Ukraine: Economy ministry denying giving licenses to export coal from LNR

The Ministry of economical development and trade denies the information about granting licenses to export anthracite coal to a company registered in the Lugansk People’s Republic. “Some mass media have published information that Ukraine exports anthracite coal from uncontrolled territories with the consent of the ministry. This information is contrary to the facts”, said the…

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Metals of Ukraine & Russia: scrap (grade 2a), May 2016

Month

Ukrainian market, $/t, without VAT, FCA, $1/UAH25.166*

min

max

April

168

175

May

195

208

* – 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)

Russia: NSMMZ renamed NLMK Ural

NSMMZ (Nizhniye Sergi), a key company in NLMK group’s long products division which operates from three production sites in Sverdlovsk region in the Urals, has been renamed NLMK Ural. The company adopted a new charter and registered the change of name with the Inspectorate of the Tax Service of Russia #30 for Sverdlovsk region. The…

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Ukraine: June 2016 results for ATO zone works

June proved to be extremely unlucky for Ukrainian metal companies mostly because of the railroad strike. Steel smelting dropped by 19% MoM, to 1.87 million tons, pig iron output decreased by 20.5% MoM, to 1.79 million tons. Average daily steel output in June totaled 62.4 thousand tons as opposed to 73.2 thousand tons in May.…

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Ukraine: DTEK to give up Russian coal in favor of Australian coal

DTEK, which produces some 70% of electricity in Ukraine, has received the first offers from power-generating coal suppliers from SAR and Australia, who can sell it at 1.7-2.15 thousand UAH ($68.5-86.6) per ton with 5.7 thousand kcal quality. According to the company commercial director John Woodham, deliveries from the temporarily uncontrolled territories (the so-called Donetsk…

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Ukraine: H1 2016 coal mining down

In January-June Ukrainian companies mined 18975.1 thousand tons of coal, down by 2.6% YoY, or by 496.6 thousand tons. According to the Ministry of energy and coal industry, coking coal mining went up by 7.3% YoY, or by 4357.1 thousand tons, while that of power-generating coal dropped by 5.1% YoY, or by 793.6 thousand tons,…

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Ukraine: DTEK complaining about unstable coal deliveries from occupied Donbass

DTEK draws attention to the highly unstable deliveries of A-grade coal from the terrorist-occupied regions of Donbass.

“The delivery volume is extremely low”, said the DTEK Energo communications department director Irina Milyutina.

According to DTEK, daily deliveries total 7-10 tons. (Ukrainian metal)

Metals of Ukraine & Russia: round billets (ordinary steel), May 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166*

min

max

April

312

327

May

422

432

* – 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)

Ukraine: metal sales to increase

In 2016 metal consumption in Ukraine will grow by 2.6% YoY, or by 3358 million tons, according to Metinvest-SMC. “We believe the rise will continue next year as well. At least all the companies involved should demonstrate better results”, said the company CEO Dmitry Lippa. He also noted the increase in the mining industry by…

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Russia: Norilsk Nickel production chain to undergo major changes

Vladimir Potanin, president of Norilsk Nickel, came to Norilsk. He visited various production sites, where the company carries out its strategic projects, and held business meetings with the Polar Division management to discuss reconfiguration of production, implementation of capacity increase programs, and improvement of the environmental situation in Norilsk industrial region. According to Norilsk Nickel…

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