Metals of Ukraine & Russia: bars (structural steel), May 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR66.0825*

min

max

April

484

484

May

484

484

* – 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 experiencing problems with coal sales

The state coal market operator Derzhvuglepostach (DVP) has problems selling coal of state mining companies. “For the past two years the demand for electricity has fallen dramatically. Eastern territories have been taken from us, Energoatom loadings have increased. So, yes, there are problems with sales”, said the company director Andrei Plyugin. DVP sells only gas-generating…

Details

Russia: Nornickel presents new brand

Norilsk Nickel presents its new brand. Changes involved its name, view and key elements of the brand platform. New image of Nornickel is a quintessence of ideas and values related to the company’s activities represented graphically and visually. ‘Reliability’ and ‘Hope’ are the key words of the new communication platform. Reliability means quality of metal…

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Ukraine: Evraz Sukhaya Balka ore output down in H1 2016

In January-June Evraz Sukhaya Balka mined 1.3 million tons of iron ore, down by 6.2% YoY.

According to a company representative, in June ESB mined 257 thousand tons of ore.

Last year it produced 2.81 million tons of iron ore, down by 2.7% YoY. (Ukrainian metal)

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

Month

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

min

max

April

370

370

May

504

558

* – 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: Rusal to supply all aluminum in long run

The largest global aluminum producer Rusal wants to supply all the metal produced to Russia in the long run, Sales Director for Russia and CIS Roman Andryushin said.

Rusal expects aluminum consumption to grow from 1.4 million tons per year at present to 2.5 million tons by 2024, the manager said. (TASS/Ukrainian metal)