NLMK Group, an international steel producer with operations in Russia, Europe and the USA, and KAMAZ, Russia’s leading heavy-duty truck manufacturer, have held their first Coordinating Council. At a meeting held in Naberezhnye Chelny, the two companies discussed steel deliveries, as well as the possibility of manufacturing new machinery for NLMK, including with the use…
DetailsThe Chelyabinsk Iron and Steel Works (a part of Mechel) has completed the overhaul of equipment at its sintering factory that produces raw materials for pig iron manufacture.
Some spare parts of the gas treatment equipment have also been replaced.
Some 80% of the sintering factory equipment was subject to repairs. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* min max min max July 129 143 146 161 August 131 150 146 161 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn 2016 steel consumption in Ukraine is expected to increase by 30% YoY, to 4.4 million tons. In 2015 steel consumption dropped by 21.6% YoY, to 3.3 million tons. In 2017 analysts expect steel consumption to grow by 6% YoY, to 4.6 million tons. Steel consumption in Russia in 2016 will drop by 3.6% YoY,…
DetailsThe casting shop of Sayanogorsk Aluminum Works (a part of Rusal) has finished modernizing the automated management system of the homogenization line No. 1. The upgraded system makes the line operation more efficient and reliable. “The homogenization line improves the structure of extrusion billets with the help of thermal treatment”, said the SAZ executive director…
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Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* |
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|
min |
max |
|
| July |
245 |
397 |
| August |
256 |
390 |
* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Metinvest Group approves of the steps taken by the government to support the industry, but at the same time calls for strategic decision making in settling transparent and understandable rules on the market, including scrap market. According to the group CEO Yuri Ryzhenkov, the decrees on cancellation of 5% import duty on scrap and the…
DetailsIn January-August Mezhdurechensky Mining and Processing Works and Valki-Ilmenit, both a part of Group DF, produced 132.1 thousand tons of 42% ilmenite concentrate. In particular, MGOK produced 99.4 thousand tons, while Valki-Ilmenit yielded 32.7 thousand tons. “The output volumes of both companies correspond to our target figures. We intend to increase output in response to…
DetailsIn January-September enterprises of the Krasnoyarskkrayugol mined 3.9 million tons of coal, up by 231 thousand tons from the target figure.
The companies are steadily increasing their capacities. This year Krasnoyarskkrayugol plans to mine 6 million tons of coal. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max July 462 645 406 414 355 365 330 375 August 433 641 398 413 370 380 360 385…
DetailsLviv regional state administration evaluates the modernization of all its mines at 1 billion UAH. “To modernize all mines, long faces, etc. we need 1 billion UAH”, Rostislav Zamlynsky, deputy head of the Lviv regional state administration, reported. According to him, the administration has already created a list of mines that need to be modernized…
DetailsIn September the Profil-Akras Pipe Works produced 13.3 thousand tons of products.
The company sold 13.5 thousand tons of products in September. 3.1 thousand tons were exported, with 25% of this volume going to Europe.
Profil-Akras intends to increase exports. (Ukrainian metal)
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Month |
Russian market, $/t, FCA, without VAT, $1/RUR64.91* |
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|
min |
max |
|
| July |
62 |
163 |
| August |
62 |
169 |
* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In January-September Yuzhniy Mining and Processing Works produced 8218.7 thousand tons of concentrate, down by 5.7% YoY. According to the company statement, sinter output rose by 23.3% YoY, to 1509.3 thousand tons. In September concentrate output went up by 5.2% YoY, to 998.2 thousand tons, while that of sinter jumped by 28.2%, to 169.4 thousand…
DetailsNovokramatorsk Machine-Building Works has signed an agreement with Krakatau Steel to supply metallurgical equipment. According to the company, the new equipment will be used at the section mill of the Chilegong Iron and Steel Works. NKMZ has to engineer and produce 7 stands for the reconstruction of the section mill, produced by Danieli. With the…
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Russian market, $/t, EXW, without VAT, $1/RUR64.91* |
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min |
max |
|
| July |
581 |
775 |
| August |
581 |
775 |
* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Deputy Prime Minister Yury Trutnev has suggested the government study offering infrastructure support to the development of copper and gold fields of the Baimskaya area in Russia’s Chukotka Autonomous District, the local government said in a statement. Tycoon Roman Abramovich’s Millhouse won an auction for a 25-year license for the Baimskaya area in 2008 for…
DetailsSupervisory board of Ukrstalkonstruktsiya has reelected Vladimir Nosov the CEO of the company. According to the statement, Nosov has been reelected for 1 year and he owns no company shares. In 2015 Ukrstalkonstruktsiya received 65.68 million UAH of losses, having increased its net income by 9.6% YoY, or by 10.96 million UAH, to 124.93 million…
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Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* |
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min |
max |
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| July |
346 |
346 |
| August |
346 |
346 |
* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Industrial products prices increase totaled 2.6% in September after 0.2% rise in August. According to the State Statistics Service, since the beginning of the year prices have increased by 22.1% YoY, or by 19.6% YoY in September. Mining and quarry industry products price went up by 8.3%, in particular that of iron ore – by…
DetailsIn January-September Ukrainian metal companies exported $5.37 billion worth of products. According to the State Fiscal Service, steel products account for 23% of the total exports. At the same time, Kriviy Rih was unable to supply iron ore concentrate to Europe due to the bad work of Ukrzaliznytsia. Metal companies also blame Ukrzaliznytsia for the…
DetailsIn H1 Ukrainian metal companies investments dropped by 16% YoY. According to the experts, this has to do with the gradual completion of investment programs, started in 2012-2013. In H1 the largest investments into their redevelopment were made by Zaporizhstal (820.9 million UAH), ArcelorMittal Kriviy Rih (743.6 million UAH) and Mariupol Ilyich Iron and Steel…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* min max min max July 447 680 350 418 August 447 680 368 418 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsThis year VSMPO-Avisma (Russia) will decrease raw materials purchases from Ukraine. It will buy only 85% of ilmenite from Ukrainian suppliers, down from 100% earlier. “There are no long-term contracts on ilmenite. They are only concluded for 1 year. This year 85% of ilmenite will be supplied from Ukraine”, the company CEO Mikhail Voevodin said.…
DetailsZaporizhstal has increased wages to its employees by 5%. According to the company statement, the increase was made within the framework of salary increase of Metinvest companies. This is the second time this year that the salary is increased. The first time it went up by 10%. “The salary increase will partially compensate for the…
DetailsMonth Russian market, $/t, DDP, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.489* min max min max July 690 900 800 1750 August 720 920 800 1750 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the…
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