Kazakhstan: Vostochnaya Processing Factory produces 250 thousand tons of coal concentrate

Vostochnaya Processing Factory produced around 250 thousand tons of coal concentrate after the modernization completion. This is the record high result in the whole history of the factory. Modernization cost totaled 6 billion tenge. “Our main consumer is, of course, ArcelorMittal Temirtau. But we also supply concentrate to Ukraine (Kriviy Rih) and Russia (Altai-koks and…

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Ukraine: metal output in January-October 2016

In January-October Ukraine produced 20.16 million tons of carbon steel, up by 5.5% YoY. Pig iron production increased by 8.7%, to 19.64 million tons, that of rolled metal – by 6.7%, to 17.87 million tons. Metallurgical coke output went up by 12.3%, to 10.74 million tons, while that of steel pipes dropped by 0.5%, to…

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Metals of Ukraine & Russia: hot-rolled coils, September 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897*

min

max

August

384

390

September

353

411

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Russia: Demidov sales up in January-September 2016

In January-September the state company Demidov saw increase in rolled sections sales by 22% YoY.

Pipe sales went up by 9% YoY in H1 2016 due to the dramatic activation of metal traders following the February-May price increase. (Ukrainian metal)

Russia: NLMK profits down in Q3 2016

In Q3 NLMK received $385 million of net profits, down by 6% YoY. According to the company statement, its sales increased by 2%, to 4.2 million tons. Its revenues grew by 10%, to $2.25 billion. Investments fell by 29%, to $104 million, but the free cash flow increased by 28%, to $474 million. In January-September…

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