modernization will decrease coke expense and provide for the smooth operation of the equipment. In 2014 BF No. 4…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* Export, Ukraine, $/t, FOB Black sea ports min max min max min max April 308 439 357 362 440 490 May 337 551 440 507 405 440 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16…
DetailsIn June Zaporozhogneupor increased its refractory output. According to the company statement, refractory products output increased by 11%, that of aluminous wares – by 55%, high-aluminous wares – by 1%, concretes and masses – by 7%, refractory mixes – by 31%, all YoY. The works produced 4035 tons of aluminous wares, 673 tons of high-aluminous…
DetailsIn January-June Ukraine exported 105.68 thousand tons of coke valued at $13.09 million, up by 34.7% and down by 8.3% YoY respectively. According to the State Fiscal Service customs statistics, the main importers of Ukrainian coke were Georgia (49.26%), Bulgaria (9.85%) and Belarus (9.67%). In H1 2016 Ukraine imported 711.86 thousand tons of coke valued…
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Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* |
|
|
min |
max |
|
| April |
285 |
285 |
| May |
283 |
310 |
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Coal Energy S.A. board of directors decided to sell its Donbassuglerazrabotka (Vasily Veliky mine, Donetsk) to minimize losses. “To bring the mine to the profitable level will require too much investments, while ours are highly limited”, said the company in its statement. Coal Energy unites 10 coalmines and processing units. In July 2015 – June…
DetailsIn June Dneprovsky Iron and Steel Works failed the output targets again. According to the company statement, output targets and results depended on the raw materials availability, but the coke shortage resulted in the failure. Since late June coke has been delivered from Alchevsk Coke, Yevraz Yuzhkoks and Dneprokoks, but that was not enough to…
DetailsIn January-June Avdiivka Coke and Chemical Works produced 1227.65 thousand tons of dry metallurgical coke, up by 74.9% YoY. 25+ mm blast-furnace coke (KDM2) output totaled 1900.21 thousand tons, that of KDM1 – 226.75 thousand tons up from 368.55 thousand tons and down from 333.51 thousand tons in H1 2015. In June the results were…
DetailsIn January-June Ukraine exported 1017.78 thousand tons of steel-making pig iron valued at $192.98 million, up by 27.8% and down by 11.5% YoY respectively. According to the State Fiscal Service, the main importers of Ukrainian pig iron were Turkey (31.53%), USA (26.58%) and Italy (24.87%). In January-June Ukraine imported 1.08 thousand tons of pig iron…
DetailsMonth Russian market, $/t, DDP, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.166* min max min max April 665 900 721 1750 May 635 900 720 1750 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsThe European Union initiated an antidumping probe against supplies of hot-rolled steel from Russia, Brazil, Iran, Serbia and Ukraine. “The European Commission (EC) has received a complaint pursuant to Article 5 of Council Regulation that Russia and Ukraine are being dumped and are causing material injury to the Union industry”, the EC said. The probe…
DetailsThe Commercial Court of the Lviv region has named the privatization of the Chervonograd Central Processing Factory illegal. The lawsuit to the regional department of the State Property Fund and Lviv Coal Company on behalf of the Ministry of energy and coal industry was filed by the prosecutors. The court has cancelled the fund decrees…
DetailsIn January-June Ukraine imported $678.2 million worth of anthracite and coal, with $102.09 million in June. According to the State Fiscal Service, Russia supplied $446.26 million worth of coal, USA – $95.93 million, Australia – $43.28 million, and other countries – $92.72 million. The total volume of coal supplied reached 7779.35 thousand tons. At the…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max April 434 655 521 561 422 569 May 498 710 521 571 422 569 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to…
DetailsCentral Mining and Processing Works CEO Dmitry Shevchik suggests to implement the European practice of accumulating environment payments in special funds to be spent on environment protective measures of the payee. “There was such an experiment in Ukraine once, but it didn’t go far. I suggest to return to this initiative and to allow the…
DetailsDniepropetrovsk region has started implementing a new environment program, aimed at decreasing air pollution and improving water quality. Industrial companies of the region will invest over 26 billion UAH into modernization in the nearest decade. This year they have already invested 300 million UAH, with major project underway at Dneprovsky Iron and Steel Works, ArcelorMittal…
DetailsArcelorMittal Kriviy Rih has issued Sustainable Development Report 2015. The non-financial report demonstrates the results of the company activity in the sphere of 10 goals of sustainable development: health and safety, products and infrastructure, resources and wastes; air, land and water; energy; supply chains; talented scientists and engineers; development of local communities and the contribution of the…
DetailsMariupol Ilyich Iron and Steel Works has started producing new cold-rolled metal of low-carbon steel for customers from Turkey. “One of the new types of coils is the 3.0×1500 mm coil. We have also started producing rolled metal with chemical limitations on the order of Metinvest Eurasia”, said the company CEO Yuri Zinchenko. The company…
DetailsOn July 5, Lvivugol received 10 million UAH for coal delivered to the thermal power plants. The money was spent to pay salary to miners.
According to the first deputy of the Lviv regional state administration head Rostislav Zamlinsky, miners received some 40% of their May salary. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* Export, Ukraine, $/t, FOB Black sea ports min max min max min max April 322 656 306 388 420 440 May 407 747 370 453 420 440 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16…
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