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.…Details
Month 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…Details
Norilsk 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…Details
The 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.…Details
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…Details
Kola 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…Details
Month 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…Details
In 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.…Details
Azovstal Iron and Steel Works has initiated exercises to check the effectiveness of interaction between emergency services and the staff in case of an accident.
The works divisions will enact evacuation and rescue, safe mode operation and elimination of accidents. (Ukrainian metal)
Alchevsk Iron and Steel Works has put its blast furnace No. 5 into operation after a short halt due to the lack of electricity. According to ISD legal department director Sergey Tkachenko, the blast furnace has been idle for a week. The works has also been on halt since June 1 till June 13 because…Details
Month 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 197 230 183 243 280 285 275 300 May 230 235 225 282 275 297 275 320…Details
On June 27, the smelting and roasting shops of the Nickel Plant were stopped. Nickel Plant Closure Project is one of the steps of large-scale environment-oriented program of Norilsk Nickel production facilities reconfiguration. Nickel plant is the oldest asset of the company (it was commissioned in 1942) with annual sulfur dioxide emissions amounting to 380 thousand tons.…Details
Makeevka subsidiary of Yenakievo Iron and Steel Works plans to put its wire rod 150 mill into operation. “Rebar 390 mill is working normally and produces 1.2 thousand tons of metal daily”, said the company in its statement. The EMZ itself is constantly increasing output. “The company produces 2.8 thousand tons of pig iron, as…Details
In May Ukraine exported $154.07 million worth of flat rolled metal, with imports on the level of $45.38 million.
According to the State Fiscal Service, Russia was the largest importer of flats in May ($23.97 million).
In January-May Ukraine exported $670.6 million worth of flat rolled metal, while imports totaled $186.42 million. (Ukrainian metal)
In May Ukraine exported $31.48 million worth of steel pipes, with imports on the level of $6.34 million.
According to the State Fiscal Service, Russia was the major importer of pipes ($6.31 million).
In January-May Ukraine exported $153.68 million worth of steel pipes, while imports reached $50.71 million. (Ukrainian metal)
Zaporozhyeoblenergo power company has limited energy supplies to Zaporozhye Titanium and Magnesium Works because of the 300 million UAH debt for electricity. The power company informed ZTMK about the debt and its intention to limit electricity supply. On February 9, ZTMK was cut from electricity for a debt of 193 million UAH, but shortly after…Details
NLMK Kaluga, a new generation EAF plant (part of NLMK Long Products) that manufactures a wide range of long products and sections used in construction, has produced its two millionth ton of finished steel. The mill produced its three millionth ton of crude steel in its EAF shop earlier in June. The plant uses its…Details
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.166*
* – 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 Russian Federation. (Ukrainian Metal)
ArcelorMittal Berislav has dismissed Wilhelmer Michael from the office of the supervisory board. Michael has resigned, he owns no company shares. In 2015 ArcelorMittal Berislav received 40.4 million UAH of losses, having increased its net income 3.3 times YoY, or by 48.26 million UAH, to 68.98 million UAH. The company mines limestone used in construction…Details
Ukrzaliznytsia (Ukrainian Railways) has chosen Metinvest-SMC to supply 25.4 thousand tons of construction materials worth 616.05 million UAH.
In particular, the railroad intends to buy 25435 tons of sections, encased piles and construction elements of railroad and tramways of hot-treated steel. Metinvest-SMC has to deliver the products by the year-end. (Ukrainian metal)
In May Ukraine exported $150.18 million worth of long rolled metal products, with imports on the level of $14.42 million. According to the State Fiscal Service, Russia was the largest importer of Ukrainian long rolled metal in May ($21.17 million). In January-May Ukraine exported $675.77 million worth of long rolled metal products, while imports totaled…Details
Month Russian market, $/t, DDP, without VAT, $1/RUR66.0825* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.166* min max min max April 650 890 760 900 May 640 940 760 900 * – 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…Details
A meeting of the State Commission for the Development of the Arctic Region presided by the deputy chairman of the government of the Russian Federation Dmitry Rogozin and attended by Nikolai Rogozhkin, envoy from the President of the Russian Federation in the Siberian Federal District, took place in the first two weeks of June on…Details
In May metal companies didn’t receive 79 thousand tons of scrap, according to the state enterprise Ukrpromvneshexpertisa. “Despite the decree prohibiting scrap export, the market was 79 thousand tons short. This forced metal companies to import raw materials (6 thousand tons of scrap and 18 thousand tons of hot-briquetted iron) and use too much pig…Details