In the first half of 2016 PJSC “Zaporizhstal” increased tax transfers to the budgets of all levels, and paid to government 1.6 billion UAH of taxes. For the same period in 2015 tax payments amounted to 1.4 billion UAH. The transferred amount includes taxes, fees and other mandatory payments to the budgets of all levels…Details
The decisions of the Eurasian Economic Commission of June 2, are suspended in order to let the Eurasian intergovernmental council study the matter. In late May EEC decided to impose antidumping duties on ferrosiliomanganese from Ukraine for 5 years. The duties amounted to 26.35% of the customs price. The compensational investigation was started on December…Details
The Cabinet of Ministers has approved of appointing Andrei Dyachenko the general director of the state coalmining enterprise Lvivugol.
Previously Dyachenko worked as the acting general director of the company.
In March the Ministry of energy and coal industry announced Dyachenko the winner of the competition for the office of Lvivugol CEO. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max May 512 731 521 571 422 569 June 558 783 521 571 422 569 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to…Details
The Cabinet of Ministers allowed the privatization of the Buzhanskaya mine, a part of Volynugol. The corresponding decision has been stated in the decree of July 22. For the past three years the mine has been profitless. Its accounts receivable for 2015 total 82.42 million UAH, in particular, 56.36 million UAH to the state budget…Details
Metinvest-Promservice has started repairing the sintering machine No. 4 within the framework of the Mariupol Ilyich Iron and Steel Works sintering factory reconstruction.
“We have already disassembled the main machinery and started assembling new gas-purifying panels”, said the company CEO Mikhail Rubtsov. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* Export, Ukraine, $/t, FOB Black sea ports min max min max min max May 346 588 436 525 390 430 June 442 588 352 441 370 380 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16…Details
In June Ukraine produced 78.6 thousand tons of ferroalloys, down by 14.9% MoM, or by 13.8 thousand tons.
According to the Association of Ukrainian Ferroalloy Producers, in January-June ferroalloys output increased by 3.2% YoY, or by 15.1 thousand tons, to 489.9 thousand tons. (Ukrainian metal)
In June Ukraine exported $33.14 million tons of steel pipes, with imports on the level of $6.13 million.
According to the State Fiscal Service, the largest importer of Ukrainian pipes in June was Russia ($10.55 million).
In January-June Ukraine exported $186.83 million worth of steel pipes, while imports totaled $57.29 million. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max May 237 241 228 285 275 297 275 320 June 237 237 247 284 230 280 235 280…Details
In January-June Poltava Mining and Processing Works exported 5.74 million tons of iron ore pellets. Products went mostly to Europe and Near East countries, as well as to Japan, China and Korea. Central GOK exported 1.1 million tons of pellets. In H1 2016 PGOK produced 5.72 million tons of iron ore pellets, with CGOK producing…Details
In June Ukraine exported $195.82 million worth of steel semi-finished products, while imports reached $0.71 million.
According to the State Fiscal Service, in June the main importer of Ukrainian semis was Italy ($70.07 million).
In January-June Ukraine exported $1102.36 million worth of steel semis, with imports on the level of $5.61 million. (Ukrainian metal)
On July 19, the quotation committee of the Ukrainian Stock Exchange decided to exclude Donetskkoks shares from the exchange list. The decision came into effect on July 20. The exclusion followed the rules of the Ukrainian Stock Exchange due to the registration of the issuer as the private joint-stock company. Since July 1, the Ukrainian…Details
In June Ukraine exported $65.15 million worth of ferroalloys, while imports totaled $7.67 million.
According to the State Fiscal Service, the major importer of Ukrainian ferroalloys in June was Italy ($12.46 million).
In January-June Ukraine exported $339.18 million worth of ferroalloys, with imports on the level of $38.72 million. (Ukrainian metal)
In January-June DTEK Pavlogradugol received 656.51 million UAH of net losses, up 8.4 times YoY, or by 578.33 million UAH. According to the company statement, its net profit decreased by 0.9% YoY, or by 84.44 million UAH, to 9780.51 million UAH. In H1 2016 DTEK Pavlogradugol manufactured 5953.59 thousand tons of coal products and sold…Details
In June manganese concentrate and sinter output went up by 18.9% MoM, or by 22.9 thousand tons, to 144.2 thousand tons.
According to the Association of Ukrainian Ferroalloy Producers, in January-June Ukraine produced 403.8 thousand tons of manganese concentrate and sinter, down by 37.1% YoY, or by 237.8 thousand tons. (Ukrainian metal)
In June Ukraine exported $141.69 million worth of iron ore, while imports reached $4.5 million.
According to the State Fiscal Service, the main importer of Ukrainian iron ore in June was China ($41.78 million).
In January-June Ukraine exported $817.22 million worth of iron ore, with imports at $51.47 million. (Ukrainian metal)
In January-June Donetskstal received 963.12 million UAH of losses, down by 69.96% YoY, or by 2.24 billion UAH. The company net income increased by 14.15% YoY, or by 775.32 million UAH, to 6.25 billion UAH. In April-June Donetskstal received 693.03 million UAH of profits, having increased its net income by 1.1% YoY, or by 35.5…Details
In June Ukraine exported $181.59 million worth of flat rolled metal, with imports on the level of $53.04 million. According to the State Fiscal Service, the main importer of Ukrainian flat rolled metal in June was Russia ($37 million). In January-June Ukraine exported $846.87 million worth of flat rolled metal, while imports totaled $239.48 million.…Details
In May Metinvest group increased its EBITDA by 29.3% MoM, or by 46 million UAH, to $203 million.
The group income went up by 6.18% MoM, or by $31 million, to $533 million.
In April Metinvest had EBITDA of $157 million, and $91 million in May. (Ukrainian metal)
Ferrexpo plc, controlling Poltava Mining and Processing Works, hopes that all the permission procedures to allow the construction of Bilanovsky Mining and Processing Works, will be completed in December. According to PGOK chairman Victor Lotous, the main problem now is the purchase of land plots. From the time the construction works start and the first…Details
KAZ Minerals company reduced the cost of the expected Aktogay copper mine project in Kazakhstan by $100 million to $2.2 billion, the company reported. “The project has benefited from the experience gained at Bozshakol mine project and from the use of local contractors following the 2015 tenge devaluation”, the company’s message said. The lowered budget…Details
Metalloinvest has redeemed its debut eurobond issue. The eurobonds for a nominal amount of $750 million were issued on the London Stock Exchange in 2011 with a five-year maturity period and an annual coupon rate of 6.5%. The redemption of the debut Eurobond issue and coupon payments were executed in full and in accordance with…Details
Throughput of Rosterminalugol in 2016 has reached 9 million tons year-to-date, the company’s press release says. The milestone ton was loaded on July 20. Rosterminalugol was established in 1996 to build and operate the coal terminal at Port of Ust-Luga. The company specializes in loading / unloading operations, freight forwarding services, building and maintenance of…Details
Azovstal Iron and Steel Works plans to have completed the construction of pulverized coal injection plant (PCI) by the end of this year and phase out natural gas for ironmaking. Pre-assembly of PCI steel structures is currently in progress. Metinvest Engineering, LLC acts as the General Contractor and the General Designer in this project. The…Details