In Q3 NLMK revenue increased by 19% QoQ to $2.2 billion, driven by a 7% QoQ growth in sales to 4.2 million tons. EBITDA increased by 46% QoQ to $673 million; EBITDA margin reached 30% (+5% QoQ), including 18% for NLMK’s international companies. Net income doubled QoQ to $385 million. Net debt / EBITDA decreased…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* Export, Ukraine, $/t, FOB Black sea ports min max min max min max August 396 507 343 360 370 380 September 359 507 341 386 370 380 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16…
DetailsNLMK Group, an international steelmaking company with operations in Russia, the USA and EU member states, informs that the management of the group is planning to recommend the third quarter dividends in the amount of $350 million equivalent of 75% of the reported free cash flow for the third quarter of 2016. On November 17,…
DetailsIn January-October Ukraine produced 20.16 million tons of carbon steel, up by 5.5% YoY. Pig iron production increased by 8.7%, to 19.64 million tons, that of rolled metal – by 6.7%, to 17.87 million tons. Metallurgical coke output went up by 12.3%, to 10.74 million tons, while that of steel pipes dropped by 0.5%, to…
Details“In the next 5 years scrap procurement in Ukraine will be falling”, Denis Morozov, Interpipe economy and finances director, believes. The previous forecast on scrap procurement in 2016 on the level of 2.8-2.9 million tons would probably be proven, he thinks. In 2017 Morozov expects scrap procurement to fall by 100 thousand tons, to 2.7…
DetailsIn January-October Zaporizhstal produced 3.27 million tons of steel, down by 1.4% YoY. According to the company statement, its pig iron output dropped by 2.5% to 3.06 million tons, and that of rolled metal – by 0.4%, to 2.83 million tons, all YoY. In October Zaporizhstal produced 317.4 thousand tons of pig iron, 333.4 thousand…
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Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* |
|
|
min |
max |
|
| August |
384 |
390 |
| September |
353 |
411 |
* – 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)
This year Interpipe has been delivering some 30-35 thousand tons of steel pipes to Russia each month. “We used to sell 10 time more – around 350 thousand tons”, the company economy and finance director Denis Morozov said. Interpipe is not expecting a considerable increase in exports to USA. “When the oil price fell, consumption…
DetailsThe power-generating coal of named after Stashkov mine and Dneprovskaya mine is supplied to Pridneprovskaya, Kurakhovskaya and Ladyzhinskaya TPPs. This year miners plan to yield 2.8 million tons of coal. “In Q3 DTEK increased investments by 23%. The additional 87.6 million UAH allowed us to increase output by 7.7% QoQ. Further investments this year will…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 460 699 368 417 September 440 682 343 420 * – 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…
DetailsChelyabinsk Zinc Works has put the sixth zinc cake rotary-kiln into operation. According to the company CEO Pavel Izbrecht, the kiln was cold-started in summer. This is the most expensive and the most important investment project of the company for the past 10 years. The putting of the kiln into operation is a part of…
DetailsNorilsk Nickel has decreased its own forecast on non-ferrous and precious metals output in 2016. In particular, nickel output is expected to fall to 195-200 thousand tons from 206-212 thousand tons of the previous forecast. The decrease would be the result of repairs at Talnakh processing factory. In 2015 Nornickel produced 266 thousand tons of…
DetailsIn January-September the state company Demidov saw increase in rolled sections sales by 22% YoY.
Pipe sales went up by 9% YoY in H1 2016 due to the dramatic activation of metal traders following the February-May price increase. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* Export, Ukraine, $/t, FOB Black sea ports min max min max min max August 383 529 342 384 365 375 September 343 529 318 421 345 365 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16…
DetailsZaporizhstal has finished assembling the Mammoet crane with the lifting capacity of 1600 tons. According to the company statement, its height is 143 meters, which almost equals the height of the Pyramid of Khafre in Egypt. The crane would be used in the blast furnace No. 3 overhaul. “The crane will allow us to repair…
DetailsInterpipe has started importing scrap from Russia. “We intend and will buy scrap from Russia. This month we will receive our first batch”, the Interpipe economy and finances director Denis Morozov reported. According to him, Russia sees surplus of scrap of some 3 million tons per year. And the country has already imposed an export…
DetailsMonth Russian market, $/t, DDP, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.897* min max min max August 780 1000 830 930 September 775 995 850 970 * – 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 Q3 NLMK received $385 million of net profits, down by 6% YoY. According to the company statement, its sales increased by 2%, to 4.2 million tons. Its revenues grew by 10%, to $2.25 billion. Investments fell by 29%, to $104 million, but the free cash flow increased by 28%, to $474 million. In January-September…
DetailsAll the Sergey Taruta words on the National Bank of Ukraine and its management are his own position as an individual, and the Industrial Union of Donbass management and shareholders have nothing to do with them. ISD has no dealings in the social and political activities nor is it involved in public correspondence with the…
DetailsIn September Ukrainian companies received 286 thousand tons of scrap, up by 45 thousand tons MoM. Scrap was not exported in July-September due to the absence of the law on the scrap export duty increase to 30 euro per ton. In mid-September the decree came into effect, thus probably triggering the start of exports in…
DetailsIn Q3 Rusal produced 920 thousand tons of aluminum, with sales up by 2.4% QoQ, to 981 thousand tons. The average price of aluminum in Q3 went up by 2.5% QoQ, to $1754 per ton. In January-September Rusal produced 2756 thousand tons of aluminum, up by 1.2% YoY, with sales up by 4.9% YoY, to…
DetailsIn Q3 Nikolaev Alumina Works, a part of Rusal, produced 363 thousand tons of alumina, down by 1.9% QoQ. Alumina output in January-September totaled 1.1 million tons, up by 0.9% YoY. Rusal’s Russian aluminum plants decreased alumina production, while its foreign assets increased. The total alumina output in Q3 reached 1.86 million tons, and 5.58…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 34 40 31 36 September 37 44 31 35 * – 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…
DetailsEvonik Industries (Germany) has started the overall quality certification of the Zaporozhye Titanium and Magnesium Works products, a part of Group DF. As the result of the certification ZTMK intends to receive the right to sell its products to the German company. In particular ZTMK plans to supply titanium tetrachloride. The parties started negotiations in…
DetailsIn January-September Zaporozhye Aluminum Works, the sole primary aluminum producer in Ukraine, received 527.33 million UAH of losses, down 2.5 times, or by 809.55 million UAH YoY.
According to the company statement, its net income totaled 1 million UAH (no income in January-September 2015).
In Q3 ZALK received 245.74 million UAH of losses. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max August 445 659 398 413 370 380 360 385 September 424 659 387 454 390 400 380 400…
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