Ukraine: iron ore output down in February 2015
In February Ukraine produced 5944 thousand tons of iron ore and iron ore concentrate, down by 10.1%, or by 668 thousand tons, MoM.
In February Ukraine produced 5944 thousand tons of iron ore and iron ore concentrate, down by 10.1%, or by 668 thousand tons, MoM.
Ferrexpo plc, whose main assets are Ukrainian iron ore producers Poltava and Yeristovo Mining and Processing Works (PGOK and EGOK respectively), edged commercial iron ore pellet production down by 0.16% YoY in February, to 1.875 million tons.
Ukrainian export prices are down by $16-20, Russian – by $5.
In January Ukraine produced 6612 thousand tons of iron ore and iron ore concentrate, up by 7%, or by 431 thousand tons, MoM.
In January Ferrexpo plc, controlling Poltava and Yeristovo Mining and Processing Works (PGOK and EGOK), increased its pellets output by 2.5%, to 1.01 million tons, YoY. At the same time concentrate production went down by 4.5%, to 1.143 million tons.
Month Russian market, $/t, $1/RUR56.258* Ukrainian market, $/t, $1/UAH15.769* Export, Ukraine, $/t, DAF Ukrainian border Export, Russia, $/t, DAF Russian border min min min min min max min max November 38.04 38.04 66.06 70.02 75.00 95.00 80.00 85.00 December 44.22 44.22 76.10 84.56 75.00 95.00 85.00 95.00 * – Ukrainian Hrivna and Russian Rouble exchange…
Month Russian market, $/t, $1/RUR49.322 Export, Ukraine, $/t, DAF Ukrainian border Export, Russia, $/t, DAF Russian border min max min max min max October 49.42 57.78 70.14 80.16 85.00 95.00 November 43.93 49.84 69.59 73.76 80.00 85.00 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.11.14 according to the National Bank…
In November Ukraine produced 7017 thousand tons of iron ore and iron ore concentrate, up by 0.2%, or by 13 thousand tons, MoM.