In 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…
DetailsBelarus, that has previously blocked duties on ferrosiliomanganese imported from Ukraine to the Eurasian Economic Union, has now agreed to impose a protective measure in exchange for the 20% discount from ChEMK (Chelyabinsk Electrometallurgical Works). In June the EEC imposed a 5-year duty of 26.35% on Ukrainian ferrosiliomanganese (Ukraine supplied $200 million worth of ferrosiliomanganese…
DetailsIn H1 2016 Ukraine produced 5.5 million tons of bulk coke, up by 27% YoY. This decreased coke imports by 33%, to 535 thousand tons. ArcelorMittal Kriviy Rih traditionally imports coke from ArcelorMittal Poland, with 382.5 thousand tons imported in H1. Another major supplier is Russia (268.6 thousand tons). But Russian coke is bought by…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR63.16* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max August 567 796 521 571 472 762 September 567 796 521 571 472 762 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to…
DetailsIn September Ukraine exported 2637 thousand tons of iron ore raw materials, down by 21.6% MoM, or by 725 thousand tons. “In January-September Ukraine exported 29.9 million tons of iron ore raw materials, down by 4.8 million tons YoY. Exports to Japan, Serbia and Korea grew the most, while exports to China (down by 5.2…
DetailsIn 2017 Severstal plans to decrease steel smelting due to the overhauling campaign at its main asset – the Cherepovets Iron and Steel Works. “But the negative effect will be limited. Perhaps, it will reach 1-2% YoY”, Severstal financial director Alexei Kulichenko said. Sales will remain on 2016 levels. In January-September Severstal received $1.3 billion…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 415 474 343 360 September 375 460 341 386 * – 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 January-September Donetskstal received 2.2 billion UAH of losses, down 1.8 times, or by 1.8 billion UAH YoY. According to the company statement, it has increased net income by 16.5% YoY, or by 1.37 billion UAH, to 9.7 billion UAH. In July-September Donetskstal losses totaled 1.1 billion UAH, with net income up by 20% YoY,…
DetailsMetinvest B.V. (the Netherlands), the parent company of Metinvest international vertically integrated mining and steel group, in August posted positive EBITDA of $133 million, while in the previous month the figure was $147 million. According to preliminary unaudited consolidated data from the company’s financial statements under IFRS, revenues in August stood at $555 million, while…
DetailsFor Ukrainian TPPs to be able to work in normal mode during the winter season they need enough energy-generating coal. That is why DTEL Pavlogradugol has increased mining output at all of its mine groups in Q3 by 21%. Ternovskoye Mine Group yielded 1 million tons of coal, up by 27% QoQ, Pershotravenskoye – 1…
DetailsUral Mining-Metallurgical Company has announced the merger of Electrocabel works and Kolchugino Non-Ferrous Metals Works. After all the legal procedures Kolchugtsvetmet will be managed by Cable Alliance, Electrocabel being a part of which. This decision was taken in view of the expansion of the cable business and the realization of the global program of Electrocabel…
DetailsIn January-September Russia increased raw zinc output by 3.3% YoY.
According to the Federal Service of State Statistics, in September raw zinc output dropped by 6.3% YoY and by 14.5% MoM. (Ukrainian metal)
In January-September KAZ Minerals produced 97.1 thousand tons of copper (in cathodes), up by 66% YoY. In Q3 the company produced 44.5 thousand tons of copper cathodes, up by 43% QoQ. KAZ Minerals increases output volumes at its Bozshakol and Aktogay works, which will allow it to reach the target of 135-145 thousand tons of…
DetailsIn January-September Bratsk Ferroalloys Works (a part of Mechel) produced over 23 thousand tons of FS-75 ferrosilicon, up by 80% YoY. This ferrosilicon is used in the production of electric steels, as well as springs, construction and car parts. The increase was the result of the improvement of the world market situation. The company exports…
DetailsSince the beginning of the year Azertexnolayn has supplied 47 million manats worth of pipes to Turkmenistan. In January the company signed an agreement to supply $40 million worth of pile pipes for the construction of Turkmenbashi seaport. Another $20 million contract presupposes the delivery of pipes for water pipelines. The company is able to…
DetailsMechel-Service has sold 20 million tons of metal since it has been created. Mechel-Service was founded in 2005 in Chelyabinsk, where its main supplier – Chelyabinsk Iron and Steel Works – is situated. Now the company offices are present in all the federal districts of Russia, with 57 warehouses in 42 cities. Having started with…
DetailsSince the year start over 300 thousand square meters of buildings have been constructed using the metal structures produced by Severstal Stalnie Resheniya. Over 2700 tons of metal structures have been produced and supplied for the construction of a tire-producing plant in Ulyanovsk. The construction ended in September. Some 450 tons of metal structures have…
DetailsNovolipetsk Iron and Steel Works has successfully finished the project of replacing cold-rolled metal thermal treating equipment. 15 new stands of bell furnaces have been put into operation. The new equipment will increase cold-rolled metal with increased finishing quality output by 30%, and that with the highest quality – 4-fold. Fuel usage at the new…
DetailsThe assets of the bankrupt Aluminum Casting Works (Altai) have been put on sale once again for 504.47 million rubles, down by 16%. The auction will be held on November 28. The previous sale at 600 million rubles was canceled due to the absence of offers. The company, created in 1992, was named bankrupt in…
DetailsKurilgeo, the sole gold miner in Sakhalin region, plans to mine 1.6 tons of gold at its Urup island deposits. “In January-September we mined 1.2 tons of gold and 3.5 tons of silver, receiving 1.18 tons of gold and 3.42 tons of silver. Our plan is to receive 1.6 tons of gold this year”, a…
Details