In 2016 metal consumption in Ukraine will grow by 2.6% YoY, or by 3358 million tons, according to Metinvest-SMC. “We believe the rise will continue next year as well. At least all the companies involved should demonstrate better results”, said the company CEO Dmitry Lippa. He also noted the increase in the mining industry by…
DetailsIn January-May Poltava Mining and Processing Works exported 4.99 million tons of iron ore pellets. According to Ukrpromvneshexpertisa, pellets were exported to Europe and the Near East, as well as Japan, China and Korea. At the same time Central GOK exported 870 thousand tons of pellets. In January-May Poltava GOK produced 4.82 million tons of…
DetailsVladimir Potanin, president of Norilsk Nickel, came to Norilsk. He visited various production sites, where the company carries out its strategic projects, and held business meetings with the Polar Division management to discuss reconfiguration of production, implementation of capacity increase programs, and improvement of the environmental situation in Norilsk industrial region. According to Norilsk Nickel…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max min max April 18 20 22 26 May 17 20 26 30 * – 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 January-June Zaporizhstal produced 1987.8 thousand tons of steel, up by 2.2% YoY, or by 43.4 thousand tons. According to the company statement, it has also increased pig iron (by 2.7% YoY, or by 49.2 thousand tons, to 1846.8 thousand tons) and rolled metal (by 3.5% YoY, or by 58.6 thousand tons, to 1736.2 thousand…
DetailsArcelorMittal Kriviy Rih has opened a metal warehouse in the central region of Ukraine, in the city of Dnieper (renamed from Dniepropetrovsk). “This is our 8th warehouse in Ukraine, we plan to supply over 3 thousand tons of metal from there each month. The warehouse carries all the AMKR products”, said the company in its…
DetailsAccording to Ukrmetallurgprom, in the first half of 2016 metal companies produced 12.45 million tons of steel, up by 11%, 10.9 million tons of rolled metal, up by 12%, and 11.94 million tons of pig iron, up by 17% YoY. Pipe output decreased by 7%, to 398 thousand tons, while that of coke went up…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max min max April 414 414 427 427 May 443 443 471 471 * – 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…
DetailsUpon completion of the open tendering procedure, Norilsk Nickel has picked the contractor for supply and installation of communication equipment required for developing the transportation network and outfitting the backup area with radio-link communication across the Yenisei River, as part of the project involving the construction of fiber-optic communication line (FOCL) from Novy Urengoy to…
DetailsIn January-May industrial output in Donetsk region (without the antiterrorist operation zone) increased by 7.2% YoY, but in May it was down by 4% MoM and by 1.2% YoY. The regional metal output went up by 9.3%, while mining production rose by 15.9%, all YoY. Coal mining reached 6.3 million tons, up by 17.1% YoY.…
DetailsIn May the Central Mining and Processing Factory, registered in Antrazit, the city in the Russia-supported terrorist-controlled territory, started exporting anthracite having acquired the appropriate license from the Ukrainian authorities. The coal was supplied to Slovakia. The coal price on the border is around $80 per ton DAP. The precise export volumes of the Central…
DetailsIn the first quarter United Mining and Chemical Company received 177.3 million UAH of pre-tax profits, with net income exceeding 400 million UAH. Net profits reached 144 million UAH, with EBITDA at 168.9 million UAH. In the first quarter of 2015 the company net income totaled 215 million UAH, with net profits at 44.9 million…
DetailsArcelorMittal Kriviy Rih has created a private company Steel Service to provide auxiliary services to manufacturing processes of the company. “Steel Service will provide high quality service to AMKR from the single center. We can take any auxiliary function and develop it, increasing its quality and implementing innovations”, said the company director Irina Footrook. (Ukrainian…
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 378 630 362 388 480 485 400 485 May 452 700 433 453 425 470 430 475…
DetailsThe shutdown is a step in the comprehensive plan to close up the obsolete nickel production facilities and move the feed to other sites. Nickel Plant, in operation since 1942, is located within the city limits and negatively impacts the environment. “Last year Nickel Plant emitted 340 thousand tons of sulfur dioxide, half of which…
DetailsVostochny Mining and Processing Works has chosen the trading house Eco-Service for the delivery of 12.82 thousand tons of lime worth 34.75 million UAH in July-December.
The offer was accepted on June 21. Torgservice Company offered 36.56 million UAH. (Ukrainian metal)
Ukraine will continue to buy Russian coal if necessary, said the Russian Ministry of energy and coal industry head Alexander Novak. “We’re continuing to sell coal to Ukraine. A couple of million tons this year for sure”, he said. According to him, there is no such situation when Ukraine stops buying Russian coal at all.…
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 min max min max min max April 306 459 344 354 430 485 May 337 572 431 518 390 430 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.05.16…
DetailsNorilsk Nickel Polar Division has received a team of foreign investors on a business visit composed of BMO, HSBC Securities (South Africa), Pioneer AM, Fosun AM, BAML, Goldman Sachs, VTB, Deutsche Bank, Alfa-Bank. The foreign guests enjoyed an opportunity to look at the sheer scale of the company’s footprint with their own eyes and learn…
DetailsThe state enterprise Ukrpromvneshexpertisa says iron ore raw materials average prices in July will fall by 8-10% MoM, or by $4-5 per ton, to $45-46 per ton. The price decrease will be the result of the considerable fall of flat and long rolled metal prices on Chinese markets and the seasonal drop of steel demand.…
DetailsUkrmetallurgprom believes that in 2016 Ukraine will produce 29 million tons of steel, up by 26.6% YoY, or by 6.1 million tons.
To produce this amount of steel metal companies will need 8.12 million tons of scrap. (Ukrainian metal)
In May Ukraine exported $217.87 million worth of steel semi-finished products, with imports on the level of $0.99 million.
According to the State Fiscal Service, Egypt was the primary importer of Ukrainian steel semis in May ($63.81 million).
In January-May Ukraine exported $906.54 million worth of steel semis, while imports reached $4.9 million. (Ukrainian metal)
DTEK expects the anthracite coal delivery from the Russia-supported terrorists-occupied regions of Donbass to renew. “The primary reason for the delivery stop was the railroad strike on the yonder side. But now it has stopped. Because of the military activities the railroad infrastructure was damaged, but it is being repaired. Still, the situation changes every…
DetailsKola MMC (Norilsk Nickel affiliate) has delivered an upgraded central storage facility for inventories with an approximate area of 3 thousand square meters at its Monchegorsk site. A hired contractor remodeled the layout of the building, overhauled the flooring, and modernized lighting and heating systems. To improve efficiency of floor space utilization, the on-the-floor storage…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166* min max min max April 419 419 370 370 May 419 419 504 558 * – 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 2015 Interpipe paid 1.04 billion UAH of taxes. 45% of the amount (469 million UAH) was transferred to the state budget, 22% (237 million UAH) – to the city budgets of Dniepropetrovsk, Novomoskovsk and Nikopol, 30% (309 million UAH) was paid to various funds. Interpipe has also paid 17.6 million UAH of military tax.…
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