The Ministry of energy and coal industry suggests giving 1.3 billion UAH in 2017 to finance coal industry. 850 million UAH will be given as subsidies to state mines, while 450 million will be spent on the closing down of profitless coal companies, according to the minister Igor Nasalik. In January-May Ukrainian mines yielded 16.29…
DetailsRailroad transportation in the ATO zone has been renewed which allowed metal companies there to start working again. On June 13, Alchevsk Iron and Steel Works put the blast furnace into operation. Dneprovsky Iron and Steel Works used to operate only one blast furnace but now intends to put the second one into operation as…
DetailsDuring the annual general meeting of shareholders (AGM) of Norilsk Nickel a new board of directors was elected and the dividend for 2015 in the amount of RUB 230.14 per ordinary share was approved. Previously, the extraordinary general meetings of shareholders held on September 14, 2015 and December 19, 2015 approved of the payment of…
DetailsThe Interdepartmental working group for coordination of commercial activities at Zaporozhye Aluminum Works believes it is necessary to have a reprivatization of 68.01% shares of the company, that have been earlier returned to the state ownership. “The group will address the Ministry of finances and the Ministry of economical development and trade to consider the…
DetailsVolyn mines started yielding less coal. Since the year start they have yielded 92.2 thousand tons of coal, down by 20.7% YoY. In 2015 Ukraine mined 39.75 million tons of coal, down by 38.8% YoY, or by 25.23 million tons, including 8.15 million tons of coking coal (down by 49.8%) and 31.6 million tons of…
DetailsFor the past 10 days Krasnodonugol mines were left without electricity twice.
The first time electricity was cut off on June 3, for almost 24 hours. Then on June 13, despite the agreement to partially clear debts, the mines were left without electricity again. (Ukrainian metal)
Musa Magomedov, the general manager of Avdiivka Coke and Chemical Works, denies the presence of the heavy weaponry on the company territory, as the militants of the terrorist organization Donetsk People’s Republic claimed. “Avdiivka Coke does not take part in military activities. There are no tanks or artillery at or around the works, – he…
DetailsIn January-May Zaporozhye Iron Ore Complex mined 1.8 million tons of iron ore, down by 2.7% YoY.
According to the company statement, in May it mined 0.37 million tons of ore. Last year iron ore output dropped by 2% YoY, to 4.4 million tons. (Ukrainian metal)
Yenakievo Iron and Steel Works continues to operate only 1 blast furnace despite the absence of raw materials caused by the partial stop of railroad connections in the ATO zone. “EMZ was not halted, it goes on operating its blast furnaces one at a time with low capacity. On average per day the works produces…
DetailsMetinvest has started supplying cold-rolled coils produced at the Mariupol Ilyich Iron and Steel Works to the USA. The coils are certified according to ASTM. “Ilyich shipped the trial batch last year and was praised for the high quality. This year the company received orders for 1 thousand tons from several US trading companies that…
DetailsKrasnogorovka Refractory Works plans to renew operation. The company that employed 3 thousand people before the war started has been idle for 2 years and was constantly raided. But the works plans to reopen and employ over 500 people. Since no company works in Maryinka or Krasnogorovka this will be a powerful support of the…
DetailsMetallurgprom has addressed the prime minister of Ukraine Vladimir Groisman asking him to restore railroad connections with metal companies situated in the temporarily uncontrolled territories unless they halt for good. According to the company statement, as of June 13, no government actions have been taken. Most of metal companies in the ATO zone had to…
DetailsYuzhkoks has put into operation the system of air monitoring. According to the company statement, the system is completely automated and controls the air online. The total investments into the project reached 4.76 million UAH. Previously the company used to take such information twice a day manually. After the new system is integrated into the…
DetailsLisichanskugol has accepted the offer of Central Processing Factory “Komsomolskaya” on the services of processing valued at 17.6 million UAH. By the end of the year the factory will have processed 320 thousand tons of coal at 55 UAH per ton. The factory only competitor in the trade was the industrial company “Obogatitel” (Processor) with…
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Month |
Ukrainian market, $/t, without VAT, FCA, $1/UAH25.1865* |
|
|
min |
max |
|
| March |
130 |
137 |
| April |
168 |
175 |
* – 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)
As of June 8, importers of pipes to Ukraine have used up 87.04% of the annual quota for the delivery of steel seamless casing and compressor pipes with the diameter up to 406.4 mm. According to the Ministry of economical development and trade, the quota from October 1, 2015 till September 30, 2016 is 19505…
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 446 639 335 392 400 460 400 460 April 497 693 367 457 520 530 520 530…
DetailsCeramet plans to invest 10.4 million UAH into the creation of its own scrap-procuring network in Poland. “The company plans to increase its commercial activities and create its own scrap-procuring network in Poland on the basis of Keramet Polska Sp, a major scrap procurer and supplier of ISD Huta Czestochowa”, said Ceramet in its statement.…
DetailsIn 2016 ArcelorMittal Kriviy Rih has given 15 million UAH for social projects in the city of Kriviy Rih. In particular, 3 million UAH will be spent on the repairs of road from blast furnace No. 9 to Shifernaya Str.; 5 million on pedestrian trails in the Yubileyniy park; 4.05 million UAH – on roads…
DetailsZaporizhstal plans to increase financing of environment projects and invest over 1.5 billion UAH in decreasing pollution. “In a month we will finish construction of the gas-purifying machine No 5, in three months – No 6, until the year end – exsufflation of blast furnace No 2, and in the first half year of 2017…
DetailsIn May ArcelorMittal Kriviy Rih received the most VAT – 577.2 million UAH. According to the State Treasury, Poltava GOK came second with 354.4 million UAH, while Azovstal received 335.4 million UAH of VAT reimbursements. They were followed by Mariupol Ilyich Iron and Steel Works (322 million UAH), Nikopol Ferroalloy Plant (166.8 million UAH), Zaporizhstal…
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 311 667 277 331 350 360 April 331 674 306 387 420 440 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16…
DetailsThe High Commercial Court has appointed Ivan Gusar the official liquidator of the gold mining company Zakarpatpolymetally. Gusar has been an arbitrary manager for 15 years. On February 16, 2010 the Commercial Court of Zakarpatye region declared the company bankrupt. Zakarpatpolymetally was founded on the basis of Muzhievsky gold and polymetal mine and started mining…
DetailsThe Eurasian Economic Commission has stopped its compensatory investigation on ferrosilicomanganese originating in Ukraine and imported to the Customs Union. “The inner market protection department has decided there was no basis for the implementation of the compensatory duty in respect of ferrosilicomanganese originating in Ukraine and imported to the Customs Union”, said the department in…
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