In January-September Nadvoitsky Aluminum Works produced 9 thousand tons of primary aluminum, with Kandalaksha Aluminum Works producing 51 thousand tons of aluminum, up by 3.7% and 2.7% YoY respectively. Both works belong to Rusal. In Q3 NadAZ produced 3 thousand tons of aluminum, and KAZ – 17 thousand tons, up by 0.8% and 2.7% QoQ…Details
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Vostochnaya Processing Factory produced around 250 thousand tons of coal concentrate after the modernization completion. This is the record high result in the whole history of the factory. Modernization cost totaled 6 billion tenge. “Our main consumer is, of course, ArcelorMittal Temirtau. But we also supply concentrate to Ukraine (Kriviy Rih) and Russia (Altai-koks and…Details
Severstal has started exporting cold-rolled coils to the European Union from China instead of Russia-made. “We have already started buying Chinese cold-rolled coils for our steel service centers. Duties on Chinese products are lower than on Russian, so it’s better for us to bring steel from China”, the company CEO Vadim Larin said. According to…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* Export, Ukraine, $/t, DAP Ukrainian border Export, Russia, $/t, DAP Russian border min max min max min max min max August 502 652 378 433 446 558 407 626 September 481 635 461 461 446 558 407 626 * –…Details
Metinvest intends to keep its share of the British steel market after a number of Liberty Steel works gets relaunched. “British market is interesting for us only from the point of view of steel plate sales. At present the situation is even. Our Spartan UK is 100% loaded, we have orders”, the Metinvest marketing director…Details
In Q3 NLMK revenue increased by 19% QoQ to $2.2 billion, driven by a 7% QoQ growth in sales to 4.2 million tons. EBITDA increased by 46% QoQ to $673 million; EBITDA margin reached 30% (+5% QoQ), including 18% for NLMK’s international companies. Net income doubled QoQ to $385 million. Net debt / EBITDA decreased…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* Export, Ukraine, $/t, FOB Black sea ports min max min max min max August 396 507 343 360 370 380 September 359 507 341 386 370 380 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16…Details
NLMK Group, an international steelmaking company with operations in Russia, the USA and EU member states, informs that the management of the group is planning to recommend the third quarter dividends in the amount of $350 million equivalent of 75% of the reported free cash flow for the third quarter of 2016. On November 17,…Details
In January-October Ukraine produced 20.16 million tons of carbon steel, up by 5.5% YoY. Pig iron production increased by 8.7%, to 19.64 million tons, that of rolled metal – by 6.7%, to 17.87 million tons. Metallurgical coke output went up by 12.3%, to 10.74 million tons, while that of steel pipes dropped by 0.5%, to…Details
“In the next 5 years scrap procurement in Ukraine will be falling”, Denis Morozov, Interpipe economy and finances director, believes. The previous forecast on scrap procurement in 2016 on the level of 2.8-2.9 million tons would probably be proven, he thinks. In 2017 Morozov expects scrap procurement to fall by 100 thousand tons, to 2.7…Details
In January-October Zaporizhstal produced 3.27 million tons of steel, down by 1.4% YoY. According to the company statement, its pig iron output dropped by 2.5% to 3.06 million tons, and that of rolled metal – by 0.4%, to 2.83 million tons, all YoY. In October Zaporizhstal produced 317.4 thousand tons of pig iron, 333.4 thousand…Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max August 384 390 September 353 411 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
This year Interpipe has been delivering some 30-35 thousand tons of steel pipes to Russia each month. “We used to sell 10 time more – around 350 thousand tons”, the company economy and finance director Denis Morozov said. Interpipe is not expecting a considerable increase in exports to USA. “When the oil price fell, consumption…Details
The power-generating coal of named after Stashkov mine and Dneprovskaya mine is supplied to Pridneprovskaya, Kurakhovskaya and Ladyzhinskaya TPPs. This year miners plan to yield 2.8 million tons of coal. “In Q3 DTEK increased investments by 23%. The additional 87.6 million UAH allowed us to increase output by 7.7% QoQ. Further investments this year will…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 460 699 368 417 September 440 682 343 420 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the…Details
Chelyabinsk Zinc Works has put the sixth zinc cake rotary-kiln into operation. According to the company CEO Pavel Izbrecht, the kiln was cold-started in summer. This is the most expensive and the most important investment project of the company for the past 10 years. The putting of the kiln into operation is a part of…Details
Norilsk Nickel has decreased its own forecast on non-ferrous and precious metals output in 2016. In particular, nickel output is expected to fall to 195-200 thousand tons from 206-212 thousand tons of the previous forecast. The decrease would be the result of repairs at Talnakh processing factory. In 2015 Nornickel produced 266 thousand tons of…Details