This year MMK plans to increase sales by 245 thousand tons YoY, to 11257 thousand tons. The local market will receive 7144 thousand tons, with 3136 thousand tons to be exported. Hot-rolled flats sales will drop to 3048 thousand tons due to the decrease in demand on behalf of pipe manufacturers; cold-rolled metal sales will…
DetailsIn 2017 Energomashspetsstal will supply over 150 tons of rolls to ISD Dunaferr (Hungary).
The contract for the production of 6 supporting rolls for cold- and hot-rolling mills was signed in October. Rolls will be supplied in lots, according to the agreement. (Ukrainian metal)
The supervisory board of Artemovsk Non-Ferrous Metals Processing Works has dismissed Vitaly Malykhin from the office of the chairman of the board and appointed Alexander Chistyakov instead. According to the company statement, the deputy chairman Alexander Stefan and member of the board Tatiana Golos have also been dismissed. At the same time Valery Safonov, Tatiana…
DetailsPalmrose B. V. (the Netherlands) has gained 94.96% of the Evraz Yuzhkoks shares.
According to the company statement, earlier its share amounted to 94.46%.
Its voting share increased from 95.71% to 96.21%.
Evraz Bagleykoks was renamed Evraz Yuzhkoks on April 28. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 47 54 52 60 September 51 59 51 58 * – 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…
DetailsThe first stage of Tajikistan Iron and Steel Works has been put into operation. The company consists of 6 shops, and has a 100-mWt substation. The works is expected to produce and process 80-120 thousand tons of minerals, increasing its capacity to 200 thousand tons per year. At first the company will produce 12-27 mm…
DetailsThe supervisory board of Dneprospetsstal has prolonged the office of the acting chairman of the board Vitaly Kornievsky for 3 more months, until February 2017. According to the company statement, in 2015 it received 706.56 million UAH of losses, having increased its net income by 40.8% YoY, or by 1.98 billion UAH, to 6.85 billion…
Details|
Month |
Ukrainian market, $/t, without VAT, FCA, $1/UAH25.897* |
|
|
min |
max |
|
| August |
153 |
157 |
| September |
153 |
157 |
* – 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)
MMK-Metiz has expanded its range of products with the new powder surfacing wire of PP-Np-200x12m and PP-Np-200x12VF grades with 3.6 mm diameter.
The expansion of the product range will allow MMK-Metiz to increase its output and gain new markets. (Ukrainian metal)
The Donetsk People’s Republic (Russia-supported terrorist organization) mines want to employ some 3700 people, with Makeevugol needing 1700 workers. The mines need 950 breakage face workers, 450 shafters and 450 mine explosion engineers, some 500 repairmen, etc. Makeevugol needs the most employees. Still most miners in DPR have large salary debts and try to go…
DetailsOn November 7, the Almaty Metal Wares Works (Tokyo Rope Almaty) started operating.
The company will specialize in metal systems for infrastructure objects, steel fasteners for mining industry, ragbolts and joins for construction, metal wares and steel ropes.
Tokyo Rope has invested 25 billion tenge in the works. (Ukrainian metal)
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Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* |
|
|
min |
max |
|
| August |
346 |
346 |
| September |
340 |
340 |
* – 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)
In January-September Severstal-Metiz was able to save over 70 million rubles due to the successful realization of expenses decrease measures. According to the company statement, the most effective were the wire production technique changes, coating materials usage decrease and the replacement of packaging. “We pay much attention to changes that directly affect prime cost decrease…
DetailsThe president of Ukraine Petro Poroshenko has signed the decree on 5% scrap import duty cancellation that introduces amendments to the customs tariffs. The decree is supposed to decrease ferrous scrap shortage on the local market and provide for infrastructure objects restoration. This is the second part of the metal market supporting package – the…
Details|
Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* |
|
|
min |
max |
|
| August |
247 |
247 |
| September |
275 |
275 |
* – 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)
In Q3 Highland Gold Mining Ltd produced 63.09 thousand ounces of gold equivalent, down by 11% YoY. Output decrease is explained by the drop in Belaya Gora production. Mnogovershinnoye and Novoshirokinskoye mines output remained mostly flat. In January-September gold output totaled 191.75 thousand ounces, up by 0.2% YoY. This year the company intends to mine…
DetailsAt present Ukraine gets some coal from mines on the occupied Donbass territories that pay taxes to the state. According to the energy and coal industry minister Igor Nasalik, Ukraine consumes 24 million tons of anthracite coals, with some 2.9 million tons produced at unoccupied territories. All the rest is supplied from mines in the…
DetailsIn October ArcelorMittal Kriviy Rih was reimbursed the most VAT among mining and metallurgical companies – 1.08 billion UAH. According to the State Treasury, Mariupol Ilyich Iron and Steel Works occupied the second position with 831.7 million tons, with Dneprovsky Iron and Steel Works the third (580.5 million UAH). They were followed by Azovstal (208.8…
DetailsPolyus Gold International Ltd (PGIL) of tycoon Said Kerimov is in talks to sell 25% plus one share in the Russian largest gold producer to China’s Fosun Group for $2 billion. A source reported that the negotiations were at an advanced stage, and the deal might take place in late 2016 or in early 2017.…
Details|
Month |
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* |
|
|
min |
max |
|
| August |
256 |
390 |
| September |
250 |
413 |
* – 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)
In Q3 Norilsk Nickel produced 87 thousand tons of copper, down by 4% QoQ. Copper output of own raw materials dropped by 5%, to 82 thousand tons. The decrease is explained by the low copper content in the raw materials and the assembly works at the Talnakh Processing Factory. In January-September Nornickel produced 264 thousand…
DetailsThe Yuzny trade seaport has received the vessel with 79 thousand tons of anthracite from the South African Republic.
The delivery was timely. All the coal is intended for Pridneprovskaya thermal power plant.
Unloading will take 3 days. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 439 439 418 418 September 439 439 424 424 * – 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…
DetailsIn January-September Bratsk Aluminum Works produced 752 thousand tons of aluminum, almost flat YoY. The same situation was observed at Sayanogorsk Works, which produced 395 thousand tons. Irkutsk Aluminum Works increased output by 1.2% YoY, to 310 thousand tons, Krasnoyarsk Works – by 1.6%, to 768 thousand tons, Khakasskiy Works – by 1.6%, to 219…
Details