Beloretsk Iron and Steel Works, a part of Mechel, has started producing stainless wire. The first batches weighing 10 tons have already been supplied to local and foreign consumers. The new wire is produced in cooperation with Izhstal works, which supplies AiSi 304 stainless steel. The wire is intended to replace foreign analogues on the…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max September 242 242 218 257 250 255 250 260 October 242 242 184 258 235 250 237 255…Details
U.K.-registered Petropavlovsk Plc, which operates in Russia, has suspended mining of the Andreyevskoye gold field in the Amur region due to an early severe frost, the company said in a statement. “Earlier flooding and now abnormally low temperatures, which fell from zero to 40 degrees Celsius led to extensive frosts”, the statement said. “A subsequent…Details
In 2015-2016 Interpipe supplied steel pipes for a number of major construction projects in Qatar. “We have supplied pipes for the international airport of Khamad, Lusail arena, and QRail Red Line subway”, NEAA markets commercial director Andrei Burtsev said. In total Interpipe supplied around 3 thousand tons of pipes to Qatar. Deliveries for subway constructions…Details
In October Nikopol Ferroalloy Plant produced 64.7 thousand tons of silicomanganese, up by 8.2% MoM, or by 4.9 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, ferromanganese output remained on September level – 4.3 thousand tons. In January-October NZF increased silicomanganese output by 17.5% YoY, or by 85.7 thousand tons, to 575.5 thousand…Details
In October Ukraine produced 94.7 thousand tons of ferroalloys, up by 8% MoM, or by 7 thousand tons.
According to the Association of Ukrainian Ferroalloy Producers, in January-October ferroalloy output went up by 11.4% YoY, or by 86.3 thousand tons, to 847.6 thousand tons. (Ukrainian metal)
In 2015 Chelyabinsk Electrometallurgical Works produced 800 thousand tons of ferroalloys and received 49 billion rubles. In January-November ChEMK produced 600 thousand tons of ferroalloys and received some 35 billion rubles of profits. The 2016 results are expected on the 2015 level. And 2017 is not expected to change. But the company hopes the demand…Details
In October Zaporozhye Ferro Alloys Plant produced 25.7 thousand tons of ferroalloys, up by 8.9% MoM, or by 2.1 thousand tons.
According to the Association of Ukrainian Ferroalloy Producers, in January-October ZZF ferroalloy output dropped by 5.7% YoY, or by 14.2 thousand tons, to 234.1 thousand tons. (Ukrainian metal)
The state enterprise Vostochny Mining and Processing Works has announced a purchase of 13.397 million cubic meters of gas in 2017.
According to the company statement, the offers are welcome until December 19. The expected cost of the purchase is 109.58 million UAH.
In 2016 VostGOK receives gas from Energy Trade Group (Kiev). (Ukrainian metal)
In October Ukraine exported $31.12 million worth of steel pipes, while imports totaled $5.52 million.
According to the State Fiscal Service, the main consumer of Ukrainian steel pipes in October was Russia ($8.45 million).
In January-October Ukraine exported $331.09 million worth of pipes, with imports at $83.16 million. (Ukrainian metal)
In July-September DTEK received 2.61 billion UAH of losses against 0.52 billion UAH of losses in Q2.
According to the company statement, its income went up by 15.8% QoQ, or by 4 billion UAH, to 29.31 billion UAH (25.31 billion UAH in Q2). EBITDA totaled 4.16 billion UAH (955 million UAH in Q2). (Ukrainian metal)
In October Ukraine exported $181.49 million worth of flat rolled metal, while imports were at $44.59 million. According to the State Fiscal Service, in October the main consumer of flat rolled metal was Russia ($35.49 million). In January-October Ukraine exported $1598.19 million worth of flat rolled metal, with imports on the level of $451.26 million.…Details
In October Ukraine produced 166.6 thousand tons of manganese concentrate and sinter, up by 4.7% MoM, or by 7.5 thousand tons.
According to the Association of Ukrainian Ferroalloy Producers, in January-October manganese concentrate and sinter output dropped by 17.9% YoY, or by 220.4 thousand tons, to 1010.8 thousand tons. (Ukrainian metal)
In October Ukraine exported $141.8 million worth of long rolled metal, with imports totaling $14.92 million.
According to the State Fiscal Service, most of the long rolled metal went to Russia ($23.85 million).
In January-October Ukraine exported $1437.05 million worth of long rolled metal, while imports reached $125.4 million. (Ukrainian metal)
Ferrexpo AG (Switzerland) has accumulated 99.02% of Poltava Mining and Processing Works.
Earlier the Ferrexpo stake amounted to 97.43% in the total number of shares and 39.12% in the voting shares. After the acquisition of shares Ferrexpo AG now has 99.02% in total shares and 40.71% in voting shares. (Ukrainian metal)
In October Ukraine exported $186.4 million worth of steel semi-finished products, while imports reached $2.74 million.
According to the State Fiscal Service, the main consumer of steel semis in October was Italy ($38.27 million).
In January-October Ukraine exported $1879.36 million worth of steel semi-finished products, with imports at $11.78 million. (Ukrainian metal)
In November the Dneprovsky Iron and Steel Works resumed operation of its ball-rolling shop with two mills. According to the company statement, both mills have been idle for a year. A large order, received in October, made it possible to completely load both mills for almost a month, producing 40 and 60 mm balls. In…Details
The state enterprise Ukrpromvneshexpertisa says the zero duty on scrap imports will not greatly affect imports. “There is no country that could supply scrap to us at favorable conditions. The decree weakly affects imports. We didn’t import scrap not because of the duty, but because there was nowhere to import it from”, UPE deputy director…Details
The Krasnoarmeysk prosecutors have found out that the state enterprise Krasnolimanskaya Coal Company has not been paying pensions for some time.
According to the prosecutors, the debt to the Pension fund amounts to 8.3 million UAH. The office filed 2 cases to the Donetsk district administrative court demanding this money to be paid. (Ukrainian metal)
In January-October raw zinc output in Russia increased by 4.4% YoY.
According to the Federal Service of State Statistics, in October raw zinc production went up by 14.2% YoY and by 30.4% MoM. (Ukrainian metal)
In January-October output of refined copper dropped by 0.7% YoY.
According to the Federal Service of State Statistics, copper foil output dropped by 13.7%, of wire – by 17%, while that of plates, sheets, strips and bars went up by 5.5%, of rods and sections – by 19.6%, all YoY. (Ukrainian metal)
The government will provide guarantees for 1 billion UAH to finance mines. This will allow clearing salary debts to miners, amounting to 100 million UAH. Some money will be given to the development of mines. For example, Lisichanskugol has drafted a development program, envisaging financing of two mines. In the nearest future 350 million UAH…Details
The mine named after Stashkov has put a new face into operation. Its reserves are estimated at 460 thousand tons of coal. The average daily output is expected at 2 thousand tons. Miners have enough work until August 2017. DTEK investments into the capital repair of equipment and the long face development exceeded 21.3 million…Details
In January-September Kazakhstan exported 51.6 thousand tons of steel pipes to Russia, up by 90% YoY, and by 41% compared with the total 2015 volume. Kazakhstan occupies the second position in Russia’s imports after China. 96% of the pipes exported to Russia are up to 406.4 mm diameter pipes for oil and gas pipelines, as…Details