In early May Donetsk Iron and Steel Works put its blast furnace #1 into operation. It’s a complex process, and at any moment it could be stopped because of the raw materials supplies instability. Alchevsk Iron and Steel Works also intended to put a blast furnace into operation, but wasn’t able to do it. The…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 410 410 362 362 March 410 410 362 362 * – 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…
DetailsIn 2015 ArcelorMittal Kriviy Rih invested over $200 million into development. “If we take the highly unstable exchange rate into account, then we have invested more that $200 million”, said the company CEO Paramjit Kahlon. According to him the works has finished the construction the pulverized coal injection complex at its #9 blast furnace, overhaul…
DetailsIn April Zaporozhogneupor increased molded refractories output. In particular, according to the company statement, its high-aluminous wares output went up by 110%, that of calcinated chamotte – by 58%, of concretes – by 45%, all YoY. All in all in April the works produced 1111 tons of high-aluminous wares, 3399 tons of calcinated chamotte, 294…
DetailsMetinvest Group has decided to change the ownership type of its Azovstal, Mariupol Ilyich Iron and Steel Works, Yenakievo Iron and Steel Works, Khartsyzsk Pipe Works, Avdiidka Coke and Chemical Works, and Central Mining and Processing Works from public to private joint-stock companies. “All the companies have held shareholders meetings and decided on changing the…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 266 404 231 263 March 267 426 243 263 * – 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 Commercial Court of Kiev stated that the Industrial Union of Donbass companies debt to Metinvest Holding was 8.46 billion UAH, while Metinvest claimed 24.51 billion UAH. The court has decreased Metinvest claims in all three suits: two to Dneprovsky Iron and Steel Works named after Dzerzhinsky and one to Alchevsk Iron and Steel Works.…
DetailsThe Industrial Union of Donbass Corporation and its companies from Lugansk region have been reregistered on the territory controlled by the Ukrainian government. “Following the shareholders meetings at Alchevsk Iron and Steel Works, Alchevsk By-Product Coke Plant and Ecoenergia, all the companies have been reregistered at Severodonetsk, that is under control of Ukraine. The companies…
DetailsMechel announces that Glass Lewis and ISS, independent proxy advisory firms, have recommended Mechel shareholders to vote to approve the deals with creditors at the company’s extraordinary general meeting scheduled for May 26. Glass Lewis and ISS recommended that Mechel shareholders approve of the transactions on providing and changing suretyships and pledges provided by the…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 37 43 44 51 March 40 46 64 68 * – 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 Zaporizhstal received 1.8 billion UAH of net profits, up by 61% YoY, or by 684.3 million UAH.
According to the company statement, its net income last year went up by 41.99% YoY, or by 9.28 billion UAH, to 31.39 billion UAH. (Ukrainian metal)
In 2015 Novotroitsk Mine Group received 181.56 million UAH of net profits.
According to the company statement, its net income increased 2.8 times YoY, or by 282.79 million UAH, to 439.68 million UAH. (Ukrainian metal)
Shareholders of Zaporozhkoks have changed the ownership of the company from public to private joint-stock company.
This has been done based on the Decree “On joint-stock companies”. The shareholders have also stipulated the new articles of the organization that came into effect on May 1. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max February 305 615 271 279 265 295 260 270 March 305 615 273 318 360 385 340 380…
DetailsShareholders of Yenakievo Iron and Steel Works have increased the number of the supervisory board members from 1 to 5. Metinvest B.V. (the Netherlands) was dismissed from the board, and Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova (all of them being representatives of Metinvest B.V.) and Sergey Korenitsin (an independent director) were appointed instead,…
DetailsIn 2015 Yasinovskiy By-Product Coke Plant received 357.01 million UAH of losses, up by 61% YoY, or by 135.2 million UAH.
Last year the company decreased its net income by 40.68% YoY, or by 785.05 million UAH, to 1144.55 million UAH. (Ukrainian metal)
In 2015 Marganets Ore-Repairing Works received 0.14 million UAH of net profits.
According to the company statement, its net income last year increased by 77.76% YoY, or by 19.22 million UAH, to 43.94 million UAH.
The works repairs mining and processing machinery and produces spare parts. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 249 327 225 271 March 281 327 262 271 * – 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 April Yuzniy Mining and Processing Works produced 136.9 thousand tons of sinter, up by 13.1% YoY. At the same time, its concentrate output dropped by 5.6% YoY, to 889.5 thousand tons. According to the company statement, in January-April it produced 3603.8 thousand tons of concentrate and 532.2 thousand tons of sinter, down by 3.8%…
DetailsArcelorMittal Kriviy Rih has completely stopped delivering its metal to Russia, as it’s economically inexpedient, but could resume the shipping provided the price increases. “We don’t sell much in Russia. But we could possibly resume our sales there”, said the company CEO Paramjit Kahlon. According to him, the market started to revive and metal prices…
DetailsEnergomashspetsstal has received an order from AH Industries (Denmark) to produce rotor shafts for wind turbines MM92. The machinery will be used by the largest wind generators producer in Germany Senvion SE. “EMSS will supply 15 rotor shaft billets for wind generators weighing 132.75 tons. The company will fully process the billets and supply them…
DetailsIn 2015 Makeevka By-Product Coke Plant received 12.77 million UAH of losses, down by 40% YoY, or by 8.57 million UAH.
According to the company statement, its net income fell by 54.26% YoY, or by 2.74 million UAH, to 2.31 million UAH. (Ukrainian metal)
Shareholders of Donetskstal have dismissed Yuri Filatov from the office of the supervisory board chairman and appointed Dmitry Christodulidi instead. According to the company statement, Christodulidi was the economy and finance deputy to the general director. Shareholders have also reelected Mikhail Ilyashov and Natalia Lobacheva supervisory board members. The board has been appointed for 3…
DetailsMore than twenty applications from various Russian and foreign companies were submitted for the contest. Projects notable for innovative solution and creative approach, as well as containing feasibility study, became winners. The contest’s jury composed of experts from major recruiting and consulting companies gave the first place in the nomination “Best students-engaging program” to Norilsk…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 15 18 15 18 March 18 19 20 22 * – 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…
DetailsMarganets Mining and Processing Works and Ordzhonikidze Mining and Processing Works resumed their operation.
According to the executive director of Association of Ukrainian Ferroalloy Producers Sergey Kudryavtsev, the operation of the companies stopped in December 2015.
In March OGOK produced 7.2 thousand tons of manganese concentrate, while MGOK output totaled 46.4 thousand tons. (Ukrainian metal)