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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