ArcelorMittal Kriviy Rih has completely stopped delivering its metal to Russia, as it’s economically inexpedient, but could resume the shipping provided the price increases. “We don’t sell much in Russia. But we could possibly resume our sales there”, said the company CEO Paramjit Kahlon. According to him, the market started to revive and metal prices…Details
Energomashspetsstal has received an order from AH Industries (Denmark) to produce rotor shafts for wind turbines MM92. The machinery will be used by the largest wind generators producer in Germany Senvion SE. “EMSS will supply 15 rotor shaft billets for wind generators weighing 132.75 tons. The company will fully process the billets and supply them…Details
Shareholders of Donetskstal have dismissed Yuri Filatov from the office of the supervisory board chairman and appointed Dmitry Christodulidi instead. According to the company statement, Christodulidi was the economy and finance deputy to the general director. Shareholders have also reelected Mikhail Ilyashov and Natalia Lobacheva supervisory board members. The board has been appointed for 3…Details
More than twenty applications from various Russian and foreign companies were submitted for the contest. Projects notable for innovative solution and creative approach, as well as containing feasibility study, became winners. The contest’s jury composed of experts from major recruiting and consulting companies gave the first place in the nomination “Best students-engaging program” to Norilsk…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 15 18 15 18 March 18 19 20 22 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the…Details
According to the executive director of Association of Ukrainian Ferroalloy Producers Sergey Kudryavtsev, the operation of the companies stopped in December 2015.
In March OGOK produced 7.2 thousand tons of manganese concentrate, while MGOK output totaled 46.4 thousand tons. (Ukrainian metal)
The supervisory board of Yasinovskiy By-Product Coke Plant has reelected Victor Palenko chairman of the board. According to the company statement, 3 out of 7 board members have been changed. In particular, Anatoly Birchenko, Victor Kazakov and Julia Birsana have been dismissed form the board, and Helen Yeliseyeva, Sergey Kuzmenko and Gleb Malygin appointed instead.…Details
The Cabinet of Ministers has given Lvivugol 8 million UAH for modernization of its mines. “That is the first time such money has been received for the last couple of years”, said Lviv regional state administration head deputy Rostislav Zamlynsky. According to Lvivugol CEO Andrei Dyachenko, mining equipment is 80% worn. The money will be…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max February 338 520 269 269 255 513 301 553 March 314 490 280 280 268 569 309 478 * –…Details
In 2015 Ordzhonikidze Mine-Repairing Works received 9.35 million UAH of losses.
According to the company statement, its net income went down by 49% YoY, or by 11.95 million UAH, to 12.38 million UAH.
The works specializes in the manufacture and repair of metal machinery. (Ukrainian metal)
In 2016 Yenakievo Iron and Steel Works intends to produce 2130.5 thousand tons of pig iron, up by 29.28% YoY, or by 482.5 thousand tons. According to the company statement, it also plans to increase sinter output by 20.6%, produce 2290.5 thousand tons of billets, up by 26%, or by 472.5 thousand tons, and 2251.5…Details
The supervisory board of Kremenchuk Steel Works has appointed Victor Samusenko chairman of the board.
According to the company statement, Rostislav Dubrov, Andrei Klimenko and Stanislav Tizh (ex-acting chairman) have been reelected members of the board.
Previous chairman of the board Dmitry Chernenko was dismissed on January 14. (Ukrainian metal)
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max February 185 277 245 260 245 270 March 188 277 310 325 305 325 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16…Details
In 2015 Zakarpatvtormet received 957 thousand UAH of losses, down by 12.5% YoY, or by 137 thousand UAH.
According to the company statement, its net income went up 3.9 times YoY, or by 9.19 million UAH, to 12.39 million UAH.
In 2014 Zakarpatvtormet received 1.09 million UAH of losses. (Ukrainian metal)
Russian Vnesheconombank is actively looking for buyers of the Industrial Union of Donbass Corporation (ISD). ISD comprises of Dneprovsky Iron and Steel Works named after Dzerzhinsky, Alchevsk Iron and Steel Works and Alchevsk By-Product Coke Works, as well as ISD Dunaferr (Hungary) and ISD Huta Chestochowa (Poland). In 2015 Ukrainian ISD works received 24.8 billion…Details
In 2015 Nikolaev Alumina Works produced 1.48 million tons of alumina, up by 1.8% YoY.
According to the company statement, its main goal last year was to optimize the prime cost of alumina to reach competitiveness under unstable aluminum and energy resources prices. The prime cost was decreased by 17% YoY. (Ukrainian metal)
In April Zaporizhstal noted a growth gain in pig iron production by 3.7%, in steel production – by 2.9%, in rolled stock – by 9.7% as compared with the same period of 2015. In April the company produced 269 thousand tons of pig iron, 301.7 thousand tons of steel and 272.9 thousand tons of rolled…Details
Mechel, one of Russia’s leading mining and steel companies, reports its intention to restructure 17, 18 and 19 series of bonds. The company intends to offer holders of 17-series bonds (State registration number 4-17-55005-E dated 10.08.2010), 18-series bonds (state registration number 4-18-55005-E dated 10.08.2010) and 19-series bonds (state registration number 4-19-55005-E dated 10.08.2010) to introduce…Details
In April Azovstal Iron and Steel Works received the most VAT among other metal and mining companies – 389.9 million UAH. According to the State Treasury, then came Mariupol Ilyich Iron and Steel Works (235.1 million UAH), followed by Zaporizhstal (189.7 million UAH). Evraz Sukhaya Balka received 86.9 million UAH, UGOK – 85.9 million, Interpipe…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 108 140 141 151 March 108 138 136 141 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the…Details
The Ministry of energy and coal industry intends to have presented a plan on coal deliveries from Donbass in 2-3 weeks.
“We need such a financing procedure, which will make it clear where the money goes. That’s without VAT. We’re working on the mechanism”, said the ministry head Igor Nasalik. (Ukrainian metal)
Shareholders of Krasnodonugol have recalled Metinvest B.V. from the supervisory board.
Instead they have elected Metinvest Holding CEO Yuri Ryzhenkov, metal division director Alexander Pogozhev, acting financial director Julia Dankova, legal director Svetlana Romanova and financial control director Olga Khazimova. All of them have been elected for 3 years. (Ukrainian metal)