The European Union has imposed 5 years antidumping duties on cold-rolled metal from Russia. The sanctions have affected the largest Russian metal companies: Severstal, Magnitogorsk and Novolipetsk Iron and Steel Works. The lowest duty is imposed for MMK – 18.7%. Severstal received 34%, while NLMK – 36.1%. The reason for the investigation was the complaint…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 124 153 143 148 June 131 153 146 155 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn January-June Zaporizhstal consumed 87.2 million cubic meters of gas, down by 15% YoY, while increasing output of steel by 2.2%, of rolled metal – by 3.6% and of pig iron – by 2.7%. According to the company statement, gas consumption decrease was reached with the help of the program, which involved manufacturing effectiveness increase,…
DetailsIn July Moldova Iron and Steel Works produced 15.9 thousand tons of steel and 8.9 thousand tons of rolled metal. The works sold 8.8 thousand tons of metal, including 6.5 thousand tons of rebars and 2.3 thousand tons of wire rod. According to the company press-service, products went to EU, Ukraine and Moldova. In June…
DetailsTwelve Volvo trucks will come to Norilsk Industrial Transport (NPT) Enterprise, Norilsk Nickel subsidiary, in the nearest future. New dump trucks will replace outdated equipment and improve ore transportation efficiency. MAZ-5516А5-373 outdated dump trucks operated by NPT are used to deliver ore from stockpiles to Norilsk Concentrator of Polar Division. Ore transportation is twenty-four-hours-a-day process…
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Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* |
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min |
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| May |
427 |
438 |
| June |
355 |
440 |
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Mechel PAO, one of the leading Russian mining and metals companies, announced Q2 2016 operational results. Mechel CEO Oleg Korzhov commented on the operational results: “In this accounting period, the coal industry demonstrated stable demand on both global and domestic markets, with a growth registered in both quarter benchmarks and spot prices. In Q2 China…
DetailsCompanies dealing with ferrous and non-ferrous scrap, as well as other secondary materials have created the Ukrainian association of secondary metals and resources (UAVtormetresurs). According to Euro-Metal Invest deputy CEO Valeri Katunin, the company was registered on July 18. It will be a non-profitable organization. It will deal with protecting interests of its members; cooperate…
DetailsIn July after a June drop steel manufacture started going up again, reaching 67 thousand tons per day, slightly less than in February. Rolled metal daily output grew to February levels to 59.1 thousand tons per day. Pig iron daily output jumped to April indexes with 67 thousand tons. In H1 Ukraine produced 14.49 million…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 18 21 26 30 June 19 22 27 31 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn January-June Izhorsky Pipe Works, a part of Severstal, decreased sales of its large diameter pipes. ITZ sold 228 thousand tons of pipes, down by 20% YoY. Most pipes went to Power of Siberia and Ukhta-Torzhok-2 projects, as well as Gazprom repairs. LDP segment is in the most difficult situation. In H1 Russia produced 1.4…
DetailsIn Q2 and H1 Rusal slightly increased its aluminum output by 0.3% QoQ, to 919 thousand tons, and by 1.5% YoY, to 1.83 million tons. The company worked at 95% capacity. Siberian works of Rusal produced 94% of the total aluminum output. In H1 Rusal sold 1.91 million tons of products, up by 5% YoY.…
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Russian market, $/t, EXW, without VAT, $1/RUR64.2575* |
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| May |
526 |
613 |
| June |
526 |
613 |
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In January-June Ferrexpo decreased its net profits by 33% YoY, to $77.77 million. According to the company statement, its revenues were down by 10.5% YoY, to $457.92 million, mostly due to the pellets price fall by 14%. Net profit dropped by 3.7%, to $265.77 million, with EBITDA down by 9%, to $160 million. Sales increased…
DetailsAs part of its long-term investment program, Acron Group implements a project of complex apatite-nepheline rock processing at Veliky Novgorod production site to produce rare earth elements (REE) cerium, lanthanum, neodymium, concentrates of light, medium and heavy rare earth elements from apatite concentrate process flows. The annual capacity of REE operations is 200 tons of…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 418 769 375 458 June 463 694 429 439 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsInterpipe, the Ukrainian industrial company and the only producer of railway wheels in Ukraine, has started experimental industrial trials at its new production site for finish machining of railway wheels. The facilities provide KLW with the ability to produce complex products that are in high demand in Europe, America and the MENA region. The total…
DetailsBeginning with September 1, ArcelorMittal Kriviy Rih is increasing salary to its employees by 10%. ”In addition to the wages increase, the socially vulnerable groups of employees will also receive 800 UAH per months for partial compensation of housing and utilities expenses from November 2016 till March 2017. Such additions will be given to employees…
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Russian market, $/t, FCA, without VAT, $1/RUR64.2575* |
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| May |
62 |
199 |
| June |
62 |
195 |
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Norilsk Nickel Corporate Security Unit at Polar Division – the Polar Transport Branch – has taken part in Vikhr MED-2016 specialist tactical exercises targeted at suppression of a terrorist attack on a maritime economic entity. According to the script of the exercise, which involved over 300 persons, unidentified perpetrators captured a vessel offshore Dudinka Seaport.…
DetailsSeverniy Mining and Processing Works has completed the program of drilling machines reconstruction at its Pervomaysky quarry. Investments into machinery overhaul totaled some 10 million UAH. According to SevGOK general director Pavel Timoshenko, the repair lasted for almost six months. 2 drilling machines have been completely repaired. “Now the maintenance and repair expenses will be…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 365 501 446 513 June 487 539 402 423 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsAs part of the program for monitoring employees’ physical state and increasing the occupational health and safety level at the operational sites, the Norilsk Nickel is planning to have installed full-height turnstiles with contactless ethanol breathalyzers at the Polar Division’s Mayak mine by the end of the year. These are full-height turnstiles equipped with fixed…
DetailsIn January-June rolled metal deliveries to the local market went up by 34.8% YoY, to 1.93 million tons. Together with pipes delivery volumes totaled 2.15 million tons. In 2016 imports grew as well – by 58% YoY, to 0.31 million tons. Imports share went up from 13.9% in H1 2015 to 16.3% in H1 2016.…
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Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* |
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min |
max |
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| May |
427 |
427 |
| June |
355 |
355 |
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Anastasia Tatarulieva has been appointed the ArcelorMittal Kriviy Rih deputy general director on marketing and sales. According to the company statement, she was appointed on July 20. “Tatarulieva is responsible for fulfilling business-plans on selling AMKR products on export and local markets, as well as finding new sales markets”, the statement reads. Earlier Tatarulieva worked…
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