Ukraine: DMZ close to complete halt

Donetsk Iron and Steel Works can soon stop its operation completely. Because of the railway strike the works can’t get pellets and supply pig iron.

“We have pellets stocks for a couple of days”, said a source at the works and added that one of the blast furnaces had been stopped. (Ukrainian metal)

Metals of Ukraine & Russia: square billets (structural steel), April 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865*

min

max

March

195

289

April

205

289

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: metal works on occupied territories stopped

Several iron and steel works, situated on the Ukraine-uncontrolled territories of Donetsk and Lugansk regions, have been stopped because of the Donetsk railway strike. A week ago railroaders went on a strike demanding their salaries to be paid. Alchevsk Iron and Steel Works has temporarily closed-down all of its blast furnaces. Yenakievo Iron and Steel…

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Ukraine: Metinvest invest over 45 billion UAH into development

For the past several years Metinvest invested over 45 billion UAH into development of its companies. “We have completely modernized the Yenakievo Iron and Steel Works, we’ve implemented cyclic-and-continuous technology at all our GOKs. We put into operation PCI machines at Ilyich. We’ve modernized Azovstal continuous cast machines”, said the group CEO Yuri Ryzhenkov. Metinvest…

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Ukraine: Cyprus to buy NPTZ

Wolbert Company, Plamsted and Kamset Holdings (all from Cyprus) intend to buy 19.3% of Nikopol South Pipe Works shares each.

According to the company statement, Wolbert Company will buy 72716543 shares, Plamsted will purchase 72716544 shares, and Kamset Holdings plans to buy 72716544 shares of NPTZ. (Ukrainian metal)

Ukraine: manganese output up in April 2016

In April Ukraine produced 84.7 thousand tons of manganese concentrate and sinter, up by 58% MoM, or by 31.1 thousand tons.

According to Association of Ukrainian Ferroalloy Producers, in January-April output fell by 59.1% YoY, or by 199.5 thousand tons, to 138.3 thousand tons. (Ukrainian metal)

Ukraine: AMKR starts producing square rebars

ArcelorMittal Kriviy Rih started producing a new type of metal products according to NAN – die-rolled section No. 10 rebar with square core. In the near future the company plans to start producing such rebars of No. 8 and 12 sections.

AMKR wire shop has already produced 1 thousand tons of square rebars. (Ukrainian metal)

Ukraine: EMSS to make billets for JKZ Bucovice

Energomashspetsstal has concluded an agreement to produce and supply 15 billets to JKZ Bucovice.

According to the company statement, EMSS will produce forged plates and rods and supply them in Q3. The total weight of the lot after mechanical treatment will be 172.53 tons. The billets will be used to produce die tooling. (Ukrainian metal)

Ukraine: coal industry in need of state support

Ukraine’s coal industry needs state support in order to prepare for the heating season of 2016-2017.

“Without the state support coalminers will have problems this heating season. I think the government will find funds to provide for the difference in product price”, said the minister of energy and coal industry Igor Nasalik. (Ukrainian metal)

Ukraine: DTEK euroobligation price increase due to restructuring

CEO of DTEK Maxim Timchenko explains the increase in price of the company bonds with the rise of output and the progress in debt restructuring.

In Q1 the company was able to reach normal coal output volumes and started paying its debts in late April. (Ukrainian metal)

Russia: Kola implements latest design technologies for construction

Kola MMC (a subsidiary of Norilsk Nickel) has pioneered surface laser scanning of the facility under construction. The company uses the latest 3D modelling technologies to implement the largest environmental investment project in the Murmansk region, “Recycling of Salt Effluents from Nickel Refining”. This project involves the construction of the most advanced evaporation plant for…

Details

Metals of Ukraine & Russia: round billets (ordinary steel), April 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865*

min

max

March

281

334

April

311

326

* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)