Several iron and steel works, situated on the Ukraine-uncontrolled territories of Donetsk and Lugansk regions, have been stopped because of the Donetsk railway strike. A week ago railroaders went on a strike demanding their salaries to be paid. Alchevsk Iron and Steel Works has temporarily closed-down all of its blast furnaces. Yenakievo Iron and Steel…Details
For the past several years Metinvest invested over 45 billion UAH into development of its companies. “We have completely modernized the Yenakievo Iron and Steel Works, we’ve implemented cyclic-and-continuous technology at all our GOKs. We put into operation PCI machines at Ilyich. We’ve modernized Azovstal continuous cast machines”, said the group CEO Yuri Ryzhenkov. Metinvest…Details
In April Nikopol Ferrolloy Plant produced 65.6 thousand tons of silicomanganese, up by 18% MoM, or by 10 thousand tons. At the same time ferromanganese output dropped by 95.3% MoM, or by 6.1 thousand tons, to 0.3 thousand tons. In January-April NZF produced 221.8 thousand tons of silicomanganese, up by 2.7% YoY, or by 5.9…Details
In January-May Ukraine imported $571.02 million worth of coal and anthracite, with $102.86 million in May. According to the State Fiscal Service, Russia supplied $363.8 million worth of coal, US – $83.83 million, Australia – $38.08 million, and all other countries – $85.3 million. All in all in 5 months Ukraine imported 6583.31 thousand tons…Details
Wolbert Company, Plamsted and Kamset Holdings (all from Cyprus) intend to buy 19.3% of Nikopol South Pipe Works shares each.
According to the company statement, Wolbert Company will buy 72716543 shares, Plamsted will purchase 72716544 shares, and Kamset Holdings plans to buy 72716544 shares of NPTZ. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max min max March 19 20 21 22 April 19 20 22 26 * – 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…Details
In April Ukraine produced 84.7 thousand tons of manganese concentrate and sinter, up by 58% MoM, or by 31.1 thousand tons.
According to Association of Ukrainian Ferroalloy Producers, in January-April output fell by 59.1% YoY, or by 199.5 thousand tons, to 138.3 thousand tons. (Ukrainian metal)
In January-May Dneprospetsstal produced 56.6 thousand tons of rolled metal, down by 14.1% YoY. Steel smelting dropped by 11.9% YoY, to 90.6 thousand tons. In May the company produced 21 thousand tons of steel and 11 thousand tons of rolled metal. Last year DSS output went up by 38.2% YoY, to 6866.89 million UAH. At…Details
ArcelorMittal Kriviy Rih started producing a new type of metal products according to NAN – die-rolled section No. 10 rebar with square core. In the near future the company plans to start producing such rebars of No. 8 and 12 sections.
AMKR wire shop has already produced 1 thousand tons of square rebars. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max min max March 283 2154 376 376 April 323 2154 376 376 * – 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…Details
The state enterprise Ukrpromvneshexpertiza believes prices for square billets in June will decrease by 5.5-8.2% MoM, to $335-345 per ton FOB Black Sea. “Prices will drop following the decrease in China. The prices will decrease by $20-30 per ton”, said the company expert Oleg Gnitetsky. According to him, average billet price in May was $365…Details
Energomashspetsstal has concluded an agreement to produce and supply 15 billets to JKZ Bucovice.
According to the company statement, EMSS will produce forged plates and rods and supply them in Q3. The total weight of the lot after mechanical treatment will be 172.53 tons. The billets will be used to produce die tooling. (Ukrainian metal)
Ukrainian Mining and Metallurgical Company has opened a metal supermarket in Dnieper (previous name – Dniepropetrovsk). “In order to increase the regional network UGMK has opened another metal supermarket in Dnieper. The site is at Naberezhnaya Zavodskaya, 19d. The first supermarket is on the left bank of the city”, said the company in its statement.…Details
DTEK welcomes the transition to the new technique of calculating the price, where the coal price is linked with the European coal price index (API2). “Still we don’t feel any positive effect of the new technique yet. But the whole idea of bringing Ukrainian price to international market indexes is a correct decision, as the…Details
Kola MMC (Norilsk Nickel affiliate) has started repairs of a section of the gas duct used for off-gas transportation from smelting units of metallurgical shop to sulfuring acid production department of refining shop. It is planned to replace a total of 15 sections of the gas duct with the total length of 293 m. New…Details
Ukraine’s coal industry needs state support in order to prepare for the heating season of 2016-2017.
“Without the state support coalminers will have problems this heating season. I think the government will find funds to provide for the difference in product price”, said the minister of energy and coal industry Igor Nasalik. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR64.3334* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865* min max min max March 113 145 142 147 April 124 152 140 145 * – 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…Details
CEO of DTEK Maxim Timchenko explains the increase in price of the company bonds with the rise of output and the progress in debt restructuring.
In Q1 the company was able to reach normal coal output volumes and started paying its debts in late April. (Ukrainian metal)
On June 2, Krasnoarmeyskugol mines were cut from water supply for not paying the bills. Miners cannot wash themselves after the work. The total debt of Krasnoarmeyskugol to municipal services, power stations, Pension fund and the city budget is 1.6 billion UAH. Miners also experience problems with salary. They have just been given some money…Details
Kola MMC (a subsidiary of Norilsk Nickel) has pioneered surface laser scanning of the facility under construction. The company uses the latest 3D modelling technologies to implement the largest environmental investment project in the Murmansk region, “Recycling of Salt Effluents from Nickel Refining”. This project involves the construction of the most advanced evaporation plant for…Details
Ukrainian market, $/t, without VAT, EXW, $1/UAH25.1865*
* – 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)
Energomashspetsstal will produce a batch of rolls for ArcelorMittal’s Vanderbijlpark in South Africa. In particular, the company will produce 4 supporting rolls with the total weight of 90.28 tons. The rolls will be completely treated and processed at the works and shipped to South Africa in October. They will be used in cold-rolling mills. (Ukrainian…Details
Metinvest-PromService has started servicing and repairing railroad transport at Central, Severny and Ingulets Mining and Processing Works. Three repair shops will be servicing and repairing railroad transport at the works. The subsidiary will employ some 750 workers. Metinvest-PromService used to service Metinvest companies only. The company was founded in 2015 on the basis of repair…Details
Eurasian Economic Commission has approved of the implementation of antidumping duties on Ukrainian ferrosilicomanganese for 5 years and prolonged duties on Ukrainian steel pipes. Ferrosilicomanganese duties will reach 26.35% and will affect Nikopol Ferroalloy Plant, Zaporozhye Ferro Alloys Plant and Stakhanov Ferroalloy Plant. These three works in 2014 supplied $200 million worth of ferrosilicomanganese to…Details