Month Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max min max March 393 393 319 319 April 425 425 426 426 * – 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…
DetailsMariupol Ilyich Iron and Steel Works has finished capital repairs at its blast furnace No. 4 and intends to put it into operation. “Its capacity is 3800 tons of pig iron daily”, said the company in its statement. The blast furnace was stopped in late 2015, the capital repairs started in March. “It’s early to…
DetailsArmy of dignity has stopped a truck laden with non-ferrous radioactive pipes at the exit from the Chernobyl zone. According to the activists, there were several trucks driving out of the zone, but only one was stopped. There were also a couple of luxury-class cars. According to the drivers, the cargo was checked at two…
DetailsMonth Russian market, $/t, DDP, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.1865* min max min max March 644 886 721 792 April 650 890 760 900 * – 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…
DetailsIn January-April Donetsk region (without the Antiterrorist operation zone) industrial output went up by 9.6% YoY, with April results growing by 2.4% MoM and 8.7% YoY. Metal output increased by 10.4%, mining – by 21.4% and coke – 1.6 times, all YoY. Coal mining went up by 21.8% YoY, to 5.2 million tons. Pig iron…
DetailsIn 2015 Metinvest received $1 billion of net losses, while in 2014 it got $159 million of net profits. According to the company statement, the negative financial results are connected with the drop in revenues, depreciation of trade and other accounts receivable, as well as the decrease of profits due to exchange rate differences. “These…
DetailsIn January-March DTEK companies produced 7.2 million tons of coal (up by 5.8% YoY), generated 9.8 billion kWh of electricity (down by 10.9%), transmitted 12.1 billion kWh of electricity via networks (down by 0.5%) and produced 381.1 million cubic meters of natural gas (up by 47.7%). “Recently, the progress of the energy sector reforms has…
DetailsMechel reports that its chief financial officer Andrey Slivchenko is leaving the company following the completion of his two-year contract. “We are deeply grateful to Andrey Slivchenko for his huge contribution into our efforts on stabilizing the company’s financial situation. Andrey joined our team at a very complicated time and has well discharged the duties…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* Export, Ukraine, $/t, FOB Black sea ports min max min max min max March 275 395 273 282 340 390 April 315 472 282 356 430 485 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16…
DetailsThe State Fiscal Service of Ukraine gives out permits for the export of scrap despite the decree of the District Administrative Court of Kiev. In particular, the Nikolayev Customs has given out electronic customs declarations to a Kiev and a Zaporozhye companies for scrap export. The end customer is a Turkish company. The court prohibited…
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Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* |
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|
min |
max |
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| March |
251 |
316 |
| April |
282 |
377 |
* – 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)
The Ministry of energy and coal industry head Igor Nasalik says coal price can still grow. “Coal price should meet European price. We seek to increase the price”, he said. According to him, the coal industry is suffering from the lack of financing. The ministry is working on state subsidies, management quality increase, but still…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max March 422 670 521 561 422 569 April 446 673 521 561 422 569 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to…
DetailsThe Ministry of energy and coal industry intends to close down 11 state mines. “We will shut down 11 mines. We have chosen 15 mines and can make them profitable; after that we will privatize them”, said the ministry head Igor Nasalik. The remaining 7 most profitable mines will remain in the state ownership. Last…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max March 202 236 161 214 235 250 190 250 April 202 236 183 243 280 285 275 300…
DetailsZaporizhstal has successfully passed power management system resertification audit to meet ISO 50001:2011. The audit was carried out by the Technical and management services company, a partner of TUV SUD. The auditors have marked the high level of power management and prolonged the certificate for 3 years. For the past three years Zaporizhstal was able…
DetailsIn 2015 Metinvest decreased investments by 54% YoY, to $285 million. “The holding carried on with its investment projects in accordance with the technological strategy”, said the company in its statement. Metal and mining divisions received 48% of investments each. Due to the conflict in the region priorities moved to the supporting projects and those…
DetailsThe Ministry of energy and coal industry supports the idea of implementing coal mining rent. “We do support this rent, but not at the moment – some time later”, said the minister Igor Nasalik. The ministry sees this idea as a way to finance profitless mines at the expense of highly profitable ones. “We take…
DetailsMariupol Ilyich Iron and Steel Works has found a way to decrease losses of air blast under low capacity or fanning. “Our specialists have found a way to decrease the minimal turbine turning frequency and steam consumption. This is also important as the blast-furnace gas becomes scarce, because of the drop in blast-furnace output. Thus…
DetailsEnergomashspetsstal will produce a batch of rolls for Steinhoff GmbH (Germany). The company has already started making billets of supporting and working rolls for cold-rolling mills. “According to the contract, in July EMSS will supply 12 rolls weighing 66.5 tons to Germany. They will be completely treated here”, said the company in its statement. EMSS…
DetailsMagnitogorsk Iron & Steel Works (MMK) is pleased to announce that on May 23, the rating agency Fitch Ratings revised the outlook on its long-term issuer default rating (IDR) to positive from stable and affirmed the IDR at ‘BB+’. In its press-release Fitch notes that the positive outlook reflects MMK’s strong financial performance which allowed…
DetailsWithin the order from Russia Khartsyzsk Pipe Works started producing large diameter pipes. The total weight of the order is around 100 thousand tons. The works, situated in the terrorist-occupied city of Khartsyzsk, belongs to Metinvest. In February it was visited by Putin’s henchman Surkov. Experts believe that the completion of this order for Russia…
DetailsIncrease of Chinese iron ore indexes has positively affected Ukrainian iron ore export prices. Average price in April was $45 per ton, up by $11.5 per ton MoM, or by 34.4%. “Ukrainian export prices in May went up by 3-7%. But we believe, that in June it will turn into a decrease of 10-15% due…
DetailsSupervisory board of Dneprometiz has appointed Anatoly Frishman, CEO of Severstal-Metiz (Russia), its chairman.
Frishman has been appointed until the next annual meeting of the shareholders.
Chief accountant deputy of the company Lilia Dubovichenko has been appointed chairman of the revision committee. (Ukrainian metal)
Kola (subsidiary of Norilsk Nickel) has decommissioned the pelletizing and roasting sector (PRS), in effect abandoning the obsolete technology used since 1960s and shifting to copper-nickel concentrate briquetting. Kola completed this work in line with Metallurgical production facilities revamping program, specifically to improve the company’s environmental performance. The shutdown of the roasting area required major…
DetailsUkraine’s EU export share accounts for 38.5%, up by some 6% YoY. At the same time its volumes in Q1 went down by 2.7% YoY. In January-April Ukraine exported $3.2 billion worth of products to EU ($3.7 billion together with services), mining and metal share was 20.5%. Iron ore, concentrate and ferroalloys deliveries decreased. (Ukrainian…
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