The miners of the state enterprise Selidovugol continue their struggle for their mines, decent labor conditions and salary. Now they have remembered 52 million tons of coal reserves, that the son of the ex-president Victor Yanukovich – Alexander – illegally took back in 2012. The Independent Miners Union has addressed the minister of energy and…
PJSC “MMC “Norilsk Nickel” has signed of a 5-year $500 million committed revolving back-stop credit facility (RCF) with a syndicate of international banks. Commerzbank AG, HSBC Bank plc, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and UniCredit Bank are acting as Mandated Lead Arrangers and Bookrunners. UniCredit Bank AG (London Branch) was appointed as Facility…
Month Ukrainian market, $/t, without VAT, FCA, $1/UAH25.489* min max July 135 140 August 155 159 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In January-September Ferrexpo produced 8.32 million tons of iron ore pellets, down by 5% YoY. According to the company statement, 65% Fe content pellets output went up by 3.7% YoY, to 7.81 million tons. 62% Fe content pellets production fell by 55% YoY, to 512.1 thousand tons. Ferrexpo own ore pellets production remained on the…
The metal-trading company of Mechel – Mechel-Service – has supplied around 3 thousand tons of rebars for the construction of the second bridge in Ufa. The length of the bridge over the Belaya river is 836 m. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR64.91* min max July 544 634 August 565 634 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In January-September Zaporizhstal paid 2.2 billion UAH of taxes to the state budget, up from 1.9 billion UAH in Q1-3 2015. In particular the company paid 470 million UAH to the local budget, up by 60%, or by 175 million UAH YoY. “The main contribution of metal makers into the economy development is the effective…
Cargo railway transportation in Ukraine is on the brink of collapsing: there are no spare parts and cars and huge difficulties with fuel purchases. Ukrzaliznytsia problems greatly affect metal and mining companies. Ukraine has the highest port fees in the world, railroad transportation tariffs are constantly growing, and the gas transportation fees are very high.…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* min max min max July 452 592 326 384 August 396 571 384 384 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the…
The city of Lisichansk hosted the meeting of the coalmining companies of the region. The main topic was the way out of the situation at the coalmining companies. In particular the meeting discussed salary debts, low state support and increase of the social tension among miners. As well as the ways of solving all these…
In January-September Zaporizhstal produced 2.94 million tons of steel, down by 1.3% YoY. According to the company statement, its pig iron output dropped by 1.3%, to 2.74 million tons, while that of rolled metal – went up by 0.1%, to 2.55 million tons. In September Zaporizhstal produced 337.1 thousand tons of pig iron, 346.4 thousand…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max July 234 234 233 249 235 253 238 253 August 234 262 217 238 240 253 248 275…
Chepets Mechanical Works develops the civil products output, in particular, in just 1 year its titanium welding wire has taken up 50% of the Russian market. “Our titanium wire is the next generation product, – ChMZ CEO deputy Yevgeny Gusev said. – The low hydrogen content (not more than 0.001%) and progressive techniques provide for…
The so-called Donetsk People’s Republic, the Russia-supported terrorist organization in Donetsk region, plans to put into operation the electric-welded pipes works Metallist. According to the non-existing Ministry of industry and trade of DPR, the works will be put into operation on October 6. The works has been idle since 2014, after the town of Makeevka…
Steel smelting in Ukraine has been falling for 2 months in a row. Until August Ukraine saw increase in steel output. At the same time, average daily steel production went up a bit in September – to 64.7 thousand tons. While in August it totaled 63.1 thousand tons, 67 thousand tons in July and 61…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max July 520 712 449 456 400 415 400 420 August 520 712 449 458 410 410 410 415…
In January-September Ukraine produced 18.32 million tons of carbon steel, up by 7.4% YoY. Pig iron output went up by 11.75%, to 17.88 million tons, that of rolled metal – by 7.7%, to 16.13 million tons. Ukraine also produced 9.69 million tons of coke, up by 15.1% YoY, and 623.1 thousand tons of steel pipes,…