Metallinvest has opened a new logistics site in Naberezhny Chelny. The warehouse can store up to 2 thousand tons of metal, the site has 6 cranes with the lifting capacity of 12-20 tons. The warehouse will be selling shaped sections. The opening of the new metal base will allow Metallinvest to speed up orders processing…Details
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Month Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max September 483 638 461 461 446 558 407 626 October 504 638 470 470 446 558 407 626 * –…Details
In January-October Ukraine sold 1387.6 billion UAH of products and services, up by 14.8% YoY, with 376.3 billion UAH exported. According to the State Statistics Service, metal and metal wares manufacture accounted for 17.6% of the total sales volume, mining – 13.1%. In October mining sales volume went up by 19.5% YoY, in particular, by…Details
Olenegorsky Mining and Processing Works, a part of Severstal, has finished modernizing its crushing shop. The company has replaced 3 pieces of machinery. The supplier of the new equipment was Metso. “The 80-million rubles project will increase the efficiency of the machinery operation by 20%”, the company said in its statement. The project on crushing…Details
Month Russian market, $/t, DDP, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, DDP, $1/UAH25.496* min max min max September 720 900 800 1900 October 725 895 850 1900 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the…Details
In 2017 Zaporizhstal plans to increase pig iron output by 7-8%, and that of steel and rolled metal – by 3-4% YoY. “I hope we manage to put the blast furnace No.3 into operation in time and increase output”, the company CEO Rostislav Shurma said. According to him, it’s difficult to forecast financial results, as…Details
In November Mariupol Ilyich Iron and Steel Works received the most VAT among mining and metallurgical companies – 323 million UAH. According to the State Treasury, the top three also included Dneprovsky Iron and Steel Works (306.1 million UAH) and Zaporizhstal (169 million UAH). They were followed by Dneprospetsstal (136.1 million UAH), Nikolaev Alumina Works…Details
In January-October raw nickel output in Russia decreased by 14.8% YoY. According to the Federal Service of State Statistics, in October raw nickel output dropped by 29.4% YoY, but increased by 9.2% MoM. (Ukrainian metal)Details
Month Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max min max September 412 804 387 406 October 413 804 408 436 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the…Details
The Eurasian Economic Committee has resumed the 26.35% import duty on ferrosilicomanganese from Ukraine. “We asked the ministers not to take this decision. But they decided to renew the duty”, Association of Ukrainian Ferroalloy Producers Sergey Kudryavtsev said. The import duty was temporarily stopped on July 1. (Ukrainian metal)Details
Industrial output in Latvia is getting expensive due to the increase of taxes and duties. As the result Severstal Distribution decreased output. The company employs 260 people, with a third part working in the manufacture. Salary expenses amount to 1720 euro on average for 1 worker, with 4 thousand euro more per month spent on…Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max September 340 340 October 306 306 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal) Dear colleagues! From 2017 the monthly metal price monitoring…Details
Pervouralsky New Pipe Works (a part of ChTPZ) has delivered 132 tons of casing pipes with the ChT-VC joints to the oil deposits of Orenburg region. According to the customer’s demands the pipes were produced of R110 grade steel. The main consumers of such pipes are Surgutneftegaz, Rosneft, Lukoil, etc. ChT-VC joint was designed and…Details
Avdiivka Coke and Chemical Works receives electricity via 1 line only. “The promised ceasefire regime has been broken by both sides. DTEK repairmen have been shelled and had to evacuate”, the company CEO Musa Magomedov said. He hopes the repair crew will be able to visit the site and restore electricity supplies. Earlier the works…Details
Izhorsky Pipe Works, a part of Severstal Russian Steel, has won the tender to deliver large diameter pipes to one of its main customers – Rosneft. ITZ will supply some 117 thousand tons of 1020 and 1220 mm diameter pipes of K60 steel. The pipes will be used at Kharampur gas deposits. The pipes will…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max min max September 146 173 163 170 October 194 216 212 233 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the…Details