Ukraine: Krasnoarmeyskugol in trouble

For the past 10 days Krasnodonugol mines were left without electricity twice.

The first time electricity was cut off on June 3, for almost 24 hours. Then on June 13, despite the agreement to partially clear debts, the mines were left without electricity again. (Ukrainian metal)

Ukraine: ZZhRK output down in January-May 2016

In January-May Zaporozhye Iron Ore Complex mined 1.8 million tons of iron ore, down by 2.7% YoY.

According to the company statement, in May it mined 0.37 million tons of ore. Last year iron ore output dropped by 2% YoY, to 4.4 million tons. (Ukrainian metal)

Ukraine: Komsomolskaya Factory to work with Lisichanskugol

Lisichanskugol has accepted the offer of Central Processing Factory “Komsomolskaya” on the services of processing valued at 17.6 million UAH. By the end of the year the factory will have processed 320 thousand tons of coal at 55 UAH per ton. The factory only competitor in the trade was the industrial company “Obogatitel” (Processor) with…

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

Month

Ukrainian market, $/t, without VAT, FCA, $1/UAH25.1865*

min

max

March

130

137

April

168

175

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: EEC decided not to implement compensatory duties on ferroalloys

The Eurasian Economic Commission has stopped its compensatory investigation on ferrosilicomanganese originating in Ukraine and imported to the Customs Union. “The inner market protection department has decided there was no basis for the implementation of the compensatory duty in respect of ferrosilicomanganese originating in Ukraine and imported to the Customs Union”, said the department in…

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