Poltava Mining and Processing Works plans to invest some $50 million into development.
In 2015 the company had to stop its investment program as to the capacity increase, with the cost of maintenance projects being $50 million. This year PGOK intends to keep its investments on the level of 2015. (Ukrainian metal)
In June Ukraine produced 1765 thousand tons of pig iron, down by 21.4% MoM, or by 481 thousand tons.
In January-June pig iron output increased by 17% YoY, or by 1731 thousand tons, to 11927 thousand tons. (Ukrainian metal)
In June Ukraine produced 1536 thousand tons of rolled metal, down by 23.3% MoM, or by 467 thousand tons.
In January-June rolled metal output went up by 11.1% YoY, or by 1086 thousand tons, to 10850 thousand tons. (Ukrainian metal)
AzovElectroStal has reelected Alexei Popov the general manager of the company. According to the company statement, his office has been prolonged from July 14 for a year. On July 9, AzovElectroStal has dismissed Yuri Serdyuk from the office of the general manager. Previously Popov worked as the finance director deputy, chief economist of Azovmash. In…
DetailsRusal, one of the world’s largest aluminum producers, has signed an agreement to sell 100% in the bauxite and alumina complex Alpart in Jamaica to Chinese state industrial group JISCO, the company said in a press release. The cost of the transaction amounts to $299 million. The deal is undertaken within the program of Rusal’s…
DetailsSince July 19, the throughput of the Kamysh-Zarya railroad route has dropped from 14 cargo trains per day to 9. “The reason isn’t something new – the lack of fuel”, said the Azovstal CEO Enver Tsikishvili. The works has to help railroad again – it provided 33 tons of fuel. “But that will be enough…
DetailsIf the port duties are brought in correspondence with the world practice, Metinvest will be able to increase output at its GOKs. “We have addressed the Ministry of infrastructure and the Cabinet of Ministers on this issue. We hope that Ukrainian port duties will correspond to the world practice, thus enabling us to increase output,…
DetailsTwo of the 4 working electricity lines, feeding Avdiivka and the Avdiivka Coke and Chemical Works, were damaged by shelling. “The city is left without light and water, we’re working at lowest capacities”, said the company CEO Musa Magomedov. DTEK energy engineers asked the military to provide them with the green corridor to make repairs.…
DetailsIn April-June Evraz Sukhaya Balka renewed iron ore mining after the halt in Q1 due to the low demand. In Q2 bulk ore output at the works went up by 49.1% QoQ, to 782 thousand tons, though it decreased in H1 by 6.2%, to 1.3 million tons. According to the company statement, in H1 iron…
DetailsMetinvest CEO Yuri Ryzhenkov believes in 2016 domestic metal market will grow by 10% YoY.
“Last year Ukraine saw the lowest metal consumption results in its newest history. So far the economy is idle: there is no increase in construction, or in machine-building. And these are our main metal-consuming industries”, he added. (Ukrainian metal)
In April-June Evraz Dneprovsky Iron and Steel Works increased metal and coke output. According to the company statement, this has to do with the demand increase. Semi-finished products output decreased by 2.8% QoQ, to 130 thousand tons, while section steel manufacture went up by 20.3% QoQ, to 94 thousand tons. Carbon steel smelting in April-June…
DetailsManufacturing results of July for the Ukrainian mining and metal industry will depend on the normal work of the railroad and the provision of coke and raw materials. Ukrmetallurgprom wasn’t able to forecast output results for August, but it believed that in July Ukraine would produce 2.1 million tons of pig iron, 2.2 million tons…
DetailsHalf Ukraine’s thermal power plants get coal from mines, and the state now owns only 35 of them, and their number could drop to 7. “What the energy minister Nasalik says, differs from the real situation. Ukraine owns only 35 mines. If it retains control over 7 of them, 28 would leave the state ownership,…
DetailsIn January-May Mezhdurechensky Mining and Processing Works and Valki-Ilmenit, both owned by Group DF, produced 69.8 thousand tons of ilmenite concentrate. In particular, MGOK produced 54.7 thousand tons of concentrate, while Valki-Ilmenit – 15.1 thousand tons. The maximal capacity of MGOK is 200 thousand tons of ilmenite concentrate per year, and Valki-Ilmenit can produce 65…
Details|
Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* |
|
|
min |
max |
|
| April |
206 |
278 |
| May |
206 |
370 |
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Despite the prohibition and the recommendations of the Ministry of economical development and trade, the State Fiscal Service goes on providing documents for ferrous metals exports, mainly through Nikolaev and Kherson customs. In June Turkey imported 26.77 thousand tons of the raw materials through various customs. Nikolaev trade seaport transshipped 6.34 thousand tons of scrap,…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max min max April 361 417 427 427 May 433 494 471 471 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn 2016 Pobuzhye Ferronickel Plant intends to receive 69.51 million UAH of profits as opposed to 244.2 million UAH of losses in 2015, if the UAH exchange rate and resources prices remain on their current levels. “Since April we’ve been working with profits”, said the company CEO Oleg Bespalov. In H1 the company received 49.41…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max April 483 675 368 458 520 530 520 530 May 497 730 389 521 505 510 518 574…
DetailsPervomaisky open pit mine of the Severniy Mining and Processing Works, a part of Metinvest Group, has commissioned the first start-up facility of the iron ore crushing and conveying system. It is the independent Ukraine’s largest project in the mining sector. Investments in the first line of the crushing and conveying system totaled 1.9 billion…
Details“Zaporozhkoks is a stably working company, employing some 1600 Zaporozhye citizens. Last year was a difficult one, but we were able to produce 800 thousand tons of blast furnace coke, earning some 4 billion UAH, and obtaining 250 million UAH of net profits. We have also paid 284 million UAH of taxes”, said the company…
Details|
Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* |
|
|
min |
max |
|
| April |
283 |
377 |
| May |
379 |
442 |
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Pobuzhye Ferronickel Plant will buy anthracite coal from the South African Republic, if Ukraine experiences a sharp shortage of it. “We have worked out this issue. If there is no way to buy anthracite coals in Ukraine, we have a plan B. Though we do try to buy coal from Ukrainian suppliers or in Kazakhstan”,…
DetailsIn July-December power-generating company Centrenergo plans to buy 1.6 billion UAH worth of coal from DTEK Sverdlovskantrazit.
In 2015 Centrenergo produced 8422.15 million kW-h of electricity, down by 32.7% YoY. Its net profits fell 3.4 times, to 21.85 million UAH, with net income down by 9.2%, to 6863.84 million UAH. (Ukrainian metal)
The representative of the Opposition block Vladimir Gusak has addressed the minister of energy and coal industry Igor Nasalik, asking him to explain the situation with miners not receiving salary. “To understand the problems of the coal industry, I will give you an example. Debts for electricity amount to 10 billion UAH. So there is…
Details|
Month |
Russian market, $/t, EXW, without VAT, $1/RUR66.0825* |
|
|
min |
max |
|
| April |
484 |
484 |
| May |
484 |
484 |
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)