Russian Vnesheconombank is actively looking for buyers of the Industrial Union of Donbass Corporation (ISD). ISD comprises of Dneprovsky Iron and Steel Works named after Dzerzhinsky, Alchevsk Iron and Steel Works and Alchevsk By-Product Coke Works, as well as ISD Dunaferr (Hungary) and ISD Huta Chestochowa (Poland). In 2015 Ukrainian ISD works received 24.8 billion…
DetailsShareholders of Evraz Bagleykoks have renamed the company into Evraz Yuzhkoks.
According to the company statement, they have also changed the ownership from public to private joint-stock company. (Ukrainian metal)
In 2015 Nikolaev Alumina Works produced 1.48 million tons of alumina, up by 1.8% YoY.
According to the company statement, its main goal last year was to optimize the prime cost of alumina to reach competitiveness under unstable aluminum and energy resources prices. The prime cost was decreased by 17% YoY. (Ukrainian metal)
In April Zaporizhstal noted a growth gain in pig iron production by 3.7%, in steel production – by 2.9%, in rolled stock – by 9.7% as compared with the same period of 2015. In April the company produced 269 thousand tons of pig iron, 301.7 thousand tons of steel and 272.9 thousand tons of rolled…
DetailsMechel, one of Russia’s leading mining and steel companies, reports its intention to restructure 17, 18 and 19 series of bonds. The company intends to offer holders of 17-series bonds (State registration number 4-17-55005-E dated 10.08.2010), 18-series bonds (state registration number 4-18-55005-E dated 10.08.2010) and 19-series bonds (state registration number 4-19-55005-E dated 10.08.2010) to introduce…
DetailsIn April Azovstal Iron and Steel Works received the most VAT among other metal and mining companies – 389.9 million UAH. According to the State Treasury, then came Mariupol Ilyich Iron and Steel Works (235.1 million UAH), followed by Zaporizhstal (189.7 million UAH). Evraz Sukhaya Balka received 86.9 million UAH, UGOK – 85.9 million, Interpipe…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 108 140 141 151 March 108 138 136 141 * – 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…
DetailsThe Ministry of energy and coal industry intends to have presented a plan on coal deliveries from Donbass in 2-3 weeks.
“We need such a financing procedure, which will make it clear where the money goes. That’s without VAT. We’re working on the mechanism”, said the ministry head Igor Nasalik. (Ukrainian metal)
Shareholders of Krasnodonugol have recalled Metinvest B.V. from the supervisory board.
Instead they have elected Metinvest Holding CEO Yuri Ryzhenkov, metal division director Alexander Pogozhev, acting financial director Julia Dankova, legal director Svetlana Romanova and financial control director Olga Khazimova. All of them have been elected for 3 years. (Ukrainian metal)
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Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* |
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|
min |
max |
|
| February |
221 |
274 |
| March |
241 |
304 |
* – 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)
Lisichanskugol has concluded an agreement with UPK-Audit Ltd for the financial audit valued at 300 thousand UAH. This was the third attempt of the company to find an auditor, two previous trades being cancelled due to the lack of participants. UPK-Audit Ltd will conduct an audit of finances of Lisichanskugol and all its subsidiaries for…
DetailsIn March salary debts to miners were 70-75% cleared. Salary debts have been partially cleared at Selidovugol and Volynugol. Lvivugol received 17.2 million UAH from the state and decided to spend 10 million UAH from coal sales to pay salary, so, it was able to clear 88% of the debt. Krasnoarmeyskugol miners still haven’t received…
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Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* |
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min |
max |
|
| February |
281 |
281 |
| March |
270 |
270 |
* – 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)
In January-April Ukraine mined 13.51 million tons of power-generating and coking coal, up by 9% YoY. According to the Ministry of energy and coal industry, state mines yielded 2.1 million tons, or 15.6% of the total volume. State mines output fall reached 6.8%. In April Ukraine mined 3.48 million tons of coal, with 501.4 thousand…
DetailsRolled plates of Mariupol Ilyich Iron and Steel Works have been certified for the correspondence to Turkey – Lloyd’s. “Now we can enter the Turkish shipbuilding market with our steel”, said the company CEO Yuri Zinchenko. “The quality of our shipbuilding rolled products has been confirmed. The next step is the receipt of TL certificates.…
DetailsIn January-April Ukrainian metal companies produced 8.23 million tons of carbon steel, up by 16.4% YoY. Pig iron output increased by 22.3%, to 7.87 million tons, that of rolled metal – by 17.1%, to 7.22 million tons, coke output went up by 34.9%, to 4.44 million tons, while that of steel pipes dropped by 10.4%,…
DetailsThe Verkhovna Rada on April 21 passed at second reading bill No. 3868 amending some Ukrainian laws on reducing the shortage of scrap ferrous metal on the domestic market. The document aims at providing for the needs of defense industry and restoration of infrastructure. The document increases export duties for scrap ferrous metals temporarily for…
DetailsUnited States Ambassador to Ukraine Geoffrey Pyatt has said that Metinvest in Mariupol is the example of extraordinary resilience of Ukrainian people According to the press release, the largest environmental project in Ukraine, sinter plant modernization, was demonstrated to the U.S. diplomat during his visit to the Mariupol Ilyich Iron and Steel Works. Pyatt was…
DetailsThe European Union (EU) considers that the increase of duties on the exports of metal scrap from Ukraine would represent a restrictive trade measure, the delegation of the EU to Ukraine has said. The EU has taken note with disappointment on the proposed amendments to Article 13 of the Law of Ukraine “On external economic…
DetailsMonth Russian market, $/t, DDP, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, DDP, $1/UAH26.218056* min max min max February 713 1012 672 1755 March 650 900 717 1750 * – 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…
DetailsIn 2015 Marganets Mining and Processing Works received 6.69 million UAH of net profits, up by 21.19% YoY, or by 1.17 million UAH. Net income went up 3.6 times YoY, or by 1.33 billion UAH, to 1.84 billion UAH, the company reported. This year MGOK intends to mine 484 thousand tons of beneficated manganese ore…
DetailsIn 2016 Severniy Mining and Processing Works plans to increase pellets output by 19.5% YoY, or by 1501 thousand tons, to 9191 thousand tons. According to the company statement, it also plans to mine 28864 thousand tons of ore, as well as produce 13000 thousand tons of concentrate. In 2015 the works mined 29.15 million…
DetailsShareholders of Evraz – Dniepropetrovsk Iron and Steel Works named after Petrovsky have decided to change the company name to Evraz Dneprovsky Iron and Steel Works.
According to the company statement, they have also changed the ownership of the company from public joint-stock company to private joint-stock company. (Ukrainian metal)
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Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* |
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min |
max |
|
| February |
362 |
362 |
| March |
362 |
362 |
* – 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)
In April Zaporizhstal produced 301.7 thousand tons of steel, up by 2.9% YoY. According to the company statement, pig iron output increased by 3.7% YoY, to 269 thousand tons, while that of rolled metal – by 9.7%, to 272.9 thousand tons. In January-April the works produced 1.27 million tons of steel, 1.17 million tons of…
DetailsIndustrial Union of Donbass denies the information in mass media about the disassembly and carrying away of equipment from Alchevsk Iron and Steel Works. “The works is operating under as good conditions as possible in the region. We don’t know what facts the Ministry of Defense has used to make such an announcement”, said the…
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