Russian metals holding Metalloinvest plans to make an initial public offering (IPO) and is waiting for a good market environment, a spokesman for the company reported. “Metalloinvest is procedurally ready for the IPO in many respects and the degree of readiness will be even higher after the completion of the shareholder capital reorganization. The iron…
DetailsThe key investment project of NLMK Group’s Strategy 2017 – the construction of a pelletizing plant at Stoilensky, – has been recognized as the 2016 Event of the Year in the Russian steel industry. Experts announced their findings at the Metal-Expo’2016 international exhibition. Konstantin Lagutin, NLMK Group’s VP for Investment Projects, received the winner’s diploma…
Details|
Month |
Russian market, $/t, EXW, without VAT, $1/RUR63.16* |
|
|
min |
max |
|
| August |
581 |
652 |
| September |
559 |
635 |
* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Investors from China and Qatar are considering filing a bid to buy a 25% stake in Russia’s largest gold producer Polyus from Polyus Gold International Ltd (PGIL), which owns 61.37% in the company. The parties have not yet reached any agreement on the matter. The stake is estimated at about $3.3 billion. Earlier PGIL was…
DetailsThe authorities of the so-called Donetsk People’s Republic (the Russia-supported terrorist organization) try to put the idle Donetsk Electrometallurgical Plant back into operation. According to the company new director Alexander Zubov, some 400 people, mostly ex-employees, are trying to assemble equipment. After the works is up and running it will be able to produce some…
DetailsIn January-September Kamensk-Uralsk Non-Ferrous Metals Processing Works increased exports. In particular, exports went up from 24% to 32% in the total volume of sales. 66% of the goods exported are the rolled brass, but due to the low marginality it is being transferred to the local market. The company strives to increase rolled copper sales.…
Details|
Month |
Russian market, $/t, EXW, without VAT, $1/RUR63.16* |
|
|
min |
max |
|
| August |
567 |
796 |
| September |
567 |
796 |
* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Corum Group intends to supply the whole lot of 4 borers to ArcelorMittal Temirtau in January 2017. The first borer was delivered in November. Moreover, in October Corum Group produced 138 telescopic hydraulic props for AMT. According to the marketing director Denis Shemyakin, Kazakh mining companies have increased interest in mining machinery and Ukrainian companies…
DetailsMetinvest has concluded long-term contracts with shipbuilding works of Italy to supply metal, produced by its Trametal works. According to the group’s sales director Roman Kurashev, Italian shipbuilders have stable operations, and their orders portfolio for 2018 is already full. “Now they take orders for 2020-2021, so we’re working with them in normal mode”, he…
DetailsUkraine has not created an effective mechanism of struggle for its export markets and needs to strengthen the state protection of exporters on global markets. Interpipe finances and economy director Denis Morozov believes that the trade representative institution on Ukraine is weak. “A lot could have been achieved, if we compare with other countries. This…
DetailsIn January-October Ukraine imported $44.6 million worth of copper and copper wares, up by 10.8% YoY. According to the State Fiscal Service, copper exports dropped by 41.8%, to $61.18 million. October imports stood at $4.81 million, while exports reached $6.34 million. Nickel imports decreased by 18.2% YoY, to $74.03 million ($7.16 million in October), while…
DetailsAccording to the coal industry department of the Kemerovo region, the Kuzbass Fuel Company is repairing two of its processing factories at the Vinogradovsky open-pit mine. The overhaul will see the assembly of more productive equipment, increasing the processing at both factories from 6 million tons of coal per year to 9 million tons. And…
DetailsIn October Vostochny port (Primorsky Krai) shipped 1.78 million tons of coal, up by 7% YoY.
In 10 months the port transshipped 19.6 million tons of coal, up by 3.4% YoY.
The port served 38 ships in October, with 438 in 10 months. (Ukrainian metal)
In January-October Ukraine imported $1169.71 million worth of coal and anthracite, with $129.08 million in October. According to the State Fiscal Service, Russia supplied $742.93 million worth of coal, USA – $168.54 million, Australia – $73.34 million, and other countries – $184.87 million. The total weight of coal imported reached 13.1 million tons. At the…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 460 699 368 418 September 440 682 343 424 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn January-October Ukraine exported 37.73 million tons of iron ore raw materials valued at $1421.4 million, down by 14.2% and by 21.5% YoY respectively. According to the State Fiscal Service, main export destinations were China (35.42%), Czech Republic (10.92%) and Poland (10.34%). In January-October Ukraine imported 1.59 million tons of iron ore raw materials valued…
DetailsIn January-October Ukraine exported 2126.45 thousand tons of steel-making pig iron valued at $451.24 million, up by 24.3% and 5.4% YoY respectively. Pig iron went to USA (33.02%), Turkey (26.95%) and Italy (22.23%). At the same time Ukraine imported 1.62 thousand tons of pig iron worth $549 thousand, down from 3.04 thousand tons valued at…
DetailsIn January-October Ukraine exported $567.65 million worth of metal wares, down by 26.3% YoY. Exports in October reached $54.27 million. Metal wares imports grew by 28.1% YoY, to $528.27 million, with $72.68 million in October. In 2015 Ukraine decreased metal wares exports by 46.2% YoY, to $917.83 million, while imports dropped by 38.2%, to $521.48…
DetailsIn January-October Ukraine exported 240.22 thousand tons of scrap valued at $42.31 million, down by 78.6% and by 84.3% YoY respectively. According to the State Fiscal Service, scrap was not exported in July-September, with 6.8 thousand tons exported in October. The decrease has to do with the temporary prohibition of scrap exports. In January-October Ukraine…
Details|
Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* |
|
|
min |
max |
|
| August |
418 |
418 |
| September |
424 |
424 |
* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Energomashspetsstal has received an order from Rothe Erde (a part of ThyssenKrupp AG) for the delivery of 500 tons of round ingots.
According to the company statement, the products have to be supplied in December. The ingots will be used to produce various parts. (Ukrainian metal)
In January-October Ukraine decreased metal exports by 14% YoY, to $5.99 billion, or 20.58% of the total export earnings, as opposed to 22.22% in January-October 2015.
Metal export revenues totaled $621.97 million in October.
At the same time metal imports went up by 15% YoY, to $674.57 million, including $72.84 million in October. (Ukrainian metal)
Vadim Larin, CEO of Russian steelmaker Severstal, has left the company of his own wish, the company said in a statement.
CFO Alexei Kulichenko became acting CEO, Severstal said. (Prime/Ukrainian metal)
The board of directors of Russian metals giant Norilsk Nickel has approved a contract with Canadian engineering company SNC-Lavalin for works under a sulfur dioxide capture project for Nadezhda Metallurgical Plant, Norilsk Nickel said in a statement. SNC-Lavalin is to prepare the project design documentation until the end of 2017. The project “represents the second…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 395 738 418 418 September 354 738 424 424 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsNLMK Group, an international steel making company with operations in Russia, the USA and EU member states, has delivered a trial batch of new high-strength hot-dip galvanized steel to the Hyundai Motor Manufacturing Rus automobile manufacturing plant in St. Petersburg. The new grade of rolled steel, designated SGRC440 and classified as high-tech steel, was previously…
Details