Russia: Mechel 2015 operational results

Mechel, one of the leading Russian mining and metals companies, announces 2015 operational results. Production: Product 2015, thousand tons 2014, thousand tons % Q4 2015, thousand tons Q3 2015, thousand tons % Run-of-mine coal 23,181 22,624 +2 5,776 5,957 -3 Pig iron 4,065 3,946 +3 1,006 1,014 -1 Steel 4,321 4,269 +1 1,081 1,093 -1…

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Ukraine: Kharkiv to supply by-product coke complexes to India

India has invited Ukrainian companies to cooperate in metal, chemical, machine-building and textile industries. “Ukraine is interested in providing services to India, in particular in construction and reconstruction of by-product coke complexes”, said Elena Balbekova, director of the international trade and economical cooperation and European integration department of the Ministry of economical development and trade.…

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Ukraine: coal export-import in April 2016

In January-April Ukraine imported $463.92 million worth of coal, including $106.65 million in April. According to the State Fiscal Service, Russia supplied $287.41 million worth of coal, USA – $62.38 million, Australia – $35.68 million, while other countries supplied $78.44 million worth of coal. The total imports of the coal reached 5350.46 thousand tons. At…

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Ukraine: pig iron exports up in January-April 2016

In January-April Ukraine exported 698 thousand tons of steel-smelting pig iron, up by 19.2% YoY.

According to the State Fiscal Service, pig iron exports brought Ukraine $120.04 million UAH, down by 27.4% YoY.

Most exports went to Turkey (29.74%), USA (26.67%) and Italy (20.54%). (Ukrainian metal)

Ukraine: AMKR held international blast furnace operators conference

On May 12, ArcelorMittal Kryviy Rih hosted the international scientific-production conference of blast furnace operators “PCI in Blast Furnace Process: commissioning experience and solving issues”. The representatives of major steel companies, unions and holdings of Ukraine as well as representatives of Ukrainian and international companies and scientific-project organizations took part in it. The participants of…

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Metals of Ukraine & Russia: scrap (grade 3a), March 2016

Month

Russian market, $/t, FCA, without VAT, $1/RUR67.6076*

min

max

February

59

131

March

59

141

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: Makeevka Coke elects supervisory chairman

Supervisory board of Makeevka By-Product and Coke Plant has dismissed Sergey Medyantsev and appointed Igor Nadich as the chairman instead.

According to the company statement, Medyantsev office has expired. Nadich has been appointed till April 25, 2017. He used to work as the assets management director and was supervisory board member. (Ukrainian metal)

Metals of Ukraine & Russia: beams (structural steel), March 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR67.6076*

min

max

February

408

657

March

428

638

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: Evraz Sukhaya Balka elects chairman

Supervisory board of Evraz Sukhaya Balka has elected Alexander Rybalko its chairman.

According to the company statement, Rybalko has been elected for 1 year and is the representative of Palmrose B.V. (the Netherlands), owner of 99.25% of the works.

In 2015 Evraz Sukhaya Balka received 632.96 million UAH of losses. (Ukrainian metal)

Ukraine: AMKR to produce 6.9 million tons of steel in 2016

In 2016 ArcelorMittal Kriviy Rih intends to produce 6.9 million tons of steel.

According to the company CEO Paramjit Kahlon, it also plans to manufacture 5.8-5.9 million tons of pig iron.

In 2015 AMKR received 1.38 billion UAH of net profits. (Ukrainian metal)

Ukraine: Evraz Petrovsky elects chairman

Supervisory board of Evraz Dneprovsky Iron and Steel Works has elected Alexander Rybalko its chairman.

According to the company statement, Rybalko has been elected for 1 year and is the representative of Palmrose B.V. (the Netherlands), owner of 96.337% of the works.

In 2015 the company received 1091.96 million UAH of losses. (Ukrainian metal)

Ukraine: ferrous metals exports revenues down in January-April 2016

In January-April Ukraine decreased revenues from ferrous metals exports by 28.9% YoY, to $2072.39 million. According to the Customs statistics, ferrous metals totaled 19.16% of the export revenues as opposed to 23.25% in January-April 2015. In April ferrous metals export revenues reached $592.95 million. In the first 4 months Ukraine exported $209.61 million worth of…

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